Brava Energia Balance Sheet Health
Financial Health criteria checks 1/6
Brava Energia has a total shareholder equity of R$11.2B and total debt of R$16.8B, which brings its debt-to-equity ratio to 149.3%. Its total assets and total liabilities are R$36.1B and R$24.8B respectively. Brava Energia's EBIT is R$2.9B making its interest coverage ratio 1.1. It has cash and short-term investments of R$6.3B.
Key information
149.3%
Debt to equity ratio
R$16.79b
Debt
| Interest coverage ratio | 1.1x |
| Cash | R$6.30b |
| Equity | R$11.25b |
| Total liabilities | R$24.82b |
| Total assets | R$36.07b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That 3R Petroleum Óleo e Gás (BVMF:BRAV3) Is Using Debt Extensively
Oct 14
3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Subdued P/S Might Signal An Opportunity
Sep 053R Petroleum Óleo e Gás S.A. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
May 123R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) P/E Is Still On The Mark Following 29% Share Price Bounce
Apr 053R Petroleum Óleo e Gás (BVMF:RRRP3) Shareholders Should Be Cautious Despite Solid Earnings
Mar 143R Petroleum Óleo e Gás S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 103R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Subdued P/S Might Signal An Opportunity
Jan 093R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Analysts Just Slashed This Year's Estimates
Oct 05Growth Investors: Industry Analysts Just Upgraded Their 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Revenue Forecasts By 15%
Sep 16These Analysts Think 3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Sales Are Under Threat
Aug 20What You Can Learn From 3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) P/S
Aug 173R Petroleum Óleo e Gás S.A. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 29Analysts Just Slashed Their 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) EPS Numbers
Mar 22Industry Analysts Just Upgraded Their 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Revenue Forecasts By 13%
Mar 023R Petroleum Óleo e Gás' (BVMF:RRRP3) Earnings Are Of Questionable Quality
Nov 17Time To Worry? Analysts Just Downgraded Their 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Outlook
Jun 243R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) On The Verge Of Breaking Even
Mar 20Is 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Popular Amongst Institutions?
Feb 12Financial Position Analysis
Short Term Liabilities: BRAV3's short term assets (R$9.3B) exceed its short term liabilities (R$4.2B).
Long Term Liabilities: BRAV3's short term assets (R$9.3B) do not cover its long term liabilities (R$20.6B).
Debt to Equity History and Analysis
Debt Level: BRAV3's net debt to equity ratio (93.3%) is considered high.
Reducing Debt: BRAV3's debt to equity ratio has increased from 0.5% to 149.3% over the past 5 years.
Debt Coverage: BRAV3's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: BRAV3's interest payments on its debt are not well covered by EBIT (1.1x coverage).