Questerre Energy Corporation

TSX:QEC Stock Report

Market Cap: CA$100.7m

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
CashCA$36.46m
EquityCA$143.67m
Total liabilitiesCA$28.68m
Total assetsCA$172.35m

Recent financial health updates

Recent updates

Questerre Energy Corporation (TSE:QEC) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected

Feb 14
Questerre Energy Corporation (TSE:QEC) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected

Questerre Energy (TSE:QEC) Might Have The Makings Of A Multi-Bagger

Jan 13
Questerre Energy (TSE:QEC) Might Have The Makings Of A Multi-Bagger

Here's Why We Think Questerre Energy (TSE:QEC) Might Deserve Your Attention Today

Aug 16
Here's Why We Think Questerre Energy (TSE:QEC) Might Deserve Your Attention Today

Questerre Energy (TSE:QEC) Is Looking To Continue Growing Its Returns On Capital

Jul 12
Questerre Energy (TSE:QEC) Is Looking To Continue Growing Its Returns On Capital

Returns Are Gaining Momentum At Questerre Energy (TSE:QEC)

Apr 04
Returns Are Gaining Momentum At Questerre Energy (TSE:QEC)

What Questerre Energy Corporation's (TSE:QEC) 26% Share Price Gain Is Not Telling You

Aug 14
What Questerre Energy Corporation's (TSE:QEC) 26% Share Price Gain Is Not Telling You

These 4 Measures Indicate That Questerre Energy (TSE:QEC) Is Using Debt Reasonably Well

Mar 16
These 4 Measures Indicate That Questerre Energy (TSE:QEC) Is Using Debt Reasonably Well

The Return Trends At Questerre Energy (TSE:QEC) Look Promising

Jan 05
The Return Trends At Questerre Energy (TSE:QEC) Look Promising

Is Questerre Energy (TSE:QEC) A Risky Investment?

Dec 10
Is Questerre Energy (TSE:QEC) A Risky Investment?

Investors Will Want Questerre Energy's (TSE:QEC) Growth In ROCE To Persist

Sep 26
Investors Will Want Questerre Energy's (TSE:QEC) Growth In ROCE To Persist

We Think Shareholders May Want To Consider A Review Of Questerre Energy Corporation's (TSE:QEC) CEO Compensation Package

May 27
We Think Shareholders May Want To Consider A Review Of Questerre Energy Corporation's (TSE:QEC) CEO Compensation Package

Would Questerre Energy (TSE:QEC) Be Better Off With Less Debt?

Feb 09
Would Questerre Energy (TSE:QEC) Be Better Off With Less Debt?

Questerre Energy's (TSE:QEC) Stock Price Has Reduced 81% In The Past Three Years

Dec 18
Questerre Energy's (TSE:QEC) Stock Price Has Reduced 81% In The Past Three Years

Here's Why Questerre Energy (TSE:QEC) Can Afford Some Debt

Oct 05
Here's Why Questerre Energy (TSE:QEC) Can Afford Some Debt

How Much Is Questerre Energy Corporation (TSE:QEC) Paying Its CEO?

Aug 12
How Much Is Questerre Energy Corporation (TSE:QEC) Paying Its CEO?

What Can We Conclude About Questerre Energy's (TSE:QEC) CEO Pay?

Aug 12
What Can We Conclude About Questerre Energy's (TSE:QEC) CEO Pay?

Financial 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.


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