Quaker Chemical Balance Sheet Health
Financial Health criteria checks 3/6
Quaker Chemical has a total shareholder equity of $1.4B and total debt of $753.2M, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are $2.7B and $1.3B respectively. Quaker Chemical's EBIT is $220.1M making its interest coverage ratio 4.3. It has cash and short-term investments of $194.5M.
Key information
54.4%
Debt to equity ratio
US$753.19m
Debt
Interest coverage ratio | 4.3x |
Cash | US$194.53m |
Equity | US$1.38b |
Total liabilities | US$1.33b |
Total assets | US$2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QUC's short term assets ($927.9M) exceed its short term liabilities ($367.5M).
Long Term Liabilities: QUC's short term assets ($927.9M) do not cover its long term liabilities ($961.8M).
Debt to Equity History and Analysis
Debt Level: QUC's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: QUC's debt to equity ratio has increased from 8.4% to 54.4% over the past 5 years.
Debt Coverage: QUC's debt is well covered by operating cash flow (37%).
Interest Coverage: QUC's interest payments on its debt are well covered by EBIT (4.3x coverage).