Quanta Services Balance Sheet Health
Financial Health criteria checks 4/6
Quanta Services has a total shareholder equity of $6.4B and total debt of $3.7B, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are $15.5B and $9.2B respectively. Quanta Services's EBIT is $1.1B making its interest coverage ratio 6.6. It has cash and short-term investments of $531.1M.
Key information
57.7%
Debt to equity ratio
US$3.67b
Debt
Interest coverage ratio | 6.6x |
Cash | US$531.06m |
Equity | US$6.37b |
Total liabilities | US$9.18b |
Total assets | US$15.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QAA's short term assets ($6.6B) exceed its short term liabilities ($4.8B).
Long Term Liabilities: QAA's short term assets ($6.6B) exceed its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: QAA's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: QAA's debt to equity ratio has increased from 37.3% to 57.7% over the past 5 years.
Debt Coverage: QAA's debt is well covered by operating cash flow (48.3%).
Interest Coverage: QAA's interest payments on its debt are well covered by EBIT (6.6x coverage).