Quarto Group Balance Sheet Health
Financial Health criteria checks 6/6
Quarto Group has a total shareholder equity of $69.7M and total debt of $4.4M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are $120.4M and $50.7M respectively. Quarto Group's EBIT is $18.0M making its interest coverage ratio 15.5. It has cash and short-term investments of $13.5M.
Key information
6.3%
Debt to equity ratio
US$4.36m
Debt
| Interest coverage ratio | 15.5x |
| Cash | US$13.46m |
| Equity | US$69.75m |
| Total liabilities | US$50.67m |
| Total assets | US$120.42m |
Recent financial health updates
Quarto Group (LON:QRT) Has A Pretty Healthy Balance Sheet
Sep 28
We Think Quarto Group (LON:QRT) Can Manage Its Debt With Ease
May 10Quarto Group (LON:QRT) Has A Pretty Healthy Balance Sheet
Apr 19Recent updates
Shareholders Would Enjoy A Repeat Of Quarto Group's (LON:QRT) Recent Growth In Returns
Aug 16Quarto Group (LON:QRT) Is Very Good At Capital Allocation
Feb 04Quarto Group (LON:QRT) Has A Pretty Healthy Balance Sheet
Sep 28Quarto Group (LON:QRT) Is Experiencing Growth In Returns On Capital
Aug 31With EPS Growth And More, Quarto Group (LON:QRT) Makes An Interesting Case
Jul 07We Think Quarto Group (LON:QRT) Can Manage Its Debt With Ease
May 10If You Like EPS Growth Then Check Out Quarto Group (LON:QRT) Before It's Too Late
Mar 18Quarto Group (LON:QRT) Is Experiencing Growth In Returns On Capital
Jan 08Quarto Group (LON:QRT) Is Looking To Continue Growing Its Returns On Capital
Aug 10Quarto Group (LON:QRT) Has A Pretty Healthy Balance Sheet
Apr 19Quarto Group (LON:QRT) Is Investing Its Capital With Increasing Efficiency
Mar 23Are Quarto Group's (LON:QRT) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 14Financial Position Analysis
Short Term Liabilities: QRT's short term assets ($66.3M) exceed its short term liabilities ($41.7M).
Long Term Liabilities: QRT's short term assets ($66.3M) exceed its long term liabilities ($9.0M).
Debt to Equity History and Analysis
Debt Level: QRT has more cash than its total debt.
Reducing Debt: QRT's debt to equity ratio has reduced from 468.9% to 6.3% over the past 5 years.
Debt Coverage: QRT's debt is well covered by operating cash flow (819.5%).
Interest Coverage: QRT's interest payments on its debt are well covered by EBIT (15.5x coverage).