Petróleo Brasileiro - Petrobras Balance Sheet Health
Financial Health criteria checks 4/6
Petróleo Brasileiro - Petrobras has a total shareholder equity of R$376.0B and total debt of R$146.3B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are R$1,058.7B and R$682.6B respectively. Petróleo Brasileiro - Petrobras's EBIT is R$183.9B making its interest coverage ratio 29.6. It has cash and short-term investments of R$67.7B.
Key information
38.9%
Debt to equity ratio
R$146.32b
Debt
| Interest coverage ratio | 29.6x |
| Cash | R$67.68b |
| Equity | R$376.04b |
| Total liabilities | R$682.65b |
| Total assets | R$1.06t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PBRA N's short term assets (R$159.3B) do not cover its short term liabilities (R$178.0B).
Long Term Liabilities: PBRA N's short term assets (R$159.3B) do not cover its long term liabilities (R$504.7B).
Debt to Equity History and Analysis
Debt Level: PBRA N's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: PBRA N's debt to equity ratio has reduced from 93.5% to 38.9% over the past 5 years.
Debt Coverage: PBRA N's debt is well covered by operating cash flow (142%).
Interest Coverage: PBRA N's interest payments on its debt are well covered by EBIT (29.6x coverage).