Track & Field Co Balance Sheet Health
Financial Health criteria checks 6/6
Track & Field Co has a total shareholder equity of R$413.6M and total debt of R$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are R$682.1M and R$268.5M respectively. Track & Field Co's EBIT is R$147.4M making its interest coverage ratio 27.6. It has cash and short-term investments of R$54.5M.
Key information
0%
Debt to equity ratio
R$0
Debt
Interest coverage ratio | 27.6x |
Cash | R$54.48m |
Equity | R$413.63m |
Total liabilities | R$268.47m |
Total assets | R$682.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFCO4's short term assets (R$502.7M) exceed its short term liabilities (R$177.7M).
Long Term Liabilities: TFCO4's short term assets (R$502.7M) exceed its long term liabilities (R$90.7M).
Debt to Equity History and Analysis
Debt Level: TFCO4 is debt free.
Reducing Debt: TFCO4 had no debt 5 years ago.
Debt Coverage: TFCO4 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TFCO4 has no debt, therefore coverage of interest payments is not a concern.