Prio Balance Sheet Health
Financial Health criteria checks 4/6
Prio has a total shareholder equity of R$18.2B and total debt of R$16.8B, which brings its debt-to-equity ratio to 92.1%. Its total assets and total liabilities are R$43.3B and R$25.1B respectively. Prio's EBIT is R$7.7B making its interest coverage ratio 2.5. It has cash and short-term investments of R$11.8B.
Key information
92.1%
Debt to equity ratio
R$16.76b
Debt
| Interest coverage ratio | 2.5x |
| Cash | R$11.77b |
| Equity | R$18.19b |
| Total liabilities | R$25.11b |
| Total assets | R$43.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRIO3's short term assets (R$17.2B) exceed its short term liabilities (R$3.4B).
Long Term Liabilities: PRIO3's short term assets (R$17.2B) do not cover its long term liabilities (R$21.7B).
Debt to Equity History and Analysis
Debt Level: PRIO3's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: PRIO3's debt to equity ratio has reduced from 107.4% to 92.1% over the past 5 years.
Debt Coverage: PRIO3's debt is well covered by operating cash flow (54.9%).
Interest Coverage: PRIO3's interest payments on its debt are not well covered by EBIT (2.5x coverage).