Petróleo Brasileiro - Petrobras Balance Sheet Health
Financial Health criteria checks 4/6
Petróleo Brasileiro - Petrobras has a total shareholder equity of R$395.1B and total debt of R$140.3B, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are R$1,077.8B and R$682.8B respectively. Petróleo Brasileiro - Petrobras's EBIT is R$183.8B making its interest coverage ratio 29.1. It has cash and short-term investments of R$77.8B.
Key information
35.5%
Debt to equity ratio
R$140.32b
Debt
| Interest coverage ratio | 29.1x |
| Cash | R$77.84b |
| Equity | R$395.05b |
| Total liabilities | R$682.80b |
| Total assets | R$1.08t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PETR3's short term assets (R$167.4B) do not cover its short term liabilities (R$178.9B).
Long Term Liabilities: PETR3's short term assets (R$167.4B) do not cover its long term liabilities (R$503.9B).
Debt to Equity History and Analysis
Debt Level: PETR3's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: PETR3's debt to equity ratio has reduced from 88.8% to 35.5% over the past 5 years.
Debt Coverage: PETR3's debt is well covered by operating cash flow (152.5%).
Interest Coverage: PETR3's interest payments on its debt are well covered by EBIT (29.1x coverage).