Minerva Balance Sheet Health
Financial Health criteria checks 2/6
Minerva has a total shareholder equity of R$659.6M and total debt of R$21.6B, which brings its debt-to-equity ratio to 3268.4%. Its total assets and total liabilities are R$28.6B and R$27.9B respectively. Minerva's EBIT is R$2.1B making its interest coverage ratio 1.3. It has cash and short-term investments of R$12.7B.
Key information
1,746.2%
Debt to equity ratio
R$19.42b
Debt
| Interest coverage ratio | 1.9x |
| Cash | R$10.46b |
| Equity | R$1.11b |
| Total liabilities | R$24.79b |
| Total assets | R$25.91b |
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
Is 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 02Here's What To Make Of Minerva's (BVMF:BEEF3) Decelerating Rates Of Return
Mar 23Minerva S.A.'s (BVMF:BEEF3) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Feb 25Can Minerva S.A. (BVMF:BEEF3) Maintain Its Strong Returns?
Feb 10Is Now The Time To Look At Buying Minerva S.A. (BVMF:BEEF3)?
Jan 28
Minerva (BVMF:BEEF3) Seems To Use Debt Quite Sensibly
Jan 15Minerva (BVMF:BEEF3) Could Be A Buy For Its Upcoming Dividend
Dec 31Minerva's (BVMF:BEEF3) Stock Price Has Reduced 20% In The Past Year
Dec 29Financial Position Analysis
Short Term Liabilities: BEEF3's short term assets (R$18.1B) exceed its short term liabilities (R$9.7B).
Long Term Liabilities: BEEF3's short term assets (R$18.1B) do not cover its long term liabilities (R$18.2B).
Debt to Equity History and Analysis
Debt Level: BEEF3's net debt to equity ratio (1346.1%) 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 (12.5%).
Interest Coverage: BEEF3's interest payments on its debt are not well covered by EBIT (1.3x coverage).