Quebecor Balance Sheet Health
Financial Health criteria checks 3/6
Quebecor has a total shareholder equity of CA$2.3B and total debt of CA$7.5B, which brings its debt-to-equity ratio to 330.8%. Its total assets and total liabilities are CA$12.8B and CA$10.6B respectively. Quebecor's EBIT is CA$1.4B making its interest coverage ratio 3.4. It has cash and short-term investments of CA$54.4M.
Key information
330.8%
Debt to equity ratio
CA$7.55b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CA$54.40m |
| Equity | CA$2.28b |
| Total liabilities | CA$10.56b |
| Total assets | CA$12.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QBR.B's short term assets (CA$2.0B) do not cover its short term liabilities (CA$2.0B).
Long Term Liabilities: QBR.B's short term assets (CA$2.0B) do not cover its long term liabilities (CA$8.5B).
Debt to Equity History and Analysis
Debt Level: QBR.B's net debt to equity ratio (328.5%) is considered high.
Reducing Debt: QBR.B's debt to equity ratio has reduced from 635% to 330.8% over the past 5 years.
Debt Coverage: QBR.B's debt is well covered by operating cash flow (22%).
Interest Coverage: QBR.B's interest payments on its debt are well covered by EBIT (3.4x coverage).