Neogrid Participações Balance Sheet Health
Financial Health criteria checks 4/6
Neogrid Participações has a total shareholder equity of R$437.7M and total debt of R$8.9M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are R$631.1M and R$193.3M respectively.
Key information
2.0%
Debt to equity ratio
R$8.91m
Debt
| Interest coverage ratio | n/a |
| Cash | R$153.98m |
| Equity | R$437.71m |
| Total liabilities | R$193.35m |
| Total assets | R$631.06m |
Recent financial health updates
Is Neogrid Participações (BVMF:NGRD3) Using Debt In A Risky Way?
Oct 08
Is Neogrid Participações (BVMF:NGRD3) A Risky Investment?
Jul 02Recent updates
Is Neogrid Participações (BVMF:NGRD3) Using Debt In A Risky Way?
Oct 08Neogrid Participações S.A.'s (BVMF:NGRD3) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Jul 16Is Neogrid Participações (BVMF:NGRD3) A Risky Investment?
Jul 02Be Wary Of Neogrid Participações (BVMF:NGRD3) And Its Returns On Capital
Apr 12Returns 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$233.8M) exceed its short term liabilities (R$102.0M).
Long Term Liabilities: NGRD3's short term assets (R$233.8M) exceed its long term liabilities (R$91.4M).
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 70.5% to 2% over the past 5 years.
Debt Coverage: NGRD3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NGRD3's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 09:11 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Neogrid Participações S.A. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Karina Martins | Citigroup Inc |
| Daniel Federle | Credit Suisse |
| Guilherme Corazza | Eleven Financial Research |