QWI Investments Balance Sheet Health
Financial Health criteria checks 5/6
QWI Investments has a total shareholder equity of JMD1.8B and total debt of JMD271.2M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are JMD2.1B and JMD336.9M respectively. QWI Investments's EBIT is JMD231.4M making its interest coverage ratio 7. It has cash and short-term investments of JMD2.1B.
Key information
15.4%
Debt to equity ratio
JA$271.23m
Debt
| Interest coverage ratio | 7x |
| Cash | JA$2.06b |
| Equity | JA$1.76b |
| Total liabilities | JA$336.93m |
| Total assets | JA$2.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QWI's short term assets (JMD2.1B) exceed its short term liabilities (JMD159.9M).
Long Term Liabilities: QWI's short term assets (JMD2.1B) exceed its long term liabilities (JMD177.1M).
Debt to Equity History and Analysis
Debt Level: QWI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if QWI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: QWI's debt is well covered by operating cash flow (86.6%).
Interest Coverage: QWI's interest payments on its debt are well covered by EBIT (7x coverage).