Quebecor Balance Sheet Health
Financial Health criteria checks 3/6
Quebecor has a total shareholder equity of CA$2.0B and total debt of CA$7.8B, which brings its debt-to-equity ratio to 393.4%. Its total assets and total liabilities are CA$12.8B and CA$10.9B respectively. Quebecor's EBIT is CA$1.4B making its interest coverage ratio 3.2. It has cash and short-term investments of CA$25.9M.
Key information
393.4%
Debt to equity ratio
CA$7.78b
Debt
Interest coverage ratio | 3.2x |
Cash | CA$25.90m |
Equity | CA$1.98b |
Total liabilities | CA$10.85b |
Total assets | CA$12.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QBCA.F's short term assets (CA$2.2B) do not cover its short term liabilities (CA$3.4B).
Long Term Liabilities: QBCA.F's short term assets (CA$2.2B) do not cover its long term liabilities (CA$7.5B).
Debt to Equity History and Analysis
Debt Level: QBCA.F's net debt to equity ratio (392.1%) is considered high.
Reducing Debt: QBCA.F's debt to equity ratio has reduced from 911% to 393.4% over the past 5 years.
Debt Coverage: QBCA.F's debt is well covered by operating cash flow (20.3%).
Interest Coverage: QBCA.F's interest payments on its debt are well covered by EBIT (3.2x coverage).