Quebecor Balance Sheet Health
Financial Health criteria checks 2/6
Quebecor has a total shareholder equity of CA$1.8B and total debt of CA$7.8B, which brings its debt-to-equity ratio to 424%. Its total assets and total liabilities are CA$12.7B and CA$10.9B respectively. Quebecor's EBIT is CA$1.3B making its interest coverage ratio 3.3. It has cash and short-term investments of CA$11.1M.
Key information
424.0%
Debt to equity ratio
CA$7.79b
Debt
| Interest coverage ratio | 3.3x |
| Cash | CA$11.10m |
| Equity | CA$1.84b |
| Total liabilities | CA$10.90b |
| Total assets | CA$12.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QBR.B's short term assets (CA$2.2B) do not cover its short term liabilities (CA$3.3B).
Long Term Liabilities: QBR.B's short term assets (CA$2.2B) do not cover its long term liabilities (CA$7.6B).
Debt to Equity History and Analysis
Debt Level: QBR.B's net debt to equity ratio (423.4%) is considered high.
Reducing Debt: QBR.B's debt to equity ratio has reduced from 1161.8% to 424% over the past 5 years.
Debt Coverage: QBR.B's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: QBR.B's interest payments on its debt are well covered by EBIT (3.3x coverage).