Q.E.P Balance Sheet Health
Financial Health criteria checks 5/6
Q.E.P has a total shareholder equity of $75.5M and total debt of $8.4M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are $150.5M and $74.9M respectively. Q.E.P's EBIT is $6.2M making its interest coverage ratio 2.4. It has cash and short-term investments of $25.3M.
Key information
11.2%
Debt to equity ratio
US$8.43m
Debt
Interest coverage ratio | 2.4x |
Cash | US$25.35m |
Equity | US$75.55m |
Total liabilities | US$74.91m |
Total assets | US$150.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QEPC's short term assets ($109.6M) exceed its short term liabilities ($50.6M).
Long Term Liabilities: QEPC's short term assets ($109.6M) exceed its long term liabilities ($24.3M).
Debt to Equity History and Analysis
Debt Level: QEPC has more cash than its total debt.
Reducing Debt: QEPC's debt to equity ratio has reduced from 78.7% to 11.2% over the past 5 years.
Debt Coverage: QEPC's debt is well covered by operating cash flow (378.5%).
Interest Coverage: QEPC's interest payments on its debt are not well covered by EBIT (2.4x coverage).