Pettenati Industria Têxtil Balance Sheet Health
Financial Health criteria checks 4/6
Pettenati Industria Têxtil has a total shareholder equity of R$486.2M and total debt of R$407.6M, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are R$1.0B and R$547.7M respectively. Pettenati Industria Têxtil's EBIT is R$42.1M making its interest coverage ratio -18.5. It has cash and short-term investments of R$302.2M.
Key information
83.8%
Debt to equity ratio
R$407.59m
Debt
| Interest coverage ratio | -18.5x |
| Cash | R$302.23m |
| Equity | R$486.25m |
| Total liabilities | R$547.68m |
| Total assets | R$1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTNT3's short term assets (R$605.0M) exceed its short term liabilities (R$212.9M).
Long Term Liabilities: PTNT3's short term assets (R$605.0M) exceed its long term liabilities (R$334.8M).
Debt to Equity History and Analysis
Debt Level: PTNT3's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: PTNT3's debt to equity ratio has increased from 43.8% to 83.8% over the past 5 years.
Debt Coverage: PTNT3's debt is not well covered by operating cash flow (15%).
Interest Coverage: PTNT3 earns more interest than it pays, so coverage of interest payments is not a concern.