Quantum Foods Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Quantum Foods Holdings has a total shareholder equity of ZAR2.0B and total debt of ZAR99.4M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are ZAR3.0B and ZAR978.0M respectively. Quantum Foods Holdings's EBIT is ZAR12.7M making its interest coverage ratio 0.8. It has cash and short-term investments of ZAR185.9M.
Key information
4.9%
Debt to equity ratio
R99.41m
Debt
| Interest coverage ratio | 0.8x |
| Cash | R185.95m |
| Equity | R2.02b |
| Total liabilities | R977.95m |
| Total assets | R3.00b |
Recent financial health updates
We Think Quantum Foods Holdings (JSE:QFH) Can Stay On Top Of Its Debt
Jun 21
Quantum Foods Holdings (JSE:QFH) Is Making Moderate Use Of Debt
Sep 14Recent updates
Quantum Foods Holdings' (JSE:QFH) Returns On Capital Not Reflecting Well On The Business
Sep 06The Price Is Right For Quantum Foods Holdings Ltd (JSE:QFH) Even After Diving 31%
Aug 08Market Participants Recognise Quantum Foods Holdings Ltd's (JSE:QFH) Revenues Pushing Shares 45% Higher
Jun 23We Think Quantum Foods Holdings (JSE:QFH) Can Stay On Top Of Its Debt
Jun 21Some Investors May Be Worried About Quantum Foods Holdings' (JSE:QFH) Returns On Capital
May 26Quantum Foods Holdings Ltd's (JSE:QFH) Shares Leap 52% Yet They're Still Not Telling The Full Story
Apr 26Quantum Foods Holdings Ltd (JSE:QFH) Stock Rockets 104% But Many Are Still Ignoring The Company
Mar 08We Think Some Shareholders May Hesitate To Increase Quantum Foods Holdings Ltd's (JSE:QFH) CEO Compensation
Feb 17Quantum Foods Holdings (JSE:QFH) Is Making Moderate Use Of Debt
Sep 14Most Shareholders Will Probably Find That The CEO Compensation For Quantum Foods Holdings Ltd (JSE:QFH) Is Reasonable
Feb 18Quantum Foods Holdings (JSE:QFH) Could Be Struggling To Allocate Capital
Jan 12Quantum Foods Holdings' (JSE:QFH) Problems Go Beyond Poor Profit
Dec 03Financial Position Analysis
Short Term Liabilities: QFH's short term assets (ZAR1.6B) exceed its short term liabilities (ZAR608.6M).
Long Term Liabilities: QFH's short term assets (ZAR1.6B) exceed its long term liabilities (ZAR369.3M).
Debt to Equity History and Analysis
Debt Level: QFH has more cash than its total debt.
Reducing Debt: QFH's debt to equity ratio has increased from 0% to 4.9% over the past 5 years.
Debt Coverage: QFH's debt is well covered by operating cash flow (264.4%).
Interest Coverage: QFH's interest payments on its debt are not well covered by EBIT (0.8x coverage).