Quest PharmaTech Balance Sheet Health
Financial Health criteria checks 2/6
Quest PharmaTech has a total shareholder equity of CA$23.0M and total debt of CA$1,000.0K, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CA$24.1M and CA$1.1M respectively.
Key information
4.3%
Debt to equity ratio
CA$1.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$321.43k |
| Equity | CA$23.01m |
| Total liabilities | CA$1.07m |
| Total assets | CA$24.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QPT's short term assets (CA$426.1K) do not cover its short term liabilities (CA$1.1M).
Long Term Liabilities: QPT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QPT's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: QPT's debt to equity ratio has increased from 0% to 4.3% over the past 5 years.
Debt Coverage: QPT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if QPT's interest payments on its debt are well covered by EBIT.