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$3.2B and total debt of R$271.4M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are R$4.1B and R$919.2M respectively. Cia de Ferro Ligas da Bahia - FERBASA's EBIT is R$236.4M making its interest coverage ratio -1.7. It has cash and short-term investments of R$805.1M.
Key information
8.5%
Debt to equity ratio
R$271.39m
Debt
Interest coverage ratio | -1.7x |
Cash | R$805.09m |
Equity | R$3.19b |
Total liabilities | R$919.21m |
Total assets | R$4.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FESA4's short term assets (R$1.6B) exceed its short term liabilities (R$499.1M).
Long Term Liabilities: FESA4's short term assets (R$1.6B) exceed its long term liabilities (R$420.1M).
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 22.7% to 8.5% over the past 5 years.
Debt Coverage: FESA4's debt is well covered by operating cash flow (175.6%).
Interest Coverage: FESA4 earns more interest than it pays, so coverage of interest payments is not a concern.