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$6.8B, which brings its debt-to-equity ratio to 166.1%. Its total assets and total liabilities are R$14.5B and R$10.4B respectively. Iochpe-Maxion's EBIT is R$733.5M making its interest coverage ratio 1.6. It has cash and short-term investments of R$3.0B.
Key information
166.1%
Debt to equity ratio
R$6.78b
Debt
Interest coverage ratio | 1.6x |
Cash | R$2.99b |
Equity | R$4.09b |
Total liabilities | R$10.45b |
Total assets | R$14.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IOCJ.Y's short term assets (R$7.5B) exceed its short term liabilities (R$4.6B).
Long Term Liabilities: IOCJ.Y's short term assets (R$7.5B) exceed its long term liabilities (R$5.8B).
Debt to Equity History and Analysis
Debt Level: IOCJ.Y's net debt to equity ratio (92.9%) is considered high.
Reducing Debt: IOCJ.Y's debt to equity ratio has increased from 87.9% to 166.1% over the past 5 years.
Debt Coverage: IOCJ.Y's debt is well covered by operating cash flow (29.4%).
Interest Coverage: IOCJ.Y's interest payments on its debt are not well covered by EBIT (1.6x coverage).