Petróleo Brasileiro - Petrobras Balance Sheet Health
Financial Health criteria checks 5/6
Petróleo Brasileiro - Petrobras has a total shareholder equity of R$409.9B and total debt of R$138.6B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are R$1,067.3B and R$657.4B respectively. Petróleo Brasileiro - Petrobras's EBIT is R$188.3B making its interest coverage ratio 29.3. It has cash and short-term investments of R$81.8B.
Key information
33.8%
Debt to equity ratio
R$138.59b
Debt
Interest coverage ratio | 29.3x |
Cash | R$81.76b |
Equity | R$409.92b |
Total liabilities | R$657.37b |
Total assets | R$1.07t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PETR4's short term assets (R$166.0B) exceed its short term liabilities (R$153.9B).
Long Term Liabilities: PETR4's short term assets (R$166.0B) do not cover its long term liabilities (R$503.5B).
Debt to Equity History and Analysis
Debt Level: PETR4's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: PETR4's debt to equity ratio has reduced from 106.3% to 33.8% over the past 5 years.
Debt Coverage: PETR4's debt is well covered by operating cash flow (150.4%).
Interest Coverage: PETR4's interest payments on its debt are well covered by EBIT (29.3x coverage).