Pettenati Industria Têxtil Balance Sheet Health
Financial Health criteria checks 5/6
Pettenati Industria Têxtil has a total shareholder equity of R$481.6M and total debt of R$261.2M, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are R$877.6M and R$396.1M respectively. Pettenati Industria Têxtil's EBIT is R$39.1M making its interest coverage ratio -7.4. It has cash and short-term investments of R$163.4M.
Key information
54.2%
Debt to equity ratio
R$261.22m
Debt
| Interest coverage ratio | -7.4x |
| Cash | R$163.40m |
| Equity | R$481.58m |
| Total liabilities | R$396.06m |
| Total assets | R$877.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTNT4's short term assets (R$439.8M) exceed its short term liabilities (R$192.1M).
Long Term Liabilities: PTNT4's short term assets (R$439.8M) exceed its long term liabilities (R$203.9M).
Debt to Equity History and Analysis
Debt Level: PTNT4's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: PTNT4's debt to equity ratio has increased from 43.7% to 54.2% over the past 5 years.
Debt Coverage: PTNT4's debt is well covered by operating cash flow (32.1%).
Interest Coverage: PTNT4 earns more interest than it pays, so coverage of interest payments is not a concern.