Marfrig Global Foods Balance Sheet Health
Financial Health criteria checks 2/6
Marfrig Global Foods has a total shareholder equity of R$23.2B and total debt of R$54.3B, which brings its debt-to-equity ratio to 233.9%. Its total assets and total liabilities are R$134.9B and R$111.7B respectively. Marfrig Global Foods's EBIT is R$5.3B making its interest coverage ratio 1.4. It has cash and short-term investments of R$19.8B.
Key information
233.9%
Debt to equity ratio
R$54.26b
Debt
| Interest coverage ratio | 1.4x |
| Cash | R$19.84b |
| Equity | R$23.20b |
| Total liabilities | R$111.66b |
| Total assets | R$134.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGP1's short term assets (R$54.6B) exceed its short term liabilities (R$44.5B).
Long Term Liabilities: MGP1's short term assets (R$54.6B) do not cover its long term liabilities (R$67.2B).
Debt to Equity History and Analysis
Debt Level: MGP1's net debt to equity ratio (148.4%) is considered high.
Reducing Debt: MGP1's debt to equity ratio has reduced from 462.5% to 233.9% over the past 5 years.
Debt Coverage: MGP1's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: MGP1's interest payments on its debt are not well covered by EBIT (1.4x coverage).