Iochpe-Maxion Balance Sheet Health
Financial Health criteria checks 3/6
Iochpe-Maxion has a total shareholder equity of R$4.1B and total debt of R$6.3B, which brings its debt-to-equity ratio to 151.3%. Its total assets and total liabilities are R$14.4B and R$10.3B respectively. Iochpe-Maxion's EBIT is R$772.7M making its interest coverage ratio 1.7. It has cash and short-term investments of R$2.3B.
Key information
151.3%
Debt to equity ratio
R$6.27b
Debt
Interest coverage ratio | 1.7x |
Cash | R$2.33b |
Equity | R$4.14b |
Total liabilities | R$10.26b |
Total assets | R$14.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IOCJ.Y's short term assets (R$7.2B) exceed its short term liabilities (R$4.7B).
Long Term Liabilities: IOCJ.Y's short term assets (R$7.2B) exceed its long term liabilities (R$5.6B).
Debt to Equity History and Analysis
Debt Level: IOCJ.Y's net debt to equity ratio (95.1%) is considered high.
Reducing Debt: IOCJ.Y's debt to equity ratio has increased from 98.3% to 151.3% over the past 5 years.
Debt Coverage: IOCJ.Y's debt is well covered by operating cash flow (33.5%).
Interest Coverage: IOCJ.Y's interest payments on its debt are not well covered by EBIT (1.7x coverage).