Cosan Balance Sheet Health
Financial Health criteria checks 2/6
Cosan has a total shareholder equity of R$50.9B and total debt of R$60.5B, which brings its debt-to-equity ratio to 118.8%. Its total assets and total liabilities are R$143.0B and R$92.1B respectively. Cosan's EBIT is R$7.6B making its interest coverage ratio 6.5. It has cash and short-term investments of R$20.3B.
Key information
118.8%
Debt to equity ratio
R$60.51b
Debt
Interest coverage ratio | 6.5x |
Cash | R$20.34b |
Equity | R$50.92b |
Total liabilities | R$92.06b |
Total assets | R$142.98b |
Recent financial health updates
Is Cosan (BVMF:CSAN3) Using Too Much Debt?
Feb 08Cosan (BVMF:CSAN3) Has A Somewhat Strained Balance Sheet
Oct 26Is Cosan (BVMF:CSAN3) A Risky Investment?
Jul 20Is Cosan (BVMF:CSAN3) Using Too Much Debt?
Mar 14Here's Why Cosan (BVMF:CSAN3) Can Manage Its Debt Responsibly
Dec 14Recent updates
Investors Holding Back On Cosan S.A. (BVMF:CSAN3)
Feb 29Is Cosan (BVMF:CSAN3) Using Too Much Debt?
Feb 08Be Wary Of Cosan (BVMF:CSAN3) And Its Returns On Capital
Dec 28Cosan (BVMF:CSAN3) Has A Somewhat Strained Balance Sheet
Oct 26Returns On Capital At Cosan (BVMF:CSAN3) Paint A Concerning Picture
Sep 06Is Cosan (BVMF:CSAN3) A Risky Investment?
Jul 20Be Wary Of Cosan (BVMF:CSAN3) And Its Returns On Capital
Jun 08Is Cosan (BVMF:CSAN3) Using Too Much Debt?
Mar 14How Did Cosan S.A.'s (BVMF:CSAN3) 8.8% ROE Fare Against The Industry?
Feb 12What Type Of Shareholders Make Up Cosan S.A.'s (BVMF:CSAN3) Share Registry?
Jan 28Returns On Capital - An Important Metric For Cosan (BVMF:CSAN3)
Dec 29Here's Why Cosan (BVMF:CSAN3) Can Manage Its Debt Responsibly
Dec 14Should You Use Cosan's (BVMF:CSAN3) Statutory Earnings To Analyse It?
Nov 29Cosan S.A.'s (BVMF:CSAN3) Share Price Could Signal Some Risk
Sep 04We Think Cosan (BVMF:CSAN3) Can Stay On Top Of Its Debt
Aug 17How Much Of Cosan S.A. (BVMF:CSAN3) Do Institutions Own?
Jul 27Should You Be Excited About Cosan S.A.'s (BVMF:CSAN3) 18% Return On Equity?
Jul 08Financial Position Analysis
Short Term Liabilities: CSAN3's short term assets (R$31.7B) exceed its short term liabilities (R$17.7B).
Long Term Liabilities: CSAN3's short term assets (R$31.7B) do not cover its long term liabilities (R$74.4B).
Debt to Equity History and Analysis
Debt Level: CSAN3's net debt to equity ratio (78.9%) is considered high.
Reducing Debt: CSAN3's debt to equity ratio has increased from 104% to 118.8% over the past 5 years.
Debt Coverage: CSAN3's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: CSAN3's interest payments on its debt are well covered by EBIT (6.5x coverage).