METISA Metalúrgica Timboense Balance Sheet Health
Financial Health criteria checks 5/6
METISA Metalúrgica Timboense has a total shareholder equity of R$451.0M and total debt of R$46.8M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are R$563.4M and R$112.3M respectively. METISA Metalúrgica Timboense's EBIT is R$21.8M making its interest coverage ratio -0.7. It has cash and short-term investments of R$163.4M.
Key information
10.4%
Debt to equity ratio
R$46.84m
Debt
| Interest coverage ratio | -0.7x |
| Cash | R$163.37m |
| Equity | R$451.03m |
| Total liabilities | R$112.33m |
| Total assets | R$563.36m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MTSA3's short term assets (R$436.8M) exceed its short term liabilities (R$101.6M).
Long Term Liabilities: MTSA3's short term assets (R$436.8M) exceed its long term liabilities (R$10.7M).
Debt to Equity History and Analysis
Debt Level: MTSA3 has more cash than its total debt.
Reducing Debt: MTSA3's debt to equity ratio has increased from 9.8% to 10.4% over the past 5 years.
Debt Coverage: MTSA3's debt is well covered by operating cash flow (164.8%).
Interest Coverage: MTSA3 earns more interest than it pays, so coverage of interest payments is not a concern.