Prio Balance Sheet Health

Financial Health criteria checks 5/6

Prio has a total shareholder equity of R$17.8B and total debt of R$11.2B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are R$37.3B and R$19.5B respectively. Prio's EBIT is R$8.4B making its interest coverage ratio 11.1. It has cash and short-term investments of R$6.4B.

Key information

63.0%

Debt to equity ratio

R$11.20b

Debt

Interest coverage ratio11.1x
CashR$6.45b
EquityR$17.77b
Total liabilitiesR$19.53b
Total assetsR$37.29b

Recent financial health updates

Recent updates

Investors Holding Back On Prio S.A. (BVMF:PRIO3)

Sep 02
Investors Holding Back On Prio S.A. (BVMF:PRIO3)

Prio S.A. Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next

Aug 09
Prio S.A. Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next

Under The Bonnet, Prio's (BVMF:PRIO3) Returns Look Impressive

Jun 20
Under The Bonnet, Prio's (BVMF:PRIO3) Returns Look Impressive

Take Care Before Diving Into The Deep End On Prio S.A. (BVMF:PRIO3)

May 30
Take Care Before Diving Into The Deep End On Prio S.A. (BVMF:PRIO3)

Prio S.A. Just Missed Earnings - But Analysts Have Updated Their Models

May 09
Prio S.A. Just Missed Earnings - But Analysts Have Updated Their Models

Prio (BVMF:PRIO3) Has A Pretty Healthy Balance Sheet

Apr 05
Prio (BVMF:PRIO3) Has A Pretty Healthy Balance Sheet

Prio (BVMF:PRIO3) Strong Profits May Be Masking Some Underlying Issues

Mar 15
Prio (BVMF:PRIO3) Strong Profits May Be Masking Some Underlying Issues

Prio S.A. Recorded A 6.6% Miss On Revenue: Analysts Are Revisiting Their Models

Mar 12
Prio S.A. Recorded A 6.6% Miss On Revenue: Analysts Are Revisiting Their Models

New Forecasts: Here's What Analysts Think The Future Holds For Prio S.A. (BVMF:PRIO3)

Mar 10
New Forecasts: Here's What Analysts Think The Future Holds For Prio S.A. (BVMF:PRIO3)

We Think Prio (BVMF:PRIO3) Might Have The DNA Of A Multi-Bagger

Feb 20
We Think Prio (BVMF:PRIO3) Might Have The DNA Of A Multi-Bagger

Potential Upside For Prio S.A. (BVMF:PRIO3) Not Without Risk

Dec 18
Potential Upside For Prio S.A. (BVMF:PRIO3) Not Without Risk

Does Prio (BVMF:PRIO3) Have A Healthy Balance Sheet?

Nov 27
Does Prio (BVMF:PRIO3) Have A Healthy Balance Sheet?

Prio (BVMF:PRIO3) Is Achieving High Returns On Its Capital

Nov 06
Prio (BVMF:PRIO3) Is Achieving High Returns On Its Capital

Is Prio (BVMF:PRIO3) Using Too Much Debt?

Aug 28
Is Prio (BVMF:PRIO3) Using Too Much Debt?

Prio (BVMF:PRIO3) Could Become A Multi-Bagger

Aug 07
Prio (BVMF:PRIO3) Could Become A Multi-Bagger

We Think Petro Rio (BVMF:PRIO3) Can Stay On Top Of Its Debt

May 30
We Think Petro Rio (BVMF:PRIO3) Can Stay On Top Of Its Debt

Why The 20% Return On Capital At Petro Rio (BVMF:PRIO3) Should Have Your Attention

May 08
Why The 20% Return On Capital At Petro Rio (BVMF:PRIO3) Should Have Your Attention

We Think Petro Rio (BVMF:PRIO3) Can Stay On Top Of Its Debt

Mar 01
We Think Petro Rio (BVMF:PRIO3) Can Stay On Top Of Its Debt

Why You Should Care About Petro Rio's (BVMF:PRIO3) Strong Returns On Capital

Jan 23
Why You Should Care About Petro Rio's (BVMF:PRIO3) Strong Returns On Capital

Does Petro Rio (BVMF:PRIO3) Have A Healthy Balance Sheet?

