Petróleo Brasileiro - Petrobras Balance Sheet Health
Financial Health criteria checks 4/6
Petróleo Brasileiro - Petrobras has a total shareholder equity of R$395.1B and total debt of R$140.3B, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are R$1,077.8B and R$682.8B respectively. Petróleo Brasileiro - Petrobras's EBIT is R$189.6B making its interest coverage ratio 30. It has cash and short-term investments of R$77.8B.
Key information
35.5%
Debt to equity ratio
R$140.32b
Debt
| Interest coverage ratio | 30x |
| Cash | R$77.84b |
| Equity | R$395.05b |
| Total liabilities | R$682.80b |
| Total assets | R$1.08t |
Recent financial health updates
No updates
Recent updates
Petrobras: There's Still Time To Buy This On The Cheap
Dec 02Petrobras: A High-Yield Investment In A Pricey Market
Nov 11Petrobras: Still Too Cheap For Buyers To Ignore
Sep 30Petrobras: Don't Overstate The Lula Risk
Jun 24Petrobras Can Continue Providing Strong Shareholder Returns
May 30Petrobras: We Shouldn't Be Unnerved By The Overblown Dividend Crisis
Apr 22Petrobras' Dividend Crisis Is Overblown
Mar 17Petrobras: I Was Truly Wrong About Its Resilience And Headwinds (Rating Upgrade)
Feb 18Petrobras' 5-Year Plan Highlights The Investment Opportunity
Dec 12A Transformative Change For Petrobras Warrants Strong Upside
Nov 30Petrobras: Gained 90% Over One Year - Don't Expect The Same
Nov 13Financial Position Analysis
Short Term Liabilities: PBR.A's short term assets (R$167.4B) do not cover its short term liabilities (R$178.9B).
Long Term Liabilities: PBR.A's short term assets (R$167.4B) do not cover its long term liabilities (R$503.9B).
Debt to Equity History and Analysis
Debt Level: PBR.A's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: PBR.A's debt to equity ratio has reduced from 88.8% to 35.5% over the past 5 years.
Debt Coverage: PBR.A's debt is well covered by operating cash flow (152.5%).
Interest Coverage: PBR.A's interest payments