IRB-Brasil Resseguros Balance Sheet Health
Financial Health criteria checks 3/6
IRB-Brasil Resseguros has a total shareholder equity of R$4.8B and total debt of R$489.9M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are R$16.0B and R$11.2B respectively. IRB-Brasil Resseguros's EBIT is R$1.0B making its interest coverage ratio 2.1. It has cash and short-term investments of R$3.4B.
Key information
10.2%
Debt to equity ratio
R$489.92m
Debt
| Interest coverage ratio | 2.1x |
| Cash | R$3.40b |
| Equity | R$4.79b |
| Total liabilities | R$11.22b |
| Total assets | R$16.01b |
Recent financial health updates
Recent updates
IRB-Brasil Resseguros S.A.'s (BVMF:IRBR3) Shares Bounce 31% But Its Business Still Trails The Industry
Aug 16
IRB-Brasil Resseguros S.A.'s (BVMF:IRBR3) Price Is Right But Growth Is Lacking
May 23IRB-Brasil Resseguros S.A. (BVMF:IRBR3) Analysts Just Cut Their EPS Forecasts Substantially
Sep 06What Is The Ownership Structure Like For IRB-Brasil Resseguros S.A. (BVMF:IRBR3)?
Feb 11IRB-Brasil Resseguros S.A.'s (BVMF:IRBR3) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 04
IRB-Brasil Resseguros (BVMF:IRBR3) Share Prices Have Dropped 80% In The Last Year
Dec 09IRB-Brasil Resseguros S.A.'s (BVMF:IRBR3) Shares Lagging The Market But So Is The Business
Jul 29How Much Of IRB-Brasil Resseguros S.A. (BVMF:IRBR3) Do Institutions Own?
Jul 15Financial Position Analysis
Short Term Liabilities: IRBR3's short term assets (R$5.0B) exceed its short term liabilities (R$4.2B).
Long Term Liabilities: IRBR3's short term assets (R$5.0B) do not cover its long term liabilities (R$7.1B).
Debt to Equity History and Analysis
Debt Level: IRBR3 has more cash than its total debt.
Reducing Debt: IRBR3's debt to equity ratio has increased from 0% to 10.2% over the past 5 years.
Debt Coverage: IRBR3's debt is well covered by operating cash flow (143.5%).
Interest Coverage: IRBR3's interest payments on its debt are not well covered by EBIT (2.1x coverage).