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$-53.9M and total debt of R$20.8M, which brings its debt-to-equity ratio to -38.5%. Its total assets and total liabilities are R$61.7M and R$115.6M respectively. HAGA S/A Indústria e Comércio's EBIT is R$1.1M making its interest coverage ratio -0.3. It has cash and short-term investments of R$43.2M.
Key information
-38.5%
Debt to equity ratio
R$20.75m
Debt
Interest coverage ratio | -0.3x |
Cash | R$43.16m |
Equity | -R$53.88m |
Total liabilities | R$115.57m |
Total assets | R$61.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAGA4 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HAGA4 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: HAGA4 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HAGA4's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HAGA4's debt is well covered by operating cash flow (27.1%).
Interest Coverage: HAGA4 earns more interest than it pays, so coverage of interest payments is not a concern.