SIMPAR Balance Sheet Health
Financial Health criteria checks 2/6
SIMPAR has a total shareholder equity of R$6.8B and total debt of R$43.7B, which brings its debt-to-equity ratio to 646.6%. Its total assets and total liabilities are R$70.1B and R$63.4B respectively. SIMPAR's EBIT is R$4.6B making its interest coverage ratio 1.1. It has cash and short-term investments of R$10.9B.
Key information
646.6%
Debt to equity ratio
R$43.66b
Debt
| Interest coverage ratio | 1.1x |
| Cash | R$10.95b |
| Equity | R$6.75b |
| Total liabilities | R$63.39b |
| Total assets | R$70.14b |
Recent financial health updates
Recent updates
Is SIMPAR (BVMF:SIMH3) A Risky Investment?
Mar 21
SIMPAR (BVMF:SIMH3) Is Looking To Continue Growing Its Returns On Capital
Jan 15SIMPAR (BVMF:SIMH3) Is Doing The Right Things To Multiply Its Share Price
Oct 15SIMPAR (BVMF:SIMH3) Is Doing The Right Things To Multiply Its Share Price
May 09Here's What To Make Of SIMPAR's (BVMF:SIMH3) Decelerating Rates Of Return
Feb 07SIMPAR S.A.'s (BVMF:SIMH3) Share Price Is Still Matching Investor Opinion Despite 29% Slump
Nov 18SIMPAR (BVMF:SIMH3) Hasn't Managed To Accelerate Its Returns
Oct 27Is There Now An Opportunity In SIMPAR S.A. (BVMF:SIMH3)?
Sep 22Return Trends At SIMPAR (BVMF:SIMH3) Aren't Appealing
Jun 13Capital Allocation Trends At SIMPAR (BVMF:SIMH3) Aren't Ideal
Feb 17Returns On Capital Signal Tricky Times Ahead For SIMPAR (BVMF:SIMH3)
Oct 26Is SIMPAR S.A.'s (BVMF:SIMH3) ROE Of 7.2% Impressive?
Jan 25
Financial Position Analysis
Short Term Liabilities: SIMH3's short term assets (R$22.2B) exceed its short term liabilities (R$15.3B).
Long Term Liabilities: SIMH3's short term assets (R$22.2B) do not cover its long term liabilities (R$48.1B).
Debt to Equity History and Analysis
Debt Level: SIMH3's net debt to equity ratio (484.5%) is considered high.
Reducing Debt: SIMH3's debt to equity ratio has reduced from 868.6% to 646.6% over the past 5 years.
Debt Coverage: SIMH3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SIMH3's interest payments on its debt are not well covered by EBIT (1.1x coverage).