Armac Locação Logística e Serviços Balance Sheet Health
Financial Health criteria checks 2/6
Armac Locação Logística e Serviços has a total shareholder equity of R$1.3B and total debt of R$2.8B, which brings its debt-to-equity ratio to 217.4%. Its total assets and total liabilities are R$5.1B and R$3.8B respectively. Armac Locação Logística e Serviços's EBIT is R$547.8M making its interest coverage ratio 2. It has cash and short-term investments of R$1.1B.
Key information
217.4%
Debt to equity ratio
R$2.80b
Debt
| Interest coverage ratio | 2x |
| Cash | R$1.12b |
| Equity | R$1.29b |
| Total liabilities | R$3.81b |
| Total assets | R$5.10b |
Recent financial health updates
Recent updates
The Returns On Capital At Armac Locação Logística e Serviços (BVMF:ARML3) Don't Inspire Confidence
Sep 27
Armac Locação Logística e Serviços (BVMF:ARML3) Could Be Struggling To Allocate Capital
Jun 18Armac Locação, Logística e Serviços S.A. (BVMF:ARML3) Not Lagging Market On Growth Or Pricing
May 10Does Armac Locação Logística e Serviços (BVMF:ARML3) Deserve A Spot On Your Watchlist?
Mar 28Does Armac Locação Logística e Serviços (BVMF:ARML3) Have A Healthy Balance Sheet?
Jan 24Armac Locação Logística e Serviços (BVMF:ARML3) Is Reinvesting At Lower Rates Of Return
Jan 03Here's Why We Think Armac Locação Logística e Serviços (BVMF:ARML3) Might Deserve Your Attention Today
Dec 03Armac Locação Logística e Serviços (BVMF:ARML3) May Have Issues Allocating Its Capital
Sep 19Armac Locação Logística e Serviços (BVMF:ARML3) Will Want To Turn Around Its Return Trends
May 30Here's What's Concerning About Armac Locação Logística e Serviços' (BVMF:ARML3) Returns On Capital
Feb 21Armac Locação Logística e Serviços (BVMF:ARML3) May Have Issues Allocating Its Capital
Nov 12Investors Could Be Concerned With Armac Locação Logística e Serviços' (BVMF:ARML3) Returns On Capital
Aug 05We Think That There Are Some Issues For Armac Locação Logística e Serviços (BVMF:ARML3) Beyond Its Promising Earnings
Nov 24Financial Position Analysis
Short Term Liabilities: ARML3's short term assets (R$1.8B) exceed its short term liabilities (R$1.0B).
Long Term Liabilities: ARML3's short term assets (R$1.8B) do not cover its long term liabilities (R$2.8B).
Debt to Equity History and Analysis
Debt Level: ARML3's net debt to equity ratio (130.4%) is considered high.
Reducing Debt: ARML3's debt to equity ratio has reduced from 279% to 217.4% over the past 5 years.
Debt Coverage: ARML3's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: ARML3's interest payments on its debt are not well covered by EBIT (2x coverage).