Questerre Energy Balance Sheet Health
Financial Health criteria checks 4/6
Questerre Energy has a total shareholder equity of CA$145.9M and total debt of CA$38.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are CA$179.2M and CA$33.3M respectively.
Key information
0.03%
Debt to equity ratio
CA$38.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$38.53m |
| Equity | CA$145.94m |
| Total liabilities | CA$33.31m |
| Total assets | CA$179.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QE1's short term assets (CA$42.2M) exceed its short term liabilities (CA$14.6M).
Long Term Liabilities: QE1's short term assets (CA$42.2M) exceed its long term liabilities (CA$18.7M).
Debt to Equity History and Analysis
Debt Level: QE1 has more cash than its total debt.
Reducing Debt: QE1's debt to equity ratio has reduced from 7.4% to 0.03% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if QE1 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if QE1 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.