Minerva Balance Sheet Health
Financial Health criteria checks 3/6
Minerva has a total shareholder equity of R$517.6M and total debt of R$24.8B, which brings its debt-to-equity ratio to 4790.4%. Its total assets and total liabilities are R$32.6B and R$32.1B respectively. Minerva's EBIT is R$2.1B making its interest coverage ratio 1.5. It has cash and short-term investments of R$15.8B.
Key information
4,790.4%
Debt to equity ratio
R$24.79b
Debt
Interest coverage ratio | 1.5x |
Cash | R$15.80b |
Equity | R$517.58m |
Total liabilities | R$32.05b |
Total assets | R$32.57b |
Recent financial health updates
Minerva (BVMF:BEEF3) Has A Somewhat Strained Balance Sheet
Jun 08Minerva (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 28Minerva (BVMF:BEEF3) Seems To Use Debt Quite Sensibly
Jan 15Financial Position Analysis
Short Term Liabilities: BEEF3's short term assets (R$21.7B) exceed its short term liabilities (R$10.8B).
Long Term Liabilities: BEEF3's short term assets (R$21.7B) exceed its long term liabilities (R$21.3B).
Debt to Equity History and Analysis
Debt Level: BEEF3's net debt to equity ratio (1737.9%) 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 (16.4%).
Interest Coverage: BEEF3's interest payments on its debt are not well covered by EBIT (1.5x coverage).