Questor Technology (TSXV:QST) Debt-to-Equity

: 0.01 (As of Sep. 2023)

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Questor Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.24 Mil. Questor Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.09 Mil. Questor Technology's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$25.21 Mil. Questor Technology's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Questor Technology's Debt-to-Equity or its related term are showing as below:

TSXV:QST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.03
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Questor Technology was 0.03. The lowest was 0.00. And the median was 0.01.

TSXV:QST's Debt-to-Equity is ranked better than
99.96% of 2619 companies
in the Industrial Products industry
Industry Median: 0.29 vs TSXV:QST: 0.01

Questor Technology Debt-to-Equity Historical Data

The historical data trend for Questor Technology's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Questor Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.01

0.02

0.01

0.02

Questor Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity																0.02	0.02	0.02	0.01	0.01

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Questor Technology's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Questor Technology Debt-to-Equity Distribution

For the Industrial Products industry and Industrials sector, Questor Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Questor Technology's Debt-to-Equity falls into.

Questor Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Questor Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.279	+	0.257)	/	29.195
	=	0.02

Questor Technology's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.235	+	0.093)	/	25.212
	=	0.01

Questor Technology (TSXV:QST) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Questor Technology Debt-to-Equity Related Terms

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Questor Technology (TSXV:QST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Questor Technology Inc (TSXV:QST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

QUTIF:USA

Address

140 - 4 Avenue S.W., Suite 2240, Calgary, AB, CAN, T2P 3N3

Website

https://www.questortech.com

Questor Technology Inc is focused on clean air technologies that safely and cost-effectively improve air quality, support energy efficiency, and greenhouse gas emissions reductions. The company designs, manufactures, and services high-efficiency waste gas combustion systems. Its combustion technology is utilized in the effective management of Methane, Hydrogen Sulfide gas, Volatile Organic Hydrocarbons, Hazardous Air Pollutants, and BTEX gases ensuring sustainable development, community acceptance, and regulatory compliance. It has developed heat-to-power generation technology and is marketing its solutions to various markets including landfill biogas, syngas, waste engine exhaust, geothermal and solar, cement plant waste heat in addition to a wide variety of oil and gas projects.

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