Pettenati Industria Têxtil Balance Sheet Health
Financial Health criteria checks 5/6
Pettenati Industria Têxtil has a total shareholder equity of R$450.6M and total debt of R$274.7M, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are R$828.6M and R$378.0M respectively. Pettenati Industria Têxtil's EBIT is R$66.6M making its interest coverage ratio 11.7. It has cash and short-term investments of R$162.9M.
Key information
61.0%
Debt to equity ratio
R$274.75m
Debt
Interest coverage ratio | 11.7x |
Cash | R$162.91m |
Equity | R$450.60m |
Total liabilities | R$378.00m |
Total assets | R$828.60m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PTNT3's short term assets (R$419.7M) exceed its short term liabilities (R$167.8M).
Long Term Liabilities: PTNT3's short term assets (R$419.7M) exceed its long term liabilities (R$210.2M).
Debt to Equity History and Analysis
Debt Level: PTNT3's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: PTNT3's debt to equity ratio has increased from 48.2% to 61% over the past 5 years.
Debt Coverage: PTNT3's debt is well covered by operating cash flow (51.9%).
Interest Coverage: PTNT3's interest payments on its debt are well covered by EBIT (11.7x coverage).