Questerre Energy Balance Sheet Health
Financial Health criteria checks 6/6
Questerre Energy has a total shareholder equity of CA$144.1M and total debt of CA$38.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are CA$173.0M and CA$28.8M respectively.
Key information
0.03%
Debt to equity ratio
CA$38.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$37.27m |
Equity | CA$144.15m |
Total liabilities | CA$28.82m |
Total assets | CA$172.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QTEY.F's short term assets (CA$40.4M) exceed its short term liabilities (CA$10.3M).
Long Term Liabilities: QTEY.F's short term assets (CA$40.4M) exceed its long term liabilities (CA$18.5M).
Debt to Equity History and Analysis
Debt Level: QTEY.F has more cash than its total debt.
Reducing Debt: QTEY.F's debt to equity ratio has reduced from 8.7% to 0.03% 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 QTEY.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: QTEY.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 56.7% per year.