Neogrid Participações Balance Sheet Health
Financial Health criteria checks 5/6
Neogrid Participações has a total shareholder equity of R$449.9M and total debt of R$10.9M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are R$650.8M and R$200.9M respectively.
Key information
2.4%
Debt to equity ratio
R$10.92m
Debt
| Interest coverage ratio | n/a |
| Cash | R$177.33m |
| Equity | R$449.94m |
| Total liabilities | R$200.86m |
| Total assets | R$650.80m |
Recent financial health updates
No updates
Recent updates
Be Wary Of Neogrid Participações (BVMF:NGRD3) And Its Returns On Capital
Apr 12
Returns On Capital Signal Tricky Times Ahead For Neogrid Participações (BVMF:NGRD3)
Oct 04Neogrid Participações' (BVMF:NGRD3) Returns On Capital Not Reflecting Well On The Business
Jul 01Neogrid Participações' (BVMF:NGRD3) Returns On Capital Not Reflecting Well On The Business
Mar 29With Neogrid Participações S.A. (BVMF:NGRD3) It Looks Like You'll Get What You Pay For
Aug 01Neogrid Participações' (BVMF:NGRD3) Robust Earnings Are Supported By Other Strong Factors
Apr 05Do Institutions Own Neogrid Participações S.A. (BVMF:NGRD3) Shares?
Mar 17Financial Position Analysis
Short Term Liabilities: NGRD3's short term assets (R$257.8M) exceed its short term liabilities (R$76.0M).
Long Term Liabilities: NGRD3's short term assets (R$257.8M) exceed its long term liabilities (R$124.8M).
Debt to Equity History and Analysis
Debt Level: NGRD3 has more cash than its total debt.
Reducing Debt: NGRD3's debt to equity ratio has reduced from 29.9% to 2.4% over the past 5 years.
Debt Coverage: NGRD3's debt is well covered by operating cash flow (57.3%).
Interest Coverage: Insufficient data to determine if NGRD3's interest payments on its debt are well covered by EBIT.