Questerre Energy Balance Sheet Health
Financial Health criteria checks 6/6
Questerre Energy has a total shareholder equity of CA$143.7M and total debt of CA$36.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are CA$172.3M and CA$28.7M respectively. Questerre Energy's EBIT is CA$401.0K making its interest coverage ratio -0.3. It has cash and short-term investments of CA$36.5M.
Key information
0.03%
Debt to equity ratio
CA$36.00k
Debt
Interest coverage ratio | -0.3x |
Cash | CA$36.46m |
Equity | CA$143.67m |
Total liabilities | CA$28.68m |
Total assets | CA$172.35m |
Recent financial health updates
These 4 Measures Indicate That Questerre Energy (TSE:QEC) Is Using Debt Reasonably Well
Mar 16Is Questerre Energy (TSE:QEC) A Risky Investment?
Dec 10Would Questerre Energy (TSE:QEC) Be Better Off With Less Debt?
Feb 09Here's Why Questerre Energy (TSE:QEC) Can Afford Some Debt
Oct 05Recent updates
Questerre Energy Corporation (TSE:QEC) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Feb 14Questerre Energy (TSE:QEC) Might Have The Makings Of A Multi-Bagger
Jan 13Here's Why We Think Questerre Energy (TSE:QEC) Might Deserve Your Attention Today
Aug 16Questerre Energy (TSE:QEC) Is Looking To Continue Growing Its Returns On Capital
Jul 12Returns Are Gaining Momentum At Questerre Energy (TSE:QEC)
Apr 04What Questerre Energy Corporation's (TSE:QEC) 26% Share Price Gain Is Not Telling You
Aug 14These 4 Measures Indicate That Questerre Energy (TSE:QEC) Is Using Debt Reasonably Well
Mar 16The Return Trends At Questerre Energy (TSE:QEC) Look Promising
Jan 05Is Questerre Energy (TSE:QEC) A Risky Investment?
Dec 10Investors Will Want Questerre Energy's (TSE:QEC) Growth In ROCE To Persist
Sep 26We Think Shareholders May Want To Consider A Review Of Questerre Energy Corporation's (TSE:QEC) CEO Compensation Package
May 27Would Questerre Energy (TSE:QEC) Be Better Off With Less Debt?
Feb 09Questerre Energy's (TSE:QEC) Stock Price Has Reduced 81% In The Past Three Years
Dec 18Here's Why Questerre Energy (TSE:QEC) Can Afford Some Debt
Oct 05How Much Is Questerre Energy Corporation (TSE:QEC) Paying Its CEO?
Aug 12What Can We Conclude About Questerre Energy's (TSE:QEC) CEO Pay?
Aug 12Financial Position Analysis
Short Term Liabilities: QEC's short term assets (CA$39.5M) exceed its short term liabilities (CA$9.7M).
Long Term Liabilities: QEC's short term assets (CA$39.5M) exceed its long term liabilities (CA$19.0M).
Debt to Equity History and Analysis
Debt Level: QEC has more cash than its total debt.
Reducing Debt: QEC's debt to equity ratio has reduced from 7.4% to 0.03% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable QEC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: QEC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 57.4% per year.