Cosan Balance Sheet Health
Financial Health criteria checks 2/6
Cosan has a total shareholder equity of R$51.0B and total debt of R$56.9B, which brings its debt-to-equity ratio to 111.6%. Its total assets and total liabilities are R$139.9B and R$88.9B respectively. Cosan's EBIT is R$7.6B making its interest coverage ratio 4.1. It has cash and short-term investments of R$18.1B.
Key information
111.6%
Debt to equity ratio
R$56.90b
Debt
| Interest coverage ratio | 4.1x |
| Cash | R$18.07b |
| Equity | R$50.98b |
| Total liabilities | R$88.88b |
| Total assets | R$139.87b |
Recent financial health updates
Recent updates
Cosan: Deleveraging While Trading At A Substantial Holding Discount
Dec 10Cosan: Long-Term Payoffs From Efficient Capital Allocation
Sep 23Cosan: Undervalued And Potential Upside In The Near Term
Jul 14Cosan: A Highly Diversified Business Gaining Ground
Jun 27Cosan: Volatility In SEE Markets Only Adds To The Complexity
Jan 12Cosan: Vale Deal Could Weigh On The Stock
Nov 03Cosan reports Q2 results
Aug 15Cosan: Well-Run, Undervalued, And Leveraged To Growth, But Punishingly Complex
Mar 08Cosan SA: Added M&A-Led Complexities Weigh On The Investment Case
Sep 07Financial Position Analysis
Short Term Liabilities: CSAN's short term assets (R$28.6B) exceed its short term liabilities (R$16.2B).
Long Term Liabilities: CSAN's short term assets (R$28.6B) do not cover its long term liabilities (R$72.7B).
Debt to Equity History and Analysis
Debt Level: CSAN's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: CSAN's debt to equity ratio has increased from 82.8% to 111.6% over the past 5 years.
Debt Coverage: CSAN's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: CSAN's interest payments on its debt are well covered by EBIT (4.1x coverage).