Desktop Balance Sheet Health
Financial Health criteria checks 1/6
Desktop has a total shareholder equity of R$1.3B and total debt of R$1.8B, which brings its debt-to-equity ratio to 134.8%. Its total assets and total liabilities are R$4.0B and R$2.6B respectively. Desktop's EBIT is R$356.0M making its interest coverage ratio 2.2. It has cash and short-term investments of R$939.2M.
Key information
134.8%
Debt to equity ratio
R$1.82b
Debt
| Interest coverage ratio | 2.2x |
| Cash | R$939.24m |
| Equity | R$1.35b |
| Total liabilities | R$2.63b |
| Total assets | R$3.97b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Desktop S.A.'s (BVMF:DESK3) P/E
May 28
Investors Shouldn't Be Too Comfortable With Desktop's (BVMF:DESK3) Earnings
Mar 26Should You Be Adding Desktop (BVMF:DESK3) To Your Watchlist Today?
Sep 18Desktop (BVMF:DESK3) Is Reinvesting At Lower Rates Of Return
Jun 06Desktop (BVMF:DESK3) Could Be Struggling To Allocate Capital
Jan 11There Are Reasons To Feel Uneasy About Desktop's (BVMF:DESK3) Returns On Capital
Sep 29Need To Know: The Consensus Just Cut Its Desktop S.A. (BVMF:DESK3) Estimates For 2022
Jul 29Need To Know: Analysts Are Much More Bullish On Desktop S.A. (BVMF:DESK3)
Apr 02Desktop - Sigmanet Comunicação Multimídia S.A.'s (BVMF:DESK3) P/E Is On The Mark
Dec 23Weak Statutory Earnings May Not Tell The Whole Story For Desktop - Sigmanet Comunicação Multimídia (BVMF:DESK3)
Nov 24Financial Position Analysis
Short Term Liabilities: DESK3's short term assets (R$1.2B) exceed its short term liabilities (R$549.8M).
Long Term Liabilities: DESK3's short term assets (R$1.2B) do not cover its long term liabilities (R$2.1B).
Debt to Equity History and Analysis
Debt Level: DESK3's net debt to equity ratio (65.1%) is considered high.
Reducing Debt: DESK3's debt to equity ratio has increased from 65.7% to 134.8% over the past 5 years.
Debt Coverage: DESK3's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: DESK3's interest payments on its debt are not well covered by EBIT (2.2x coverage).