Karsten Balance Sheet Health
Financial Health criteria checks 2/6
Karsten has a total shareholder equity of R$-112.9M and total debt of R$490.6M, which brings its debt-to-equity ratio to -434.4%. Its total assets and total liabilities are R$645.5M and R$758.4M respectively. Karsten's EBIT is R$67.4M making its interest coverage ratio 3.6. It has cash and short-term investments of R$55.3M.
Key information
-434.4%
Debt to equity ratio
R$490.60m
Debt
Interest coverage ratio | 3.6x |
Cash | R$55.26m |
Equity | -R$112.94m |
Total liabilities | R$758.41m |
Total assets | R$645.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTKA4 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CTKA4 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: CTKA4 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CTKA4's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CTKA4's debt is well covered by operating cash flow (26.2%).
Interest Coverage: CTKA4's interest payments on its debt are well covered by EBIT (3.6x coverage).