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: FESA4's short term assets (R$1.8B) exceed its short term liabilities (R$557.5M).
Long Term Liabilities: FESA4's short term assets (R$1.8B) exceed its long term liabilities (R$398.6M).
Debt to Equity History and Analysis
Debt Level: FESA4 has more cash than its total debt.
Reducing Debt: FESA4's debt to equity ratio has reduced from 27% to 9% over the past 5 years.
Debt Coverage: FESA4's debt is well covered by operating cash flow (60.7%).
Interest Coverage: FESA4 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 02:31 |
| 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
Cia de Ferro Ligas da Bahia S.A. - FERBASA is covered by 7 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 |
|---|---|
| null RESEARCH DEPARTMENT | Caixa Geral de Depositos (CGD) Securities |
| Tasso Vasconcellos | Eleven Financial Research |
| Artur de Almeida Losnak | Fator Corretora |