Questerre Energy Corporation

OTCPK:QTEY.F Stock Report

Market Cap: US$93.5m

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 ration/a
CashCA$37.27m
EquityCA$144.15m
Total liabilitiesCA$28.82m
Total assetsCA$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.


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