BRF Balance Sheet Health
Financial Health criteria checks 3/6
BRF has a total shareholder equity of R$15.6B and total debt of R$20.1B, which brings its debt-to-equity ratio to 128.5%. Its total assets and total liabilities are R$57.3B and R$41.6B respectively. BRF's EBIT is R$595.4M making its interest coverage ratio 0.4. It has cash and short-term investments of R$9.7B.
Key information
128.5%
Debt to equity ratio
R$20.10b
Debt
Interest coverage ratio | 0.4x |
Cash | R$9.71b |
Equity | R$15.64b |
Total liabilities | R$41.63b |
Total assets | R$57.27b |
Recent financial health updates
BRF (BVMF:BRFS3) Has A Somewhat Strained Balance Sheet
Mar 27Is BRF (BVMF:BRFS3) Using Debt In A Risky Way?
Dec 14Is BRF (BVMF:BRFS3) Using Too Much Debt?
Mar 26Recent updates
BRF (BVMF:BRFS3) Has A Somewhat Strained Balance Sheet
Mar 27BRF S.A. (BVMF:BRFS3) Annual Results: Here's What Analysts Are Forecasting For This Year
Feb 29A Piece Of The Puzzle Missing From BRF S.A.'s (BVMF:BRFS3) Share Price
Feb 23Is BRF (BVMF:BRFS3) Using Debt In A Risky Way?
Dec 14At R$10.05, Is BRF S.A. (BVMF:BRFS3) Worth Looking At Closely?
Oct 31Lacklustre Performance Is Driving BRF S.A.'s (BVMF:BRFS3) Low P/S
Aug 31Analyst Estimates: Here's What Brokers Think Of BRF S.A. (BVMF:BRFS3) After Its First-Quarter Report
May 18Is There Now An Opportunity In BRF S.A. (BVMF:BRFS3)?
May 09Is BRF (BVMF:BRFS3) Using Too Much Debt?
Mar 26Is Now The Time To Look At Buying BRF S.A. (BVMF:BRFS3)?
Jan 27Financial Position Analysis
Short Term Liabilities: BRFS3's short term assets (R$26.0B) exceed its short term liabilities (R$19.4B).
Long Term Liabilities: BRFS3's short term assets (R$26.0B) exceed its long term liabilities (R$22.2B).
Debt to Equity History and Analysis
Debt Level: BRFS3's net debt to equity ratio (66.4%) is considered high.
Reducing Debt: BRFS3's debt to equity ratio has reduced from 305.9% to 128.5% over the past 5 years.
Debt Coverage: BRFS3's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: BRFS3's interest payments on its debt are not well covered by EBIT (0.4x coverage).