Panatlântica Balance Sheet Health
Financial Health criteria checks 6/6
Panatlântica has a total shareholder equity of R$855.4M and total debt of R$404.3M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are R$1.6B and R$740.3M respectively. Panatlântica's EBIT is R$65.4M making its interest coverage ratio 3.5. It has cash and short-term investments of R$357.6M.
Key information
47.3%
Debt to equity ratio
R$404.31m
Debt
Interest coverage ratio | 3.5x |
Cash | R$357.64m |
Equity | R$855.44m |
Total liabilities | R$740.32m |
Total assets | R$1.60b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PATI3's short term assets (R$1.2B) exceed its short term liabilities (R$471.2M).
Long Term Liabilities: PATI3's short term assets (R$1.2B) exceed its long term liabilities (R$269.1M).
Debt to Equity History and Analysis
Debt Level: PATI3's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: PATI3's debt to equity ratio has reduced from 70.8% to 47.3% over the past 5 years.
Debt Coverage: PATI3's debt is well covered by operating cash flow (26.5%).
Interest Coverage: PATI3's interest payments on its debt are well covered by EBIT (3.5x coverage).