Questerre Energy Financial Health
How is Questerre Energy's financial position?
[object Object] Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: QEC's short term assets (CA$23.2M) exceed its short term liabilities (CA$8.9M).
Long Term Liabilities: QEC's short term assets (CA$23.2M) exceed its long term liabilities (CA$21.2M).
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 7.8% to 0.02% over the past 5 years.
Debt Coverage: QEC's debt is well covered by operating cash flow (82621.2%).
Interest Coverage: QEC earns more interest than it pays, so coverage of interest payments is not a concern.