Qurate Retail Balance Sheet Health
Financial Health criteria checks 1/6
Qurate Retail has a total shareholder equity of $348.0M and total debt of $7.2B, which brings its debt-to-equity ratio to 2060.9%. Its total assets and total liabilities are $11.8B and $11.4B respectively. Qurate Retail's EBIT is $841.0M making its interest coverage ratio 1.8. It has cash and short-term investments of $624.0M.
Key information
2,060.9%
Debt to equity ratio
US$7.17b
Debt
Interest coverage ratio | 1.8x |
Cash | US$624.00m |
Equity | US$348.00m |
Total liabilities | US$11.45b |
Total assets | US$11.80b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LB3A's short term assets ($3.6B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: LB3A's short term assets ($3.6B) do not cover its long term liabilities ($8.7B).
Debt to Equity History and Analysis
Debt Level: LB3A's net debt to equity ratio (1881.6%) is considered high.
Reducing Debt: LB3A's debt to equity ratio has increased from 106.3% to 2060.9% over the past 5 years.
Debt Coverage: LB3A's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: LB3A's interest payments on its debt are not well covered by EBIT (1.8x coverage).