Braskem Balance Sheet Health
Financial Health criteria checks 1/6
Braskem has a total shareholder equity of R$3.3B and total debt of R$56.0B, which brings its debt-to-equity ratio to 1707.1%. Its total assets and total liabilities are R$91.7B and R$88.5B respectively.
Key information
1,707.1%
Debt to equity ratio
R$55.98b
Debt
Interest coverage ratio | n/a |
Cash | R$19.14b |
Equity | R$3.28b |
Total liabilities | R$88.46b |
Total assets | R$91.74b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XBRK's short term assets (R$37.4B) exceed its short term liabilities (R$24.5B).
Long Term Liabilities: XBRK's short term assets (R$37.4B) do not cover its long term liabilities (R$64.0B).
Debt to Equity History and Analysis
Debt Level: XBRK's net debt to equity ratio (1123.3%) is considered high.
Reducing Debt: XBRK's debt to equity ratio has increased from 640.8% to 1707.1% over the past 5 years.
Debt Coverage: XBRK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if XBRK's interest payments on its debt are well covered by EBIT.