Quanta Services Balance Sheet Health
Financial Health criteria checks 4/6
Quanta Services has a total shareholder equity of $6.6B and total debt of $3.3B, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are $15.9B and $9.3B respectively. Quanta Services's EBIT is $1.2B making its interest coverage ratio 7. It has cash and short-term investments of $518.1M.
Key information
50.8%
Debt to equity ratio
US$3.34b
Debt
| Interest coverage ratio | 7x |
| Cash | US$518.14m |
| Equity | US$6.58b |
| Total liabilities | US$9.35b |
| Total assets | US$15.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Q1UA34's short term assets ($6.9B) exceed its short term liabilities ($5.3B).
Long Term Liabilities: Q1UA34's short term assets ($6.9B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: Q1UA34's net debt to equity ratio (42.9%) is considered high.
Reducing Debt: Q1UA34's debt to equity ratio has increased from 41.5% to 50.8% over the past 5 years.
Debt Coverage: Q1UA34's debt is well covered by operating cash flow (61%).
Interest Coverage: Q1UA34's interest payments on its debt are well covered by EBIT (7x coverage).