Plascar Participações Industriais Balance Sheet Health
Financial Health criteria checks 2/6
Plascar Participações Industriais has a total shareholder equity of R$-497.5M and total debt of R$203.5M, which brings its debt-to-equity ratio to -40.9%. Its total assets and total liabilities are R$674.2M and R$1.2B respectively. Plascar Participações Industriais's EBIT is R$17.0M making its interest coverage ratio 0.2. It has cash and short-term investments of R$30.0M.
Key information
-40.9%
Debt to equity ratio
R$203.49m
Debt
| Interest coverage ratio | 0.2x |
| Cash | R$29.95m |
| Equity | -R$497.47m |
| Total liabilities | R$1.17b |
| Total assets | R$674.20m |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Plascar Participações Industriais S.A.'s (BVMF:PLAS3) Revenues Despite 29% Price Jump
Mar 15
Even With A 25% Surge, Cautious Investors Are Not Rewarding Plascar Participações Industriais S.A.'s (BVMF:PLAS3) Performance Completely
Jan 24Returns On Capital Are A Standout For Plascar Participações Industriais (BVMF:PLAS3)
Dec 27Plascar Participações Industriais (BVMF:PLAS3) Could Become A Multi-Bagger
Aug 16Market Still Lacking Some Conviction On Plascar Participações Industriais S.A. (BVMF:PLAS3)
Apr 19Financial Position Analysis
Short Term Liabilities: PLAS3 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PLAS3 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PLAS3 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PLAS3's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PLAS3 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PLAS3 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.5% per year.