SIMPAR Balance Sheet Health
Financial Health criteria checks 1/6
SIMPAR has a total shareholder equity of R$7.1B and total debt of R$53.0B, which brings its debt-to-equity ratio to 749.7%. Its total assets and total liabilities are R$80.9B and R$73.9B respectively. SIMPAR's EBIT is R$5.7B making its interest coverage ratio 0.9. It has cash and short-term investments of R$13.7B.
Key information
749.7%
Debt to equity ratio
R$52.95b
Debt
| Interest coverage ratio | 0.9x |
| Cash | R$13.73b |
| Equity | R$7.06b |
| Total liabilities | R$73.86b |
| Total assets | R$80.92b |
Recent financial health updates
Recent updates
SIMPAR's (BVMF:SIMH3) Returns Have Hit A Wall
Oct 07
SIMPAR S.A. (BVMF:SIMH3) Stock Rockets 26% But Many Are Still Ignoring The Company
Jul 12SIMPAR (BVMF:SIMH3) Has Some Way To Go To Become A Multi-Bagger
Jul 05SIMPAR S.A. (BVMF:SIMH3) Screens Well But There Might Be A Catch
May 08Is SIMPAR (BVMF:SIMH3) A Risky Investment?
Mar 21SIMPAR (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$27.8B) exceed its short term liabilities (R$18.5B).
Long Term Liabilities: SIMH3's short term assets (R$27.8B) do not cover its long term liabilities (R$55.3B).
Debt to Equity History and Analysis
Debt Level: SIMH3's net debt to equity ratio (555.3%) is considered high.
Reducing Debt: SIMH3's debt to equity ratio has increased from 592.1% to 749.7% 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 (0.9x coverage).