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$3.3B and total debt of R$305.3M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are R$4.2B and R$904.0M respectively. Cia de Ferro Ligas da Bahia - FERBASA's EBIT is R$79.4M making its interest coverage ratio -0.7. It has cash and short-term investments of R$755.6M.
Key information
9.3%
Debt to equity ratio
R$305.34m
Debt
| Interest coverage ratio | -0.7x |
| Cash | R$755.61m |
| Equity | R$3.27b |
| Total liabilities | R$903.97m |
| Total assets | R$4.18b |
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$455.2M).
Long Term Liabilities: FESA4's short term assets (R$1.6B) exceed its long term liabilities (R$448.7M).
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 21.1% to 9.3% over the past 5 years.
Debt Coverage: FESA4's debt is well covered by operating cash flow (57.6%).
Interest Coverage: FESA4 earns more interest than it pays, so coverage of interest payments is not a concern.