JOSAPAR Joaquim Oliveira Participações Balance Sheet Health
Financial Health criteria checks 2/6
JOSAPAR Joaquim Oliveira Participações has a total shareholder equity of R$774.1M and total debt of R$1.1B, which brings its debt-to-equity ratio to 146.9%. Its total assets and total liabilities are R$2.2B and R$1.4B respectively. JOSAPAR Joaquim Oliveira Participações's EBIT is R$143.0M making its interest coverage ratio 2.4. It has cash and short-term investments of R$575.3M.
Key information
146.9%
Debt to equity ratio
R$1.14b
Debt
| Interest coverage ratio | 2.4x |
| Cash | R$575.31m |
| Equity | R$774.13m |
| Total liabilities | R$1.44b |
| Total assets | R$2.22b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: JOPA3's short term assets (R$1.6B) exceed its short term liabilities (R$885.1M).
Long Term Liabilities: JOPA3's short term assets (R$1.6B) exceed its long term liabilities (R$558.2M).
Debt to Equity History and Analysis
Debt Level: JOPA3's net debt to equity ratio (72.6%) is considered high.
Reducing Debt: JOPA3's debt to equity ratio has increased from 144.1% to 146.9% over the past 5 years.
Debt Coverage: JOPA3's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: JOPA3's interest payments on its debt are not well covered by EBIT (2.4x coverage).