Cia de Ferro Ligas da Bahia - FERBASA Balance Sheet Health
Financial Health criteria checks 6/6
Cia de Ferro Ligas da Bahia - FERBASA has a total shareholder equity of R$3.4B and total debt of R$305.1M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are R$4.3B and R$956.0M respectively. Cia de Ferro Ligas da Bahia - FERBASA's EBIT is R$101.1M making its interest coverage ratio -1. It has cash and short-term investments of R$830.6M.
Key information
9.0%
Debt to equity ratio
R$305.07m
Debt
| Interest coverage ratio | -1x |
| Cash | R$830.63m |
| Equity | R$3.38b |
| Total liabilities | R$956.03m |
| Total assets | R$4.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FESA3's short term assets (R$1.8B) exceed its short term liabilities (R$557.5M).
Long Term Liabilities: FESA3's short term assets (R$1.8B) exceed its long term liabilities (R$398.6M).
Debt to Equity History and Analysis
Debt Level: FESA3 has more cash than its total debt.
Reducing Debt: FESA3's debt to equity ratio has reduced from 27% to 9% over the past 5 years.
Debt Coverage: FESA3's debt is well covered by operating cash flow (60.7%).
Interest Coverage: FESA3 earns more interest than it pays, so coverage of interest payments is not a concern.