Petroreconcavo Balance Sheet Health
Financial Health criteria checks 5/6
Petroreconcavo has a total shareholder equity of R$4.6B and total debt of R$1.7B, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are R$7.7B and R$3.1B respectively. Petroreconcavo's EBIT is R$784.9M making its interest coverage ratio 9.1. It has cash and short-term investments of R$1.5B.
Key information
37.5%
Debt to equity ratio
R$1.72b
Debt
| Interest coverage ratio | 9.1x |
| Cash | R$1.50b |
| Equity | R$4.57b |
| Total liabilities | R$3.13b |
| Total assets | R$7.71b |
Recent financial health updates
We Think Petroreconcavo (BVMF:RECV3) Is Taking Some Risk With Its Debt
Oct 20
Petroreconcavo (BVMF:RECV3) Takes On Some Risk With Its Use Of Debt
Jun 01We Think Petroreconcavo (BVMF:RECV3) Is Taking Some Risk With Its Debt
Feb 06Recent updates
We Think Petroreconcavo (BVMF:RECV3) Is Taking Some Risk With Its Debt
Oct 20Petroreconcavo's (BVMF:RECV3) Anemic Earnings Might Be Worse Than You Think
Aug 16Petroreconcavo S.A.'s (BVMF:RECV3) Subdued P/E Might Signal An Opportunity
Aug 03Petroreconcavo (BVMF:RECV3) Takes On Some Risk With Its Use Of Debt
Jun 01Petroreconcavo S.A. Just Missed Earnings - But Analysts Have Updated Their Models
Mar 23Petroreconcavo S.A. Just Missed EPS By 5.6%: Here's What Analysts Think Will Happen Next
Mar 08Petroreconcavo S.A.'s (BVMF:RECV3) Prospects Need A Boost To Lift Shares
Mar 07We Think Petroreconcavo (BVMF:RECV3) Is Taking Some Risk With Its Debt
Feb 06Slowing Rates Of Return At Petroreconcavo (BVMF:RECV3) Leave Little Room For Excitement
Dec 14Petroreconcavo (BVMF:RECV3) Is Looking To Continue Growing Its Returns On Capital
Sep 07Petroreconcavo (BVMF:RECV3) Could Become A Multi-Bagger
May 05Results: Petroreconcavo S.A. Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 25Here's Why We Think Petroreconcavo (BVMF:RECV3) Might Deserve Your Attention Today
Mar 08Under The Bonnet, Petroreconcavo's (BVMF:RECV3) Returns Look Impressive
Feb 02Fewer Investors Than Expected Jumping On Petroreconcavo S.A. (BVMF:RECV3)
Dec 16Returns On Capital Are Showing Encouraging Signs At Petroreconcavo (BVMF:RECV3)
Nov 03We Ran A Stock Scan For Earnings Growth And Petroreconcavo (BVMF:RECV3) Passed With Ease
Oct 11Here's Why Petroreconcavo (BVMF:RECV3) Has Caught The Eye Of Investors
Jul 01Need To Know: Analysts Are Much More Bullish On Petroreconcavo S.A. (BVMF:RECV3) Revenues
May 14Financial Position Analysis
Short Term Liabilities: RECV3's short term assets (R$2.0B) exceed its short term liabilities (R$1.0B).
Long Term Liabilities: RECV3's short term assets (R$2.0B) do not cover its long term liabilities (R$2.1B).
Debt to Equity History and Analysis
Debt Level: RECV3's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: RECV3's debt to equity ratio has reduced from 67.6% to 37.5% over the past 5 years.
Debt Coverage: RECV3's debt is well covered by operating cash flow (111.8%).
Interest Coverage: RECV3's interest payments on its debt are well covered by EBIT (9.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 13:55 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Petroreconcavo S.A. is covered by 16 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Leonardo Marcondes | BofA Global Research |
| Vicente Falanga Neto | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |
| Pedro Soares | BTG Pactual |