Marfrig Global Foods Balance Sheet Health
Financial Health criteria checks 2/6
Marfrig Global Foods has a total shareholder equity of R$24.9B and total debt of R$51.8B, which brings its debt-to-equity ratio to 208.3%. Its total assets and total liabilities are R$131.0B and R$106.1B respectively. Marfrig Global Foods's EBIT is R$1.1B making its interest coverage ratio 0.3. It has cash and short-term investments of R$21.9B.
Key information
208.3%
Debt to equity ratio
R$51.85b
Debt
Interest coverage ratio | 0.3x |
Cash | R$21.88b |
Equity | R$24.89b |
Total liabilities | R$106.06b |
Total assets | R$130.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGP1's short term assets (R$52.1B) exceed its short term liabilities (R$42.2B).
Long Term Liabilities: MGP1's short term assets (R$52.1B) do not cover its long term liabilities (R$63.9B).
Debt to Equity History and Analysis
Debt Level: MGP1's net debt to equity ratio (120.4%) is considered high.
Reducing Debt: MGP1's debt to equity ratio has reduced from 396.4% to 208.3% over the past 5 years.
Debt Coverage: MGP1's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: MGP1's interest payments on its debt are not well covered by EBIT (0.3x coverage).