Eternit Balance Sheet Health
Financial Health criteria checks 6/6
Eternit has a total shareholder equity of R$794.3M and total debt of R$123.4M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are R$1.3B and R$512.6M respectively. Eternit's EBIT is R$58.4M making its interest coverage ratio 3.6. It has cash and short-term investments of R$17.3M.
Key information
15.5%
Debt to equity ratio
R$123.37m
Debt
| Interest coverage ratio | 3.6x |
| Cash | R$17.35m |
| Equity | R$794.35m |
| Total liabilities | R$512.58m |
| Total assets | R$1.31b |
Recent financial health updates
Does Eternit (BVMF:ETER3) Have A Healthy Balance Sheet?
Oct 03
Does Eternit (BVMF:ETER3) Have A Healthy Balance Sheet?
Jan 21These 4 Measures Indicate That Eternit (BVMF:ETER3) Is Using Debt Reasonably Well
Aug 30Does Eternit (BVMF:ETER3) Have A Healthy Balance Sheet?
May 06Eternit (BVMF:ETER3) Could Easily Take On More Debt
Dec 31Here's Why Eternit (BVMF:ETER3) Can Manage Its Debt Responsibly
Aug 19Recent updates
Eternit S.A.'s (BVMF:ETER3) Price Is Right But Growth Is Lacking
Dec 19Eternit's (BVMF:ETER3) Profits Appear To Have Quality Issues
Nov 12Eternit S.A.'s (BVMF:ETER3) Prospects Need A Boost To Lift Shares
Aug 07Eternit's (BVMF:ETER3) Dividend Will Be Reduced To R$0.0766
Nov 11Does Eternit (BVMF:ETER3) Have A Healthy Balance Sheet?
Oct 03Does Eternit (BVMF:ETER3) Have A Healthy Balance Sheet?
Jan 21These 4 Measures Indicate That Eternit (BVMF:ETER3) Is Using Debt Reasonably Well
Aug 30Does Eternit (BVMF:ETER3) Have A Healthy Balance Sheet?
May 06Eternit (BVMF:ETER3) Could Easily Take On More Debt
Dec 31Is Now The Time To Put Eternit (BVMF:ETER3) On Your Watchlist?
Dec 10Eternit S.A. (BVMF:ETER3) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough
Sep 09Here's Why Eternit (BVMF:ETER3) Can Manage Its Debt Responsibly
Aug 19These 4 Measures Indicate That Eternit (BVMF:ETER3) Is Using Debt Reasonably Well
Apr 01Eternit S.A.'s (BVMF:ETER3) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 06The Eternit (BVMF:ETER3) Share Price Has Gained 111%, So Why Not Pay It Some Attention?
Feb 13The Returns On Capital At Eternit (BVMF:ETER3) Don't Inspire Confidence
Jan 26Here's Why We Don't Think Eternit's (BVMF:ETER3) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 08These 4 Measures Indicate That Eternit (BVMF:ETER3) Is Using Debt Reasonably Well
Dec 21Is Eternit S.A.'s (BVMF:ETER3) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 03Eternit (BVMF:ETER3) Has Debt But No Earnings; Should You Worry?
Aug 18Financial Position Analysis
Short Term Liabilities: ETER3's short term assets (R$569.8M) exceed its short term liabilities (R$278.5M).
Long Term Liabilities: ETER3's short term assets (R$569.8M) exceed its long term liabilities (R$234.1M).
Debt to Equity History and Analysis
Debt Level: ETER3's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: ETER3 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ETER3's debt is well covered by operating cash flow (92.3%).
Interest Coverage: ETER3's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/19 15:26 |
| End of Day Share Price | 2025/01/17 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Eternit S.A. is covered by 6 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 |
|---|---|
| Luis Tavares | BB Banco de Investimento S.A. |
| null null | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |
| Felipe Silveira | Coinvalores Ccvm Ltda. |