Melnick Desenvolvimento Imobiliário Balance Sheet Health
Financial Health criteria checks 5/6
Melnick Desenvolvimento Imobiliário has a total shareholder equity of R$1.3B and total debt of R$328.5M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are R$2.4B and R$1.1B respectively. Melnick Desenvolvimento Imobiliário's EBIT is R$104.9M making its interest coverage ratio -1.9. It has cash and short-term investments of R$399.2M.
Key information
24.8%
Debt to equity ratio
R$328.54m
Debt
Interest coverage ratio | -1.9x |
Cash | R$399.18m |
Equity | R$1.32b |
Total liabilities | R$1.10b |
Total assets | R$2.42b |
Recent financial health updates
No updates
Recent updates
We Think Melnick Desenvolvimento Imobiliário's (BVMF:MELK3) Profit Is Only A Baseline For What They Can Achieve
Mar 30Melnick Desenvolvimento Imobiliário S.A.'s (BVMF:MELK3) P/E Still Appears To Be Reasonable
Feb 23Melnick Even Desenvolvimento Imobiliário S.A. (BVMF:MELK3) Has A ROE Of 5.5%
Feb 02Are Melnick Even Desenvolvimento Imobiliário's (BVMF:MELK3) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 29Financial Position Analysis
Short Term Liabilities: MELK3's short term assets (R$2.0B) exceed its short term liabilities (R$685.8M).
Long Term Liabilities: MELK3's short term assets (R$2.0B) exceed its long term liabilities (R$410.8M).
Debt to Equity History and Analysis
Debt Level: MELK3 has more cash than its total debt.
Reducing Debt: MELK3's debt to equity ratio has reduced from 59.8% to 24.8% over the past 5 years.
Debt Coverage: MELK3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MELK3 earns more interest than it pays, so coverage of interest payments is not a concern.