Qurate Retail Balance Sheet Health
Financial Health criteria checks 1/6
Qurate Retail has a total shareholder equity of $489.0M and total debt of $6.6B, which brings its debt-to-equity ratio to 1351.7%. Its total assets and total liabilities are $11.4B and $10.9B respectively. Qurate Retail's EBIT is $524.0M making its interest coverage ratio 1.3. It has cash and short-term investments of $1.1B.
Key information
1,351.7%
Debt to equity ratio
US$6.61b
Debt
Interest coverage ratio | 1.3x |
Cash | US$1.12b |
Equity | US$489.00m |
Total liabilities | US$10.88b |
Total assets | US$11.37b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A4G's short term assets ($3.7B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: 0A4G's short term assets ($3.7B) do not cover its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: 0A4G's net debt to equity ratio (1122.5%) is considered high.
Reducing Debt: 0A4G's debt to equity ratio has increased from 128.4% to 1351.7% over the past 5 years.
Debt Coverage: 0A4G's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: 0A4G's interest payments on its debt are not well covered by EBIT (1.3x coverage).