BQE Water Balance Sheet Health
Financial Health criteria checks 5/6
BQE Water has a total shareholder equity of CA$14.8M and total debt of CA$312.1K, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CA$18.9M and CA$4.1M respectively. BQE Water's EBIT is CA$2.3M making its interest coverage ratio -11.3. It has cash and short-term investments of CA$7.9M.
Key information
2.1%
Debt to equity ratio
CA$312.10k
Debt
| Interest coverage ratio | -11.3x |
| Cash | CA$7.93m |
| Equity | CA$14.78m |
| Total liabilities | CA$4.08m |
| Total assets | CA$18.86m |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By BQE Water Inc.'s (CVE:BQE) 47% Share Price Surge
Apr 10
BQE Water's (CVE:BQE) Returns On Capital Are Heading Higher
Mar 14Investors Will Want BQE Water's (CVE:BQE) Growth In ROCE To Persist
Sep 19Does BQE Water (CVE:BQE) Deserve A Spot On Your Watchlist?
Apr 24BQE Water's (CVE:BQE) Profits Appear To Have Quality Issues
Sep 02Here's Why I Think BQE Water (CVE:BQE) Is An Interesting Stock
Mar 24Do Its Financials Have Any Role To Play In Driving BQE Water Inc.'s (CVE:BQE) Stock Up Recently?
Feb 17
Here's Why We Think BQE Water (CVE:BQE) Is Well Worth Watching
Dec 15BQE Water Inc. (CVE:BQE) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Nov 19Financial Position Analysis
Short Term Liabilities: BQE's short term assets (CA$12.7M) exceed its short term liabilities (CA$2.2M).
Long Term Liabilities: BQE's short term assets (CA$12.7M) exceed its long term liabilities (CA$1.9M).
Debt to Equity History and Analysis
Debt Level: BQE has more cash than its total debt.
Reducing Debt: BQE's debt to equity ratio has increased from 0% to 2.1% over the past 5 years.
Debt Coverage: BQE's debt is well covered by operating cash flow (278.9%).
Interest Coverage: BQE earns more interest than it pays, so coverage of interest payments is not a concern.