Companhia de Fiação e Tecidos Cedro e Cachoeira Balance Sheet Health
Financial Health criteria checks 3/6
Companhia de Fiação e Tecidos Cedro e Cachoeira has a total shareholder equity of R$200.0M and total debt of R$349.0M, which brings its debt-to-equity ratio to 174.5%. Its total assets and total liabilities are R$882.2M and R$682.2M respectively. Companhia de Fiação e Tecidos Cedro e Cachoeira's EBIT is R$188.0M making its interest coverage ratio 3. It has cash and short-term investments of R$84.8M.
Key information
174.5%
Debt to equity ratio
R$349.03m
Debt
Interest coverage ratio | 3x |
Cash | R$84.75m |
Equity | R$200.01m |
Total liabilities | R$682.19m |
Total assets | R$882.19m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: CEDO3's short term assets (R$475.3M) exceed its short term liabilities (R$340.4M).
Long Term Liabilities: CEDO3's short term assets (R$475.3M) exceed its long term liabilities (R$341.8M).
Debt to Equity History and Analysis
Debt Level: CEDO3's net debt to equity ratio (132.1%) is considered high.
Reducing Debt: CEDO3's debt to equity ratio has increased from 122.9% to 174.5% over the past 5 years.
Debt Coverage: CEDO3's debt is well covered by operating cash flow (27.9%).
Interest Coverage: CEDO3's interest payments on its debt are not well covered by EBIT (3x coverage).