Metalfrio Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Metalfrio Solutions has a total shareholder equity of R$-330.2M and total debt of R$1.5B, which brings its debt-to-equity ratio to -453.7%. Its total assets and total liabilities are R$1.8B and R$2.1B respectively. Metalfrio Solutions's EBIT is R$147.6M making its interest coverage ratio 1. It has cash and short-term investments of R$176.7M.
Key information
-453.7%
Debt to equity ratio
R$1.50b
Debt
| Interest coverage ratio | 1x |
| Cash | R$176.68m |
| Equity | -R$330.16m |
| Total liabilities | R$2.12b |
| Total assets | R$1.79b |
Recent financial health updates
Recent updates
Metalfrio Solutions S.A. (BVMF:FRIO3) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Feb 07
Metalfrio Solutions S.A.'s (BVMF:FRIO3) Shares Bounce 192% But Its Business Still Trails The Industry
Dec 18Here's Why Metalfrio Solutions (BVMF:FRIO3) Is Weighed Down By Its Debt Load
Mar 18Did You Participate In Any Of Metalfrio Solutions' (BVMF:FRIO3) Incredible 943% Return?
Jan 20We Like Metalfrio Solutions' (BVMF:FRIO3) Returns And Here's How They're Trending
Nov 26Financial Position Analysis
Short Term Liabilities: FRIO3 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FRIO3 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: FRIO3 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FRIO3'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 FRIO3 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FRIO3 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.1% per year.