Taurus Armas Balance Sheet Health
Financial Health criteria checks 5/6
Taurus Armas has a total shareholder equity of R$1.2B and total debt of R$621.6M, which brings its debt-to-equity ratio to 51.9%. Its total assets and total liabilities are R$2.3B and R$1.1B respectively. Taurus Armas's EBIT is R$141.0M making its interest coverage ratio 0.9. It has cash and short-term investments of R$164.6M.
Key information
51.9%
Debt to equity ratio
R$621.61m
Debt
| Interest coverage ratio | 0.9x |
| Cash | R$164.56m |
| Equity | R$1.20b |
| Total liabilities | R$1.13b |
| Total assets | R$2.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TASA3's short term assets (R$1.3B) exceed its short term liabilities (R$851.4M).
Long Term Liabilities: TASA3's short term assets (R$1.3B) exceed its long term liabilities (R$275.1M).
Debt to Equity History and Analysis
Debt Level: TASA3's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: TASA3 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: TASA3's debt is well covered by operating cash flow (25.8%).
Interest Coverage: TASA3's interest payments on its debt are not well covered by EBIT (0.9x coverage).