Panatlântica Balance Sheet Health
Financial Health criteria checks 5/6
Panatlântica has a total shareholder equity of R$840.6M and total debt of R$406.2M, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are R$1.6B and R$724.2M respectively. Panatlântica's EBIT is R$55.7M making its interest coverage ratio 2.4. It has cash and short-term investments of R$433.7M.
Key information
48.3%
Debt to equity ratio
R$406.19m
Debt
Interest coverage ratio | 2.4x |
Cash | R$433.67m |
Equity | R$840.56m |
Total liabilities | R$724.22m |
Total assets | R$1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PATI4's short term assets (R$1.2B) exceed its short term liabilities (R$457.8M).
Long Term Liabilities: PATI4's short term assets (R$1.2B) exceed its long term liabilities (R$266.5M).
Debt to Equity History and Analysis
Debt Level: PATI4 has more cash than its total debt.
Reducing Debt: PATI4's debt to equity ratio has reduced from 71.8% to 48.3% over the past 5 years.
Debt Coverage: PATI4's debt is well covered by operating cash flow (66.8%).
Interest Coverage: PATI4's interest payments on its debt are not well covered by EBIT (2.4x coverage).