International Meal Company Alimentação Balance Sheet Health
Financial Health criteria checks 2/6
International Meal Company Alimentação has a total shareholder equity of R$1.0B and total debt of R$529.6M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are R$2.7B and R$1.7B respectively. International Meal Company Alimentação's EBIT is R$31.0M making its interest coverage ratio 0.2. It has cash and short-term investments of R$234.1M.
Key information
51.8%
Debt to equity ratio
R$529.55m
Debt
| Interest coverage ratio | 0.2x |
| Cash | R$234.11m |
| Equity | R$1.02b |
| Total liabilities | R$1.72b |
| Total assets | R$2.74b |
Recent financial health updates
Is International Meal Company Alimentação (BVMF:MEAL3) A Risky Investment?
Jan 05
International Meal Company Alimentação (BVMF:MEAL3) Use Of Debt Could Be Considered Risky
Jun 20International Meal Company Alimentação (BVMF:MEAL3) Use Of Debt Could Be Considered Risky
Dec 15International Meal Company Alimentação (BVMF:MEAL3) Has No Shortage Of Debt
Aug 03International Meal Company Alimentação (BVMF:MEAL3) Has No Shortage Of Debt
Apr 25Health Check: How Prudently Does International Meal Company Alimentação (BVMF:MEAL3) Use Debt?
Nov 02Recent updates
International Meal Company Alimentação S.A.'s (BVMF:MEAL3) Popularity With Investors Under Threat As Stock Sinks 27%
Apr 13International Meal Company Alimentação S.A. (BVMF:MEAL3) Investors Are Less Pessimistic Than Expected
Feb 28Is International Meal Company Alimentação (BVMF:MEAL3) A Risky Investment?
Jan 05At R$1.52, Is International Meal Company Alimentação S.A. (BVMF:MEAL3) Worth Looking At Closely?
Oct 20International Meal Company Alimentação S.A.'s (BVMF:MEAL3) Business Is Yet to Catch Up With Its Share Price
Aug 12International Meal Company Alimentação (BVMF:MEAL3) Use Of Debt Could Be Considered Risky
Jun 20Robust Earnings May Not Tell The Whole Story For International Meal Company Alimentação (BVMF:MEAL3)
Apr 08International Meal Company Alimentação (BVMF:MEAL3) Use Of Debt Could Be Considered Risky
Dec 15International Meal Company Alimentação (BVMF:MEAL3) Has No Shortage Of Debt
Aug 03International Meal Company Alimentação (BVMF:MEAL3) Has No Shortage Of Debt
Apr 25Health Check: How Prudently Does International Meal Company Alimentação (BVMF:MEAL3) Use Debt?
Nov 02Is International Meal Company Alimentação (BVMF:MEAL3) Using Debt In A Risky Way?
Mar 05Is International Meal Company Alimentação S.A.'s (BVMF:MEAL3) Shareholder Ownership Skewed Towards Insiders?
Jan 29If You Had Bought International Meal Company Alimentação's (BVMF:MEAL3) Shares A Year Ago You Would Be Down 51%
Dec 24
Here's Why International Meal Company Alimentação (BVMF:MEAL3) Can Afford Some Debt
Nov 19Financial Position Analysis
Short Term Liabilities: MEAL3's short term assets (R$504.3M) do not cover its short term liabilities (R$547.0M).
Long Term Liabilities: MEAL3's short term assets (R$504.3M) do not cover its long term liabilities (R$1.2B).
Debt to Equity History and Analysis
Debt Level: MEAL3's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: MEAL3's debt to equity ratio has increased from 29.3% to 51.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MEAL3 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MEAL3 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.