Quebecor Balance Sheet Health

Financial Health criteria checks 3/6

Quebecor has a total shareholder equity of CA$2.3B and total debt of CA$7.5B, which brings its debt-to-equity ratio to 330.8%. Its total assets and total liabilities are CA$12.8B and CA$10.6B respectively. Quebecor's EBIT is CA$1.4B making its interest coverage ratio 3.4. It has cash and short-term investments of CA$54.4M.

Key information

330.8%

Debt to equity ratio

CA$7.55b

Debt

Interest coverage ratio3.4x
CashCA$54.40m
EquityCA$2.28b
Total liabilitiesCA$10.56b
Total assetsCA$12.84b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: QB3's short term assets (CA$2.0B) do not cover its short term liabilities (CA$2.0B).

Long Term Liabilities: QB3's short term assets (CA$2.0B) do not cover its long term liabilities (CA$8.5B).


Debt to Equity History and Analysis

Debt Level: QB3's net debt to equity ratio (328.5%) is considered high.

Reducing Debt: QB3's debt to equity ratio has reduced from 635% to 330.8% over the past 5 years.

Debt Coverage: QB3's debt is well covered by operating cash flow (22%).

Interest Coverage: QB3's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


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