Petroreconcavo Balance Sheet Health
Financial Health criteria checks 4/6
Petroreconcavo has a total shareholder equity of R$4.5B and total debt of R$903.0M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are R$6.8B and R$2.3B respectively. Petroreconcavo's EBIT is R$679.8M making its interest coverage ratio 25.3. It has cash and short-term investments of R$507.4M.
Key information
20.0%
Debt to equity ratio
R$902.98m
Debt
| Interest coverage ratio | 25.3x |
| Cash | R$507.36m |
| Equity | R$4.52b |
| Total liabilities | R$2.31b |
| Total assets | R$6.83b |
Recent financial health updates
Recent updates
Petroreconcavo S.A. Just Missed Earnings - But Analysts Have Updated Their Models
Mar 23
Petroreconcavo 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$1.1B) exceed its short term liabilities (R$1.1B).
Long Term Liabilities: RECV3's short term assets (R$1.1B) do not cover its long term liabilities (R$1.2B).
Debt to Equity History and Analysis
Debt Level: RECV3's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: RECV3's debt to equity ratio has increased from 1.3% to 20% over the past 5 years.
Debt Coverage: RECV3's debt is well covered by operating cash flow (154.1%).
Interest Coverage: RECV3's interest payments on its debt are well covered by EBIT (25.3x coverage).