Karsten Balance Sheet Health
Financial Health criteria checks 2/6
Karsten has a total shareholder equity of R$-56.6M and total debt of R$452.9M, which brings its debt-to-equity ratio to -800.1%. Its total assets and total liabilities are R$650.9M and R$707.5M respectively. Karsten's EBIT is R$78.2M making its interest coverage ratio 4.4. It has cash and short-term investments of R$54.6M.
Key information
-800.1%
Debt to equity ratio
R$452.89m
Debt
| Interest coverage ratio | 4.4x |
| Cash | R$54.62m |
| Equity | -R$56.60m |
| Total liabilities | R$707.52m |
| Total assets | R$650.92m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: CTKA3 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CTKA3 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: CTKA3 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CTKA3's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CTKA3's debt is well covered by operating cash flow (21.6%).
Interest Coverage: CTKA3's interest payments on its debt are well covered by EBIT (4.4x coverage).