Mills Locação Serviços e Logística Balance Sheet Health
Financial Health criteria checks 2/6
Mills Locação Serviços e Logística has a total shareholder equity of R$1.5B and total debt of R$1.5B, which brings its debt-to-equity ratio to 105.7%. Its total assets and total liabilities are R$3.6B and R$2.1B respectively. Mills Locação Serviços e Logística's EBIT is R$505.9M making its interest coverage ratio 5.7. It has cash and short-term investments of R$651.4M.
Key information
105.7%
Debt to equity ratio
R$1.55b
Debt
| Interest coverage ratio | 5.7x |
| Cash | R$651.41m |
| Equity | R$1.47b |
| Total liabilities | R$2.12b |
| Total assets | R$3.59b |
Recent financial health updates
Is Mills Locação Serviços e Logística (BVMF:MILS3) A Risky Investment?
Jun 11
Mills Locação Serviços e Logística (BVMF:MILS3) Seems To Use Debt Rather Sparingly
Apr 06Does Mills Locação Serviços e Logística (BVMF:MILS3) Have A Healthy Balance Sheet?
Oct 06These 4 Measures Indicate That Mills Estruturas e Serviços de Engenharia (BVMF:MILS3) Is Using Debt Safely
May 18These 4 Measures Indicate That Mills Estruturas e Serviços de Engenharia (BVMF:MILS3) Is Using Debt Safely
Dec 07Mills Estruturas e Serviços de Engenharia (BVMF:MILS3) Could Easily Take On More Debt
Aug 18Recent updates
Mills Locação, Serviços e Logística S.A. Just Missed EPS By 13%: Here's What Analysts Think Will Happen Next
Nov 10Is Mills Locação Serviços e Logística (BVMF:MILS3) A Risky Investment?
Jun 11We Think That There Are Some Issues For Mills Locação Serviços e Logística (BVMF:MILS3) Beyond Its Promising Earnings
Mar 26What Does Mills Locação, Serviços e Logística S.A.'s (BVMF:MILS3) Share Price Indicate?
Nov 15Mills Locação Serviços e Logística (BVMF:MILS3) Is Experiencing Growth In Returns On Capital
Sep 20Here's Why Mills Locação Serviços e Logística (BVMF:MILS3) Has Caught The Eye Of Investors
Aug 24Mills Locação Serviços e Logística (BVMF:MILS3) Seems To Use Debt Rather Sparingly
Apr 06Investors Will Want Mills Locação Serviços e Logística's (BVMF:MILS3) Growth In ROCE To Persist
Mar 21We Ran A Stock Scan For Earnings Growth And Mills Locação Serviços e Logística (BVMF:MILS3) Passed With Ease
Jan 06Mills Locação Serviços e Logística (BVMF:MILS3) Is Looking To Continue Growing Its Returns On Capital
Nov 02Does Mills Locação Serviços e Logística (BVMF:MILS3) Have A Healthy Balance Sheet?
Oct 06Mills Locação, Serviços e Logística S.A.'s (BVMF:MILS3) 32% Price Boost Is Out Of Tune With Earnings
Aug 19Should You Be Adding Mills Estruturas e Serviços de Engenharia (BVMF:MILS3) To Your Watchlist Today?
Jul 29Returns Are Gaining Momentum At Mills Estruturas e Serviços de Engenharia (BVMF:MILS3)
Jul 08These 4 Measures Indicate That Mills Estruturas e Serviços de Engenharia (BVMF:MILS3) Is Using Debt Safely
May 18These 4 Measures Indicate That Mills Estruturas e Serviços de Engenharia (BVMF:MILS3) Is Using Debt Safely
Dec 07Mills Estruturas e Serviços de Engenharia's (BVMF:MILS3) Returns On Capital Are Heading Higher
Nov 12Mills Estruturas e Serviços de Engenharia (BVMF:MILS3) Could Easily Take On More Debt
Aug 18We Think Mills Estruturas e Serviços de Engenharia (BVMF:MILS3) Can Stay On Top Of Its Debt
Apr 19Here's What To Make Of Mills Estruturas e Serviços de Engenharia's (BVMF:MILS3) Decelerating Rates Of Return
Mar 23The Mills Estruturas e Serviços de Engenharia (BVMF:MILS3) Share Price Has Gained 127%, So Why Not Pay It Some Attention?
Feb 25What Is The Ownership Structure Like For Mills Estruturas e Serviços de Engenharia S.A. (BVMF:MILS3)?
Jan 29Mills Estruturas e Serviços de Engenharia (BVMF:MILS3) Has A Pretty Healthy Balance Sheet
Jan 03Here's What To Make Of Mills Estruturas e Serviços de Engenharia's (BVMF:MILS3) Returns On Capital
Dec 07If You Had Bought Mills Estruturas e Serviços de Engenharia (BVMF:MILS3) Stock Three Years Ago, You Could Pocket A 101% Gain Today
Jul 27What Percentage Of Mills Estruturas e Serviços de Engenharia S.A. (BVMF:MILS3) Shares Do Insiders Own?
Jun 22
Financial Position Analysis
Short Term Liabilities: MILS3's short term assets (R$1.3B) exceed its short term liabilities (R$595.3M).
Long Term Liabilities: MILS3's short term assets (R$1.3B) do not cover its long term liabilities (R$1.5B).
Debt to Equity History and Analysis
Debt Level: MILS3's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: MILS3's debt to equity ratio has increased from 8.7% to 105.7% over the past 5 years.
Debt Coverage: MILS3's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: MILS3's interest payments on its debt are well covered by EBIT (5.7x coverage).