Quanta Services Balance Sheet Health
Financial Health criteria checks 4/6
Quanta Services has a total shareholder equity of $7.1B and total debt of $4.5B, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are $18.9B and $11.8B respectively. Quanta Services's EBIT is $1.2B making its interest coverage ratio 6.9. It has cash and short-term investments of $764.1M.
Key information
63.5%
Debt to equity ratio
US$4.50b
Debt
| Interest coverage ratio | 6.9x |
| Cash | US$764.07m |
| Equity | US$7.09b |
| Total liabilities | US$11.78b |
| Total assets | US$18.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Q1UA34's short term assets ($8.0B) exceed its short term liabilities ($6.5B).
Long Term Liabilities: Q1UA34's short term assets ($8.0B) exceed its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: Q1UA34's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: Q1UA34's debt to equity ratio has increased from 48.2% to 63.5% over the past 5 years.
Debt Coverage: Q1UA34's debt is well covered by operating cash flow (52.7%).
Interest Coverage: Q1UA34's interest payments on its debt are well covered by EBIT (6.9x coverage).