Quemchi Balance Sheet Health
Financial Health criteria checks 6/6
Quemchi has a total shareholder equity of CLP323.1B and total debt of CLP2.4B, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CLP349.8B and CLP26.7B respectively. Quemchi's EBIT is CLP1.9B making its interest coverage ratio -0. It has cash and short-term investments of CLP241.4B.
Key information
0.7%
Debt to equity ratio
CL$2.36b
Debt
| Interest coverage ratio | -0.02x |
| Cash | CL$241.42b |
| Equity | CL$323.08b |
| Total liabilities | CL$26.72b |
| Total assets | CL$349.81b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: QUEMCHI's short term assets (CLP245.5B) exceed its short term liabilities (CLP24.4B).
Long Term Liabilities: QUEMCHI's short term assets (CLP245.5B) exceed its long term liabilities (CLP2.3B).
Debt to Equity History and Analysis
Debt Level: QUEMCHI has more cash than its total debt.
Reducing Debt: QUEMCHI's debt to equity ratio has reduced from 9.4% to 0.7% over the past 5 years.
Debt Coverage: QUEMCHI's debt is well covered by operating cash flow (3705.8%).
Interest Coverage: QUEMCHI earns more interest than it pays, so coverage of interest payments is not a concern.