Marfrig Global Foods Balance Sheet Health
Financial Health criteria checks 2/6
Marfrig Global Foods has a total shareholder equity of R$23.2B and total debt of R$54.3B, which brings its debt-to-equity ratio to 233.9%. Its total assets and total liabilities are R$134.9B and R$111.7B respectively. Marfrig Global Foods's EBIT is R$5.3B making its interest coverage ratio 0.4. It has cash and short-term investments of R$19.8B.
Key information
233.9%
Debt to equity ratio
R$54.26b
Debt
| Interest coverage ratio | 0.4x |
| Cash | R$19.84b |
| Equity | R$23.20b |
| Total liabilities | R$111.66b |
| Total assets | R$134.86b |
Recent financial health updates
These 4 Measures Indicate That Marfrig Global Foods (BVMF:MRFG3) Is Using Debt Extensively
Nov 15
Marfrig Global Foods (BVMF:MRFG3) Seems To Be Using A Lot Of Debt
Aug 05Is Marfrig Global Foods (BVMF:MRFG3) Using Too Much Debt?
Jan 29Is Marfrig Global Foods (BVMF:MRFG3) Using Debt In A Risky Way?
Sep 26Marfrig Global Foods (BVMF:MRFG3) Seems To Be Using A Lot Of Debt
Jun 27Marfrig Global Foods (BVMF:MRFG3) Use Of Debt Could Be Considered Risky
Mar 07Recent updates
These 4 Measures Indicate That Marfrig Global Foods (BVMF:MRFG3) Is Using Debt Extensively
Nov 15Marfrig Global Foods (BVMF:MRFG3) Seems To Be Using A Lot Of Debt
Aug 05Is Marfrig Global Foods S.A. (BVMF:MRFG3) Potentially Undervalued?
Jun 03Is Marfrig Global Foods (BVMF:MRFG3) Using Too Much Debt?
Jan 29Is Marfrig Global Foods (BVMF:MRFG3) Using Debt In A Risky Way?
Sep 26Marfrig Global Foods (BVMF:MRFG3) Seems To Be Using A Lot Of Debt
Jun 27Marfrig Global Foods (BVMF:MRFG3) Use Of Debt Could Be Considered Risky
Mar 07Is Marfrig Global Foods S.A. (BVMF:MRFG3) Potentially Undervalued?
Nov 06Does Marfrig Global Foods (BVMF:MRFG3) Have A Healthy Balance Sheet?
Oct 19If EPS Growth Is Important To You, Marfrig Global Foods (BVMF:MRFG3) Presents An Opportunity
Sep 01These 4 Measures Indicate That Marfrig Global Foods (BVMF:MRFG3) Is Using Debt Extensively
Jun 26We Think Marfrig Global Foods (BVMF:MRFG3) Is Taking Some Risk With Its Debt
Mar 28Should You Be Adding Marfrig Global Foods (BVMF:MRFG3) To Your Watchlist Today?
Feb 21Here's Why Marfrig Global Foods (BVMF:MRFG3) Can Manage Its Debt Responsibly
Dec 14Should You Be Adding Marfrig Global Foods (BVMF:MRFG3) To Your Watchlist Today?
Nov 23Statutory Profit Doesn't Reflect How Good Marfrig Global Foods' (BVMF:MRFG3) Earnings Are
Nov 02Marfrig Global Foods (BVMF:MRFG3) Takes On Some Risk With Its Use Of Debt
Sep 08There's No Escaping Marfrig Global Foods S.A.'s (BVMF:MRFG3) Muted Earnings
Aug 15Marfrig Global Foods S.A. (BVMF:MRFG3) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Aug 15Does Marfrig Global Foods (BVMF:MRFG3) Deserve A Spot On Your Watchlist?
Jul 23Financial Position Analysis
Short Term Liabilities: MRFG3's short term assets (R$54.6B) exceed its short term liabilities (R$44.5B).
Long Term Liabilities: MRFG3's short term assets (R$54.6B) do not cover its long term liabilities (R$67.2B).
Debt to Equity History and Analysis
Debt Level: MRFG3's net debt to equity ratio (148.4%) is considered high.
Reducing Debt: MRFG3's debt to equity ratio has reduced from 462.5% to 233.9% over the past 5 years.
Debt Coverage: MRFG3's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: MRFG3's interest payments on its debt are not well covered by EBIT (0.4x coverage).