QES Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
QES Group Berhad has a total shareholder equity of MYR182.1M and total debt of MYR42.1M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are MYR286.7M and MYR104.6M respectively. QES Group Berhad's EBIT is MYR19.5M making its interest coverage ratio 174.4. It has cash and short-term investments of MYR102.1M.
Key information
23.1%
Debt to equity ratio
RM 42.11m
Debt
| Interest coverage ratio | 174.4x |
| Cash | RM 102.06m |
| Equity | RM 182.13m |
| Total liabilities | RM 104.57m |
| Total assets | RM 286.69m |
Recent financial health updates
Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Aug 08
Here's Why QES Group Berhad (KLSE:QES) Can Manage Its Debt Responsibly
May 09Does QES Group Berhad (KLSE:QES) Have A Healthy Balance Sheet?
Oct 18Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Mar 07QES Group Berhad (KLSE:QES) Seems To Use Debt Quite Sensibly
Nov 27Is QES Group Berhad (KLSE:QES) A Risky Investment?
Jun 15Recent updates
Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Aug 08QES Group Berhad's (KLSE:QES) Price Is Out Of Tune With Earnings
Jun 08Here's Why QES Group Berhad (KLSE:QES) Can Manage Its Debt Responsibly
May 09Why QES Group Berhad (KLSE:QES) Could Be Worth Watching
Jun 15QES Group Berhad's (KLSE:QES) Returns On Capital Not Reflecting Well On The Business
Dec 28Is QES Group Berhad (KLSE:QES) Potentially Undervalued?
Dec 08Here's Why We Think QES Group Berhad (KLSE:QES) Might Deserve Your Attention Today
Nov 11Does QES Group Berhad (KLSE:QES) Have A Healthy Balance Sheet?
Oct 18Is QES Group Berhad (KLSE:QES) Potentially Undervalued?
May 18Investors Could Be Concerned With QES Group Berhad's (KLSE:QES) Returns On Capital
Apr 05Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Mar 07QES Group Berhad (KLSE:QES) Seems To Use Debt Quite Sensibly
Nov 27Is QES Group Berhad (KLSE:QES) A Risky Investment?
Jun 15QES Group Berhad (KLSE:QES) Might Be Having Difficulty Using Its Capital Effectively
Apr 12QES Group Berhad (KLSE:QES) Could Easily Take On More Debt
Mar 01Is QES Group Berhad's (KLSE:QES) Shareholder Ownership Skewed Towards Insiders?
Feb 10Update: QES Group Berhad (KLSE:QES) Stock Gained 64% In The Last Year
Jan 20Does QES Group Berhad's (KLSE:QES) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 08
Can Mixed Fundamentals Have A Negative Impact on QES Group Berhad (KLSE:QES) Current Share Price Momentum?
Nov 17Financial Position Analysis
Short Term Liabilities: QES's short term assets (MYR207.8M) exceed its short term liabilities (MYR78.9M).
Long Term Liabilities: QES's short term assets (MYR207.8M) exceed its long term liabilities (MYR25.7M).
Debt to Equity History and Analysis
Debt Level: QES has more cash than its total debt.
Reducing Debt: QES's debt to equity ratio has increased from 20.4% to 23.1% over the past 5 years.
Debt Coverage: QES's debt is well covered by operating cash flow (56.2%).
Interest Coverage: QES's interest payments on its debt are well covered by EBIT (174.4x coverage).