Padtec Holding Balance Sheet Health
Financial Health criteria checks 2/6
Padtec Holding has a total shareholder equity of R$139.0M and total debt of R$153.2M, which brings its debt-to-equity ratio to 110.2%. Its total assets and total liabilities are R$525.7M and R$386.7M respectively. Padtec Holding's EBIT is R$15.8M making its interest coverage ratio 2.2. It has cash and short-term investments of R$34.0M.
Key information
110.2%
Debt to equity ratio
R$153.24m
Debt
| Interest coverage ratio | 2.2x |
| Cash | R$34.05m |
| Equity | R$139.02m |
| Total liabilities | R$386.73m |
| Total assets | R$525.75m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PDTC3's short term assets (R$375.6M) exceed its short term liabilities (R$173.4M).
Long Term Liabilities: PDTC3's short term assets (R$375.6M) exceed its long term liabilities (R$213.4M).
Debt to Equity History and Analysis
Debt Level: PDTC3's net debt to equity ratio (85.7%) is considered high.
Reducing Debt: PDTC3's debt to equity ratio has increased from 0% to 110.2% over the past 5 years.
Debt Coverage: PDTC3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PDTC3's interest payments on its debt are not well covered by EBIT (2.2x coverage).