Braskem Balance Sheet Health
Financial Health criteria checks 0/6
Braskem has a total shareholder equity of R$-1.5B and total debt of R$60.9B, which brings its debt-to-equity ratio to -4078.7%. Its total assets and total liabilities are R$92.7B and R$94.1B respectively. Braskem's EBIT is R$2.2B making its interest coverage ratio 0.7. It has cash and short-term investments of R$14.3B.
Key information
-4,078.7%
Debt to equity ratio
R$60.90b
Debt
| Interest coverage ratio | 0.7x |
| Cash | R$14.34b |
| Equity | -R$1.49b |
| Total liabilities | R$94.14b |
| Total assets | R$92.65b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRKM3 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BRKM3 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: BRKM3 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BRKM3's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BRKM3's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: BRKM3's interest payments on its debt are not well covered by EBIT (0.7x coverage).