Lojas Renner Balance Sheet Health
Financial Health criteria checks 6/6
Lojas Renner has a total shareholder equity of R$10.1B and total debt of R$1.4B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are R$19.1B and R$9.0B respectively. Lojas Renner's EBIT is R$1.1B making its interest coverage ratio -44.3. It has cash and short-term investments of R$2.4B.
Key information
14.0%
Debt to equity ratio
R$1.41b
Debt
Interest coverage ratio | -44.3x |
Cash | R$2.43b |
Equity | R$10.10b |
Total liabilities | R$8.95b |
Total assets | R$19.05b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: LREN3's short term assets (R$10.8B) exceed its short term liabilities (R$6.6B).
Long Term Liabilities: LREN3's short term assets (R$10.8B) exceed its long term liabilities (R$2.4B).
Debt to Equity History and Analysis
Debt Level: LREN3 has more cash than its total debt.
Reducing Debt: LREN3's debt to equity ratio has reduced from 51.1% to 14% over the past 5 years.
Debt Coverage: LREN3's debt is well covered by operating cash flow (215.5%).
Interest Coverage: LREN3 earns more interest than it pays, so coverage of interest payments is not a concern.