Quanta Services Balance Sheet Health
Financial Health criteria checks 4/6
Quanta Services has a total shareholder equity of $6.3B and total debt of $4.1B, which brings its debt-to-equity ratio to 64.6%. Its total assets and total liabilities are $16.2B and $10.0B respectively. Quanta Services's EBIT is $1.1B making its interest coverage ratio 6.2. It has cash and short-term investments of $1.3B.
Key information
64.6%
Debt to equity ratio
US$4.06b
Debt
Interest coverage ratio | 6.2x |
Cash | US$1.29b |
Equity | US$6.28b |
Total liabilities | US$9.95b |
Total assets | US$16.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KSR's short term assets ($7.7B) exceed its short term liabilities ($5.2B).
Long Term Liabilities: 0KSR's short term assets ($7.7B) exceed its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: 0KSR's net debt to equity ratio (44%) is considered high.
Reducing Debt: 0KSR's debt to equity ratio has increased from 30.7% to 64.6% over the past 5 years.
Debt Coverage: 0KSR's debt is well covered by operating cash flow (38.9%).
Interest Coverage: 0KSR's interest payments on its debt are well covered by EBIT (6.2x coverage).