Localiza Rent a Car Balance Sheet Health
Financial Health criteria checks 1/6
Localiza Rent a Car has a total shareholder equity of R$25.4B and total debt of R$41.2B, which brings its debt-to-equity ratio to 162.4%. Its total assets and total liabilities are R$80.9B and R$55.5B respectively. Localiza Rent a Car's EBIT is R$6.1B making its interest coverage ratio 1.5. It has cash and short-term investments of R$10.3B.
Key information
162.4%
Debt to equity ratio
R$41.24b
Debt
| Interest coverage ratio | 1.5x |
| Cash | R$10.32b |
| Equity | R$25.40b |
| Total liabilities | R$55.55b |
| Total assets | R$80.95b |
Recent financial health updates
Here's Why Localiza Rent a Car (BVMF:RENT3) Has A Meaningful Debt Burden
May 08
We Think Localiza Rent a Car (BVMF:RENT3) Is Taking Some Risk With Its Debt
Jan 09Is Localiza Rent a Car (BVMF:RENT3) Using Too Much Debt?
Aug 16Localiza Rent a Car (BVMF:RENT3) Has A Somewhat Strained Balance Sheet
May 15Here's Why Localiza Rent a Car (BVMF:RENT3) Has A Meaningful Debt Burden
Feb 13Is Localiza Rent a Car (BVMF:RENT3) A Risky Investment?
Oct 19Recent updates
Here's Why Localiza Rent a Car (BVMF:RENT3) Has A Meaningful Debt Burden
May 08Is It Time To Consider Buying Localiza Rent a Car S.A. (BVMF:RENT3)?
Apr 19Localiza Rent a Car's (BVMF:RENT3) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 18Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Full-Year Results And Analysts Are Updating Their Estimates
Mar 15Investors Still Waiting For A Pull Back In Localiza Rent a Car S.A. (BVMF:RENT3)
Feb 14We Think Localiza Rent a Car (BVMF:RENT3) Is Taking Some Risk With Its Debt
Jan 09Is It Too Late To Consider Buying Localiza Rent a Car S.A. (BVMF:RENT3)?
Dec 22Is Localiza Rent a Car (BVMF:RENT3) Using Too Much Debt?
Aug 16Localiza Rent a Car (BVMF:RENT3) Has A Somewhat Strained Balance Sheet
May 15Here's Why Localiza Rent a Car (BVMF:RENT3) Has A Meaningful Debt Burden
Feb 13Is Localiza Rent a Car (BVMF:RENT3) A Risky Investment?
Oct 19What Is Localiza Rent a Car S.A.'s (BVMF:RENT3) Share Price Doing?
Sep 28Here's Why Localiza Rent a Car (BVMF:RENT3) Can Manage Its Debt Responsibly
Jul 15When Should You Buy Localiza Rent a Car S.A. (BVMF:RENT3)?
Jun 24We Think Localiza Rent a Car (BVMF:RENT3) Can Stay On Top Of Its Debt
Apr 12Why Localiza Rent a Car S.A. (BVMF:RENT3) Could Be Worth Watching
Mar 25With EPS Growth And More, Localiza Rent a Car (BVMF:RENT3) Is Interesting
Feb 15We Think Localiza Rent a Car (BVMF:RENT3) Can Stay On Top Of Its Debt
Dec 29Is There Now An Opportunity In Localiza Rent a Car S.A. (BVMF:RENT3)?
Dec 14Does Localiza Rent a Car (BVMF:RENT3) Deserve A Spot On Your Watchlist?
Nov 12Localiza Rent a Car (BVMF:RENT3) Has A Pretty Healthy Balance Sheet
Sep 28What Does Localiza Rent a Car S.A.'s (BVMF:RENT3) Share Price Indicate?
Sep 09Is Now The Time To Put Localiza Rent a Car (BVMF:RENT3) On Your Watchlist?
Aug 10We Think Localiza Rent a Car (BVMF:RENT3) Can Stay On Top Of Its Debt
Jun 25At R$66.72, Is It Time To Put Localiza Rent a Car S.A. (BVMF:RENT3) On Your Watch List?
Jun 09Why Localiza Rent a Car S.A. (BVMF:RENT3) Is A Dividend Rockstar
May 10Should You Be Adding Localiza Rent a Car (BVMF:RENT3) To Your Watchlist Today?
Mar 17Shareholders of Localiza Rent a Car (BVMF:RENT3) Must Be Delighted With Their 643% Total Return
Mar 02Is Localiza Rent a Car (BVMF:RENT3) Using Too Much Debt?
Feb 16Here's What You Should Know About Localiza Rent a Car S.A.'s (BVMF:RENT3) 0.6% Dividend Yield
Feb 03
Is It Too Late To Consider Buying Localiza Rent a Car S.A. (BVMF:RENT3)?
Jan 21Should You Be Excited About Localiza Rent a Car S.A.'s (BVMF:RENT3) 15% Return On Equity?
Jan 06Do Institutions Own Localiza Rent a Car S.A. (BVMF:RENT3) Shares?
Dec 23Here's Why I Think Localiza Rent a Car (BVMF:RENT3) Is An Interesting Stock
Dec 10Did You Participate In Any Of Localiza Rent a Car's (BVMF:RENT3) Incredible 808% Return?
Nov 26Why Localiza Rent a Car S.A. (BVMF:RENT3) Could Be Worth Watching
Oct 16Is Localiza Rent a Car S.A.'s (BVMF:RENT3) ROE Of 14% Impressive?
Oct 03What Type Of Shareholders Make Up Localiza Rent a Car S.A.'s (BVMF:RENT3) Share Registry?
Sep 20We're Watching These Trends At Localiza Rent a Car (BVMF:RENT3)
Sep 08Localiza Rent a Car (BVMF:RENT3) Has Rewarded Shareholders With An Exceptional 627% Total Return On Their Investment
Aug 24Financial Position Analysis
Short Term Liabilities: RENT3's short term assets (R$17.8B) do not cover its short term liabilities (R$18.4B).
Long Term Liabilities: RENT3's short term assets (R$17.8B) do not cover its long term liabilities (R$37.1B).
Debt to Equity History and Analysis
Debt Level: RENT3's net debt to equity ratio (121.7%) is considered high.
Reducing Debt: RENT3's debt to equity ratio has reduced from 243.6% to 162.4% over the past 5 years.
Debt Coverage: RENT3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RENT3's interest payments on its debt are not well covered by EBIT (1.5x coverage).