Tegma Gestão Logística Balance Sheet Health
Financial Health criteria checks 6/6
Tegma Gestão Logística has a total shareholder equity of R$874.1M and total debt of R$107.2M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are R$1.2B and R$347.9M respectively. Tegma Gestão Logística's EBIT is R$214.5M making its interest coverage ratio -29.2. It has cash and short-term investments of R$299.8M.
Key information
12.3%
Debt to equity ratio
R$107.22m
Debt
Interest coverage ratio | -29.2x |
Cash | R$299.80m |
Equity | R$874.06m |
Total liabilities | R$347.88m |
Total assets | R$1.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TGMA3's short term assets (R$625.9M) exceed its short term liabilities (R$176.4M).
Long Term Liabilities: TGMA3's short term assets (R$625.9M) exceed its long term liabilities (R$171.5M).
Debt to Equity History and Analysis
Debt Level: TGMA3 has more cash than its total debt.
Reducing Debt: TGMA3's debt to equity ratio has reduced from 28.5% to 12.3% over the past 5 years.
Debt Coverage: TGMA3's debt is well covered by operating cash flow (199.4%).
Interest Coverage: TGMA3 earns more interest than it pays, so coverage of interest payments is not a concern.