Magazine Luiza Balance Sheet Health
Financial Health criteria checks 4/6
Magazine Luiza has a total shareholder equity of R$11.1B and total debt of R$4.8B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are R$35.7B and R$24.6B respectively. Magazine Luiza's EBIT is R$1.4B making its interest coverage ratio 1.8. It has cash and short-term investments of R$1.8B.
Key information
43.8%
Debt to equity ratio
R$4.84b
Debt
| Interest coverage ratio | 1.8x |
| Cash | R$1.81b |
| Equity | R$11.06b |
| Total liabilities | R$24.64b |
| Total assets | R$35.70b |
Recent financial health updates
These 4 Measures Indicate That Magazine Luiza (BVMF:MGLU3) Is Using Debt Extensively
Aug 18
Is Magazine Luiza (BVMF:MGLU3) A Risky Investment?
Mar 03These 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 27Recent updates
Solid Earnings Reflect Magazine Luiza's (BVMF:MGLU3) Strength As A Business
Nov 17Magazine Luiza S.A.'s (BVMF:MGLU3) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Sep 24Investors Could Be Concerned With Magazine Luiza's (BVMF:MGLU3) Returns On Capital
Sep 18These 4 Measures Indicate That Magazine Luiza (BVMF:MGLU3) Is Using Debt Extensively
Aug 18Is Now An Opportune Moment To Examine Magazine Luiza S.A. (BVMF:MGLU3)?
Jul 15More Unpleasant Surprises Could Be In Store For Magazine Luiza S.A.'s (BVMF:MGLU3) Shares After Tumbling 26%
Jun 05Some 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 18Financial Position Analysis
Short Term Liabilities: MGLU3's short term assets (R$17.7B) exceed its short term liabilities (R$14.3B).
Long Term Liabilities: MGLU3's short term assets (R$17.7B) exceed its long term liabilities (R$10.3B).
Debt to Equity History and Analysis
Debt Level: MGLU3's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: MGLU3's debt to equity ratio has increased from 35.9% to 43.8% over the past 5 years.
Debt Coverage: MGLU3's debt is well covered by operating cash flow (58.2%).
Interest Coverage: MGLU3's interest payments on its debt are not well covered by EBIT (1.8x coverage).