Cosan Balance Sheet Health
Financial Health criteria checks 1/6
Cosan has a total shareholder equity of R$49.2B and total debt of R$62.0B, which brings its debt-to-equity ratio to 125.9%. Its total assets and total liabilities are R$144.8B and R$95.6B respectively. Cosan's EBIT is R$9.0B making its interest coverage ratio 3. It has cash and short-term investments of R$19.3B.
Key information
125.9%
Debt to equity ratio
R$61.99b
Debt
| Interest coverage ratio | 3x |
| Cash | R$19.31b |
| Equity | R$49.24b |
| Total liabilities | R$95.59b |
| Total assets | R$144.83b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9CI0's short term assets (R$31.5B) exceed its short term liabilities (R$17.0B).
Long Term Liabilities: 9CI0's short term assets (R$31.5B) do not cover its long term liabilities (R$78.6B).
Debt to Equity History and Analysis
Debt Level: 9CI0's net debt to equity ratio (86.7%) is considered high.
Reducing Debt: 9CI0's debt to equity ratio has increased from 102.8% to 125.9% over the past 5 years.
Debt Coverage: 9CI0's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 9CI0's interest payments on its debt are not well covered by EBIT (3x coverage).