Q.E.P Balance Sheet Health
Financial Health criteria checks 6/6
Q.E.P has a total shareholder equity of $75.7M and total debt of $96.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are $129.5M and $53.8M respectively. Q.E.P's EBIT is $15.9M making its interest coverage ratio -133.7. It has cash and short-term investments of $29.9M.
Key information
0.1%
Debt to equity ratio
US$96.00k
Debt
| Interest coverage ratio | -133.7x |
| Cash | US$29.94m |
| Equity | US$75.71m |
| Total liabilities | US$53.79m |
| Total assets | US$129.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QEPC's short term assets ($96.0M) exceed its short term liabilities ($34.6M).
Long Term Liabilities: QEPC's short term assets ($96.0M) exceed its long term liabilities ($19.2M).
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 73.3% to 0.1% over the past 5 years.
Debt Coverage: QEPC's debt is well covered by operating cash flow (19921.9%).
Interest Coverage: QEPC earns more interest than it pays, so coverage of interest payments is not a concern.