Brisanet Participações Balance Sheet Health
Financial Health criteria checks 4/6
Brisanet Participações has a total shareholder equity of R$1.5B and total debt of R$1.2B, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are R$3.2B and R$1.7B respectively. Brisanet Participações's EBIT is R$261.8M making its interest coverage ratio 4.1. It has cash and short-term investments of R$504.1M.
Key information
79.5%
Debt to equity ratio
R$1.20b
Debt
| Interest coverage ratio | 4.1x |
| Cash | R$504.09m |
| Equity | R$1.51b |
| Total liabilities | R$1.69b |
| Total assets | R$3.20b |
Recent financial health updates
Recent updates
Capital Allocation Trends At Brisanet Participações (BVMF:BRIT3) Aren't Ideal
Apr 16
Optimistic Investors Push Brisanet Participações S.A. (BVMF:BRIT3) Shares Up 26% But Growth Is Lacking
Mar 27Analysts Have Lowered Expectations For Brisanet Participações S.A. (BVMF:BRIT3) After Its Latest Results
Mar 24Is Brisanet Participações (BVMF:BRIT3) Using Too Much Debt?
Feb 22Brisanet Participações (BVMF:BRIT3) Will Be Hoping To Turn Its Returns On Capital Around
Jan 06There Are Reasons To Feel Uneasy About Brisanet Participações' (BVMF:BRIT3) Returns On Capital
Sep 28Brisanet Participações (BVMF:BRIT3) Might Be Having Difficulty Using Its Capital Effectively
May 12Brisanet Participações (BVMF:BRIT3) Could Be Struggling To Allocate Capital
Jan 04Brisanet Participações (BVMF:BRIT3) May Have Issues Allocating Its Capital
Aug 02Brisanet Participações S.A.'s (BVMF:BRIT3) 30% Share Price Plunge Could Signal Some Risk
May 26Brisanet Participações S.A. Just Missed Earnings - But Analysts Have Updated Their Models
May 15Brisanet Participações' (BVMF:BRIT3) Anemic Earnings Might Be Worse Than You Think
Nov 21Financial Position Analysis
Short Term Liabilities: BRIT3's short term assets (R$721.9M) exceed its short term liabilities (R$372.9M).
Long Term Liabilities: BRIT3's short term assets (R$721.9M) do not cover its long term liabilities (R$1.3B).
Debt to Equity History and Analysis
Debt Level: BRIT3's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: BRIT3's debt to equity ratio has reduced from 224.6% to 79.5% over the past 5 years.
Debt Coverage: BRIT3's debt is well covered by operating cash flow (43.1%).
Interest Coverage: BRIT3's interest payments on its debt are well covered by EBIT (4.1x coverage).