QC Holdings Balance Sheet Health
Financial Health criteria checks 3/6
QC Holdings has a total shareholder equity of $27.7M and total debt of $69.4M, which brings its debt-to-equity ratio to 250.5%. Its total assets and total liabilities are $137.7M and $110.0M respectively. QC Holdings's EBIT is $11.1M making its interest coverage ratio 0.9. It has cash and short-term investments of $16.4M.
Key information
250.5%
Debt to equity ratio
US$69.37m
Debt
Interest coverage ratio | 0.9x |
Cash | US$16.36m |
Equity | US$27.69m |
Total liabilities | US$110.00m |
Total assets | US$137.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QCCO's short term assets ($80.6M) exceed its short term liabilities ($20.5M).
Long Term Liabilities: QCCO's short term assets ($80.6M) do not cover its long term liabilities ($89.5M).
Debt to Equity History and Analysis
Debt Level: QCCO's net debt to equity ratio (191.5%) is considered high.
Reducing Debt: QCCO's debt to equity ratio has increased from 50.7% to 250.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable QCCO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: QCCO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.9% per year.