Minerva Balance Sheet Health
Financial Health criteria checks 3/6
Minerva has a total shareholder equity of R$1.3B and total debt of R$25.7B, which brings its debt-to-equity ratio to 1923.9%. Its total assets and total liabilities are R$36.0B and R$34.6B respectively. Minerva's EBIT is R$2.2B making its interest coverage ratio 1.2. It has cash and short-term investments of R$16.8B.
Key information
1,923.9%
Debt to equity ratio
R$25.69b
Debt
| Interest coverage ratio | 1.2x |
| Cash | R$16.82b |
| Equity | R$1.34b |
| Total liabilities | R$34.64b |
| Total assets | R$35.97b |
Recent financial health updates
Minerva (BVMF:BEEF3) Has A Somewhat Strained Balance Sheet
Jun 08
Minerva (BVMF:BEEF3) Has A Pretty Healthy Balance Sheet
Feb 05Is Minerva (BVMF:BEEF3) Using Too Much Debt?
Oct 31Does Minerva (BVMF:BEEF3) Have A Healthy Balance Sheet?
Jul 29These 4 Measures Indicate That Minerva (BVMF:BEEF3) Is Using Debt Extensively
Mar 18Is Minerva (BVMF:BEEF3) A Risky Investment?
Dec 01Recent updates
Minerva S.A. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 10A Piece Of The Puzzle Missing From Minerva S.A.'s (BVMF:BEEF3) 26% Share Price Climb
Aug 28We Think You Can Look Beyond Minerva's (BVMF:BEEF3) Lackluster Earnings
Aug 14Minerva S.A. Just Missed EPS By 35%: Here's What Analysts Think Will Happen Next
Aug 11Is Minerva S.A. (BVMF:BEEF3) Potentially Undervalued?
Jan 29Investors Can Find Comfort In Minerva's (BVMF:BEEF3) Earnings Quality
Dec 18Is Now An Opportune Moment To Examine Minerva S.A. (BVMF:BEEF3)?
Oct 20Minerva's (BVMF:BEEF3) Dividend Will Be Reduced To R$0.1943
Aug 13Minerva (BVMF:BEEF3) Is Experiencing Growth In Returns On Capital
Jul 12Minerva (BVMF:BEEF3) Has A Somewhat Strained Balance Sheet
Jun 08Is Minerva S.A. (BVMF:BEEF3) Potentially Undervalued?
May 24Minerva (BVMF:BEEF3) Has A Pretty Healthy Balance Sheet
Feb 05Minerva (BVMF:BEEF3) Knows How To Allocate Capital Effectively
Dec 30Is Minerva (BVMF:BEEF3) Using Too Much Debt?
Oct 31What Does Minerva S.A.'s (BVMF:BEEF3) Share Price Indicate?
Oct 13Does Minerva (BVMF:BEEF3) Have A Healthy Balance Sheet?
Jul 29At R$14.18, Is Minerva S.A. (BVMF:BEEF3) Worth Looking At Closely?
Jul 07Under The Bonnet, Minerva's (BVMF:BEEF3) Returns Look Impressive
Jun 18Should You Investigate Minerva S.A. (BVMF:BEEF3) At R$13.17?
Apr 05These 4 Measures Indicate That Minerva (BVMF:BEEF3) Is Using Debt Extensively
Mar 18Return Trends At Minerva (BVMF:BEEF3) Aren't Appealing
Feb 22Why Minerva S.A. (BVMF:BEEF3) Could Be Worth Watching
Dec 19Is Minerva (BVMF:BEEF3) A Risky Investment?
Dec 01Returns On Capital At Minerva (BVMF:BEEF3) Have Stalled
Sep 28Is Minerva S.A. (BVMF:BEEF3) Potentially Undervalued?
Aug 05Insufficient Growth At Minerva S.A. (BVMF:BEEF3) Hampers Share Price
May 18Here's Why Minerva (BVMF:BEEF3) Has A Meaningful Debt Burden
May 02Financial Position Analysis
Short Term Liabilities: BEEF3's short term assets (R$24.5B) exceed its short term liabilities (R$12.8B).
Long Term Liabilities: BEEF3's short term assets (R$24.5B) exceed its long term liabilities (R$21.8B).
Debt to Equity History and Analysis
Debt Level: BEEF3's net debt to equity ratio (664.2%) is considered high.
Reducing Debt: BEEF3 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BEEF3's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: BEEF3's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 11:31 |
| End of Day Share Price | 2025/01/17 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Minerva S.A. is covered by 25 analysts. 10 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 |
|---|---|
| Gabriel Vaz de Lima | Barclays |
| Mary Cleia da Silva | BB Banco de Investimento S.A. |
| Isabella Simonato | BofA Global Research |