HAGA S/A Indústria e Comércio Balance Sheet Health
Financial Health criteria checks 2/6
HAGA S/A Indústria e Comércio has a total shareholder equity of R$-51.3M and total debt of R$20.8M, which brings its debt-to-equity ratio to -40.5%. Its total assets and total liabilities are R$65.9M and R$117.2M respectively. HAGA S/A Indústria e Comércio's EBIT is R$1.2M making its interest coverage ratio -0.4. It has cash and short-term investments of R$45.1M.
Key information
-40.5%
Debt to equity ratio
R$20.75m
Debt
| Interest coverage ratio | -0.4x |
| Cash | R$45.05m |
| Equity | -R$51.27m |
| Total liabilities | R$117.17m |
| Total assets | R$65.90m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: HAGA3 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HAGA3 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: HAGA3 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HAGA3's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HAGA3's debt is well covered by operating cash flow (20.6%).
Interest Coverage: HAGA3 earns more interest than it pays, so coverage of interest payments is not a concern.