Questerre Energy Balance Sheet Health
Financial Health criteria checks 6/6
Questerre Energy has a total shareholder equity of CA$143.7M and total debt of CA$36.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are CA$172.3M and CA$28.7M respectively. Questerre Energy's EBIT is CA$401.0K making its interest coverage ratio -0.3. It has cash and short-term investments of CA$36.5M.
Key information
0.03%
Debt to equity ratio
CA$36.00k
Debt
| Interest coverage ratio | -0.3x |
| Cash | CA$36.46m |
| Equity | CA$143.67m |
| Total liabilities | CA$28.68m |
| Total assets | CA$172.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QTEY.F's short term assets (CA$39.5M) exceed its short term liabilities (CA$9.7M).
Long Term Liabilities: QTEY.F's short term assets (CA$39.5M) exceed its long term liabilities (CA$19.0M).
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 7.4% 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 57.4% per year.