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$1.2B, which brings its debt-to-equity ratio to 90.3%. Its total assets and total liabilities are R$3.3B and R$2.0B respectively. Desktop's EBIT is R$328.2M making its interest coverage ratio 1.8. It has cash and short-term investments of R$402.1M.
Key information
90.3%
Debt to equity ratio
R$1.17b
Debt
Interest coverage ratio | 1.8x |
Cash | R$402.14m |
Equity | R$1.29b |
Total liabilities | R$1.96b |
Total assets | R$3.26b |
Recent financial health updates
No updates
Recent updates
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$611.7M) exceed its short term liabilities (R$482.1M).
Long Term Liabilities: DESK3's short term assets (R$611.7M) do not cover its long term liabilities (R$1.5B).
Debt to Equity History and Analysis
Debt Level: DESK3's net debt to equity ratio (59.2%) is considered high.
Reducing Debt: DESK3's debt to equity ratio has increased from 78.1% to 90.3% over the past 5 years.
Debt Coverage: DESK3's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: DESK3's interest payments on its debt are not well covered by EBIT (1.8x coverage).