Electro Aço Altona Balance Sheet Health
Financial Health criteria checks 6/6
Electro Aço Altona has a total shareholder equity of R$279.6M and total debt of R$118.6M, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are R$616.2M and R$336.6M respectively. Electro Aço Altona's EBIT is R$87.0M making its interest coverage ratio 18. It has cash and short-term investments of R$15.0M.
Key information
42.4%
Debt to equity ratio
R$118.65m
Debt
| Interest coverage ratio | 18x |
| Cash | R$14.96m |
| Equity | R$279.59m |
| Total liabilities | R$336.56m |
| Total assets | R$616.16m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: EALT3's short term assets (R$273.9M) exceed its short term liabilities (R$235.0M).
Long Term Liabilities: EALT3's short term assets (R$273.9M) exceed its long term liabilities (R$101.5M).
Debt to Equity History and Analysis
Debt Level: EALT3's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: EALT3's debt to equity ratio has reduced from 46.5% to 42.4% over the past 5 years.
Debt Coverage: EALT3's debt is well covered by operating cash flow (58.5%).
Interest Coverage: EALT3's interest payments on its debt are well covered by EBIT (18x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 07:47 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Electro Aço Altona S.A. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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