Jalles Machado S/A Balance Sheet Health
Financial Health criteria checks 3/6
Jalles Machado S/A has a total shareholder equity of R$2.1B and total debt of R$2.6B, which brings its debt-to-equity ratio to 122.8%. Its total assets and total liabilities are R$7.4B and R$5.3B respectively. Jalles Machado S/A's EBIT is R$606.0M making its interest coverage ratio 2.2. It has cash and short-term investments of R$1.2B.
Key information
122.8%
Debt to equity ratio
R$2.57b
Debt
| Interest coverage ratio | 2.2x |
| Cash | R$1.20b |
| Equity | R$2.09b |
| Total liabilities | R$5.32b |
| Total assets | R$7.42b |
Recent financial health updates
Recent updates
Does Jalles Machado S/A (BVMF:JALL3) Have A Healthy Balance Sheet?
Nov 14
Some May Be Optimistic About Jalles Machado S/A's (BVMF:JALL3) Earnings
Aug 23We Think That There Are More Issues For Jalles Machado S/A (BVMF:JALL3) Than Just Sluggish Earnings
Feb 22Jalles Machado S/A (BVMF:JALL3) Might Not Be As Mispriced As It Looks After Plunging 26%
Jun 26News Flash: Analysts Just Made A Sizeable Upgrade To Their Jalles Machado S/A (BVMF:JALL3) Forecasts
Aug 06Financial Position Analysis
Short Term Liabilities: JALL3's short term assets (R$2.9B) exceed its short term liabilities (R$937.5M).
Long Term Liabilities: JALL3's short term assets (R$2.9B) do not cover its long term liabilities (R$4.4B).
Debt to Equity History and Analysis
Debt Level: JALL3's net debt to equity ratio (65.2%) is considered high.
Reducing Debt: JALL3's debt to equity ratio has reduced from 234% to 122.8% over the past 5 years.
Debt Coverage: JALL3's debt is well covered by operating cash flow (31%).
Interest Coverage: JALL3's interest payments on its debt are not well covered by EBIT (2.2x coverage).