Magazine Luiza Balance Sheet Health
Financial Health criteria checks 3/6
Magazine Luiza has a total shareholder equity of R$9.6B and total debt of R$7.4B, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are R$37.5B and R$27.8B respectively.
Key information
76.5%
Debt to equity ratio
R$7.35b
Debt
| Interest coverage ratio | n/a |
| Cash | R$3.37b |
| Equity | R$9.61b |
| Total liabilities | R$27.84b |
| Total assets | R$37.46b |
Recent financial health updates
Is Magazine Luiza (BVMF:MGLU3) A Risky Investment?
Mar 03
These 4 Measures Indicate That Magazine Luiza (BVMF:MGLU3) Is Using Debt Extensively
Nov 14Magazine Luiza (BVMF:MGLU3) Takes On Some Risk With Its Use Of Debt
Aug 08Is Magazine Luiza (BVMF:MGLU3) Using Too Much Debt?
May 03Does Magazine Luiza (BVMF:MGLU3) Have A Healthy Balance Sheet?
Nov 27Magazine Luiza (BVMF:MGLU3) Seems To Be Using A Lot Of Debt
Aug 01Recent updates
Some Magazine Luiza S.A. (BVMF:MGLU3) Shareholders Look For Exit As Shares Take 28% Pounding
Apr 18Is Magazine Luiza (BVMF:MGLU3) A Risky Investment?
Mar 03Be Wary Of Magazine Luiza (BVMF:MGLU3) And Its Returns On Capital
Feb 10Pinning Down Magazine Luiza S.A.'s (BVMF:MGLU3) P/S Is Difficult Right Now
Dec 28Is It Time To Consider Buying Magazine Luiza S.A. (BVMF:MGLU3)?
Dec 07These 4 Measures Indicate That Magazine Luiza (BVMF:MGLU3) Is Using Debt Extensively
Nov 14Magazine Luiza (BVMF:MGLU3) Will Be Hoping To Turn Its Returns On Capital Around
Oct 22Magazine Luiza (BVMF:MGLU3) Takes On Some Risk With Its Use Of Debt
Aug 08There Are Reasons To Feel Uneasy About Magazine Luiza's (BVMF:MGLU3) Returns On Capital
Jul 17Is Magazine Luiza (BVMF:MGLU3) Using Too Much Debt?
May 03Returns On Capital At Magazine Luiza (BVMF:MGLU3) Paint A Concerning Picture
Apr 07Magazine Luiza (BVMF:MGLU3) Is Reinvesting At Lower Rates Of Return
Dec 24Does Magazine Luiza (BVMF:MGLU3) Have A Healthy Balance Sheet?
Nov 27Should You Think About Buying Magazine Luiza S.A. (BVMF:MGLU3) Now?
Aug 28Magazine Luiza (BVMF:MGLU3) Seems To Be Using A Lot Of Debt
Aug 01Magazine Luiza's (BVMF:MGLU3) Returns On Capital Not Reflecting Well On The Business
Jun 20When Should You Buy Magazine Luiza S.A. (BVMF:MGLU3)?
May 09Is Magazine Luiza (BVMF:MGLU3) Using Too Much Debt?
Jan 21Is Now An Opportune Moment To Examine Magazine Luiza S.A. (BVMF:MGLU3)?
Jan 03Is Magazine Luiza (BVMF:MGLU3) A Risky Investment?
Oct 10The Returns On Capital At Magazine Luiza (BVMF:MGLU3) Don't Inspire Confidence
Aug 18Magazine Luiza (BVMF:MGLU3) Has A Somewhat Strained Balance Sheet
Jun 26Magazine Luiza (BVMF:MGLU3) Might Be Having Difficulty Using Its Capital Effectively
May 04Magazine Luiza (BVMF:MGLU3) Takes On Some Risk With Its Use Of Debt
Mar 07Here's Why We Don't Think Magazine Luiza's (BVMF:MGLU3) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 08
Here's What To Make Of Magazine Luiza's (BVMF:MGLU3) Returns On Capital
Jan 18What Kind Of Shareholders Hold The Majority In Magazine Luiza S.A.'s (BVMF:MGLU3) Shares?
Dec 25Financial Position Analysis
Short Term Liabilities: MGLU3's short term assets (R$20.2B) exceed its short term liabilities (R$17.4B).
Long Term Liabilities: MGLU3's short term assets (R$20.2B) exceed its long term liabilities (R$10.4B).
Debt to Equity History and Analysis
Debt Level: MGLU3's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: MGLU3's debt to equity ratio has increased from 19.8% to 76.5% over the past 5 years.
Debt Coverage: MGLU3's debt is well covered by operating cash flow (45.6%).
Interest Coverage: Insufficient data to determine if MGLU3's interest payments on its debt are well covered by EBIT.