Tegma Gestão Logística Balance Sheet Health
Financial Health criteria checks 6/6
Tegma Gestão Logística has a total shareholder equity of R$893.9M and total debt of R$105.7M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are R$1.3B and R$393.7M respectively. Tegma Gestão Logística's EBIT is R$289.6M making its interest coverage ratio -22.2. It has cash and short-term investments of R$264.1M.
Key information
11.8%
Debt to equity ratio
R$105.68m
Debt
| Interest coverage ratio | -22.2x |
| Cash | R$264.13m |
| Equity | R$893.86m |
| Total liabilities | R$393.68m |
| Total assets | R$1.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TGMA3's short term assets (R$691.8M) exceed its short term liabilities (R$246.9M).
Long Term Liabilities: TGMA3's short term assets (R$691.8M) exceed its long term liabilities (R$146.8M).
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 25.3% to 11.8% over the past 5 years.
Debt Coverage: TGMA3's debt is well covered by operating cash flow (206.6%).
Interest Coverage: TGMA3 earns more interest than it pays, so coverage of interest payments is not a concern.