BQE Water Balance Sheet Health
Financial Health criteria checks 5/6
BQE Water has a total shareholder equity of CA$14.8M and total debt of CA$312.1K, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CA$18.9M and CA$4.1M respectively. BQE Water's EBIT is CA$2.3M making its interest coverage ratio -42.7. It has cash and short-term investments of CA$7.9M.
Key information
2.1%
Debt to equity ratio
CA$312.10k
Debt
Interest coverage ratio | -42.7x |
Cash | CA$7.93m |
Equity | CA$14.78m |
Total liabilities | CA$4.08m |
Total assets | CA$18.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UL5A's short term assets (CA$12.7M) exceed its short term liabilities (CA$2.2M).
Long Term Liabilities: UL5A's short term assets (CA$12.7M) exceed its long term liabilities (CA$1.9M).
Debt to Equity History and Analysis
Debt Level: UL5A has more cash than its total debt.
Reducing Debt: UL5A's debt to equity ratio has increased from 0% to 2.1% over the past 5 years.
Debt Coverage: UL5A's debt is well covered by operating cash flow (278.9%).
Interest Coverage: UL5A earns more interest than it pays, so coverage of interest payments is not a concern.