Quimpac Balance Sheet Health
Financial Health criteria checks 5/6
Quimpac has a total shareholder equity of $436.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $871.3M and $434.7M respectively. Quimpac's EBIT is $53.8M making its interest coverage ratio 3. It has cash and short-term investments of $33.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 3x |
| Cash | US$33.34m |
| Equity | US$436.62m |
| Total liabilities | US$434.71m |
| Total assets | US$871.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QUIMPAI1's short term assets ($225.1M) exceed its short term liabilities ($192.3M).
Long Term Liabilities: QUIMPAI1's short term assets ($225.1M) do not cover its long term liabilities ($242.4M).
Debt to Equity History and Analysis
Debt Level: QUIMPAI1 is debt free.
Reducing Debt: QUIMPAI1 has no debt compared to 5 years ago when its debt to equity ratio was 61.4%.
Debt Coverage: QUIMPAI1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: QUIMPAI1 has no debt, therefore coverage of interest payments is not a concern.