Petróleo Brasileiro - Petrobras Balance Sheet Health
Financial Health criteria checks 4/6
Petróleo Brasileiro - Petrobras has a total shareholder equity of R$382.3B and total debt of R$139.4B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are R$1,050.9B and R$668.5B respectively. Petróleo Brasileiro - Petrobras's EBIT is R$203.9B making its interest coverage ratio 37. It has cash and short-term investments of R$75.3B.
Key information
36.5%
Debt to equity ratio
R$139.43b
Debt
Interest coverage ratio | 37x |
Cash | R$75.26b |
Equity | R$382.34b |
Total liabilities | R$668.55b |
Total assets | R$1.05t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PJXB's short term assets (R$157.1B) do not cover its short term liabilities (R$163.9B).
Long Term Liabilities: PJXB's short term assets (R$157.1B) do not cover its long term liabilities (R$504.6B).
Debt to Equity History and Analysis
Debt Level: PJXB's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: PJXB's debt to equity ratio has reduced from 115% to 36.5% over the past 5 years.
Debt Coverage: PJXB's debt is well covered by operating cash flow (154.7%).
Interest Coverage: PJXB's interest payments on its debt are well covered by EBIT (37x coverage).