Qurate Retail Balance Sheet Health
Financial Health criteria checks 1/6
Qurate Retail has a total shareholder equity of $479.0M and total debt of $6.3B, which brings its debt-to-equity ratio to 1321.7%. Its total assets and total liabilities are $10.8B and $10.3B respectively. Qurate Retail's EBIT is $618.0M making its interest coverage ratio 1.5. It has cash and short-term investments of $873.0M.
Key information
1,321.7%
Debt to equity ratio
US$6.33b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$873.00m |
| Equity | US$479.00m |
| Total liabilities | US$10.29b |
| Total assets | US$10.77b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QRTE's short term assets ($3.2B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: QRTE's short term assets ($3.2B) do not cover its long term liabilities ($7.6B).
Debt to Equity History and Analysis
Debt Level: QRTE's net debt to equity ratio (1139.5%) is considered high.
Reducing Debt: QRTE's debt to equity ratio has increased from 158.1% to 1321.7% over the past 5 years.
Debt Coverage: QRTE's debt is not well covered by operating cash flow (10%).
Interest Coverage: QRTE's interest payments on its debt are not well covered by EBIT (1.5x coverage).