Dec 01
Does Petro Rio (BVMF:PRIO3) Have A Healthy Balance Sheet?

Petro Rio (BVMF:PRIO3) Could Be Struggling To Allocate Capital

Oct 05
Petro Rio (BVMF:PRIO3) Could Be Struggling To Allocate Capital

Is Petro Rio (BVMF:PRIO3) A Risky Investment?

Aug 18
Is Petro Rio (BVMF:PRIO3) A Risky Investment?

Analysts Just Made An Upgrade To Their Petro Rio S.A. (BVMF:PRIO3) Forecasts

Jul 28
Analysts Just Made An Upgrade To Their Petro Rio S.A. (BVMF:PRIO3) Forecasts

A Look Into Petro Rio's (BVMF:PRIO3) Impressive Returns On Capital

Jun 23
A Look Into Petro Rio's (BVMF:PRIO3) Impressive Returns On Capital

New Forecasts: Here's What Analysts Think The Future Holds For Petro Rio S.A. (BVMF:PRIO3)

Jun 02
New Forecasts: Here's What Analysts Think The Future Holds For Petro Rio S.A. (BVMF:PRIO3)

Growth Investors: Industry Analysts Just Upgraded Their Petro Rio S.A. (BVMF:PRIO3) Revenue Forecasts By 14%

Apr 30
Growth Investors: Industry Analysts Just Upgraded Their Petro Rio S.A. (BVMF:PRIO3) Revenue Forecasts By 14%

We Think Petro Rio (BVMF:PRIO3) Can Stay On Top Of Its Debt

Apr 22
We Think Petro Rio (BVMF:PRIO3) Can Stay On Top Of Its Debt

Earnings Beat: Petro Rio S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 18
Earnings Beat: Petro Rio S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Need To Know: The Consensus Just Cut Its Petro Rio S.A. (BVMF:PRIO3) Estimates For 2022

Feb 17
Need To Know: The Consensus Just Cut Its Petro Rio S.A. (BVMF:PRIO3) Estimates For 2022

Petro Rio (BVMF:PRIO3) Shareholders Will Want The ROCE Trajectory To Continue

Nov 29
Petro Rio (BVMF:PRIO3) Shareholders Will Want The ROCE Trajectory To Continue

Petro Rio (BVMF:PRIO3) Has A Pretty Healthy Balance Sheet

Oct 12
Petro Rio (BVMF:PRIO3) Has A Pretty Healthy Balance Sheet

Petro Rio (BVMF:PRIO3) Is Experiencing Growth In Returns On Capital

Aug 30
Petro Rio (BVMF:PRIO3) Is Experiencing Growth In Returns On Capital

Is Petro Rio (BVMF:PRIO3) Using Too Much Debt?

Jul 14
Is Petro Rio (BVMF:PRIO3) Using Too Much Debt?

We Like These Underlying Return On Capital Trends At Petro Rio (BVMF:PRIO3)

Jun 01
We Like These Underlying Return On Capital Trends At Petro Rio (BVMF:PRIO3)

Is Petro Rio S.A. (BVMF:PRIO3) Popular Amongst Institutions?

Mar 17
Is Petro Rio S.A. (BVMF:PRIO3) Popular Amongst Institutions?

Financial Position Analysis

Short Term Liabilities: PRIO3's short term assets (R$10.5B) exceed its short term liabilities (R$4.5B).

Long Term Liabilities: PRIO3's short term assets (R$10.5B) do not cover its long term liabilities (R$15.0B).


Debt to Equity History and Analysis

Debt Level: PRIO3's net debt to equity ratio (26.7%) is considered satisfactory.

Reducing Debt: PRIO3's debt to equity ratio has reduced from 108.4% to 63% over the past 5 years.

Debt Coverage: PRIO3's debt is well covered by operating cash flow (77.1%).

Interest Coverage: PRIO3's interest payments on its debt are well covered by EBIT (11.1x coverage).


Balance Sheet


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