Magazine Luiza Balance Sheet Health
Financial Health criteria checks 4/6
Magazine Luiza has a total shareholder equity of R$11.0B and total debt of R$4.5B, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are R$35.0B and R$24.0B respectively. Magazine Luiza's EBIT is R$111.4M making its interest coverage ratio 0.1. It has cash and short-term investments of R$1.9B.
Key information
40.6%
Debt to equity ratio
R$4.46b
Debt
Interest coverage ratio | 0.1x |
Cash | R$1.95b |
Equity | R$10.97b |
Total liabilities | R$24.00b |
Total assets | R$34.98b |
Recent financial health updates
These 4 Measures Indicate That Magazine Luiza (BVMF:MGLU3) Is Using Debt Extensively
Aug 18Is 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
These 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 18Magazine Luiza (BVMF:MGLU3) Has A Somewhat Strained Balance Sheet
Jun 26Magazine Luiza (BVMF:MGLU3) Might Be Having Difficulty Using Its Capital Effectively
May 04Financial Position Analysis
Short Term Liabilities: MGLU3's short term assets (R$17.4B) exceed its short term liabilities (R$13.4B).
Long Term Liabilities: MGLU3's short term assets (R$17.4B) exceed its long term liabilities (R$10.6B).
Debt to Equity History and Analysis
Debt Level: MGLU3's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: MGLU3's debt to equity ratio has increased from 37.4% to 40.6% over the past 5 years.
Debt Coverage: MGLU3's debt is well covered by operating cash flow (75.6%).
Interest Coverage: MGLU3's interest payments on its debt are not well covered by EBIT (0.1x coverage).