Questerre Energy Balance Sheet Health
Financial Health criteria checks 6/6
Questerre Energy has a total shareholder equity of CA$166.2M and total debt of CA$33.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CA$196.3M and CA$30.0M respectively. Questerre Energy's EBIT is CA$107.7M making its interest coverage ratio -1077.3. It has cash and short-term investments of CA$19.4M.
Key information
0.02%
Debt to equity ratio
CA$33.00k
Debt
| Interest coverage ratio | -1077.3x |
| Cash | CA$19.42m |
| Equity | CA$166.24m |
| Total liabilities | CA$30.02m |
| Total assets | CA$196.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QECO's short term assets (CA$23.2M) exceed its short term liabilities (CA$8.9M).
Long Term Liabilities: QECO's short term assets (CA$23.2M) exceed its long term liabilities (CA$21.2M).
Debt to Equity History and Analysis
Debt Level: QECO has more cash than its total debt.
Reducing Debt: QECO's debt to equity ratio has reduced from 7.8% to 0.02% over the past 5 years.
Debt Coverage: QECO's debt is well covered by operating cash flow (82621.2%).
Interest Coverage: QECO earns more interest than it pays, so coverage of interest payments is not a concern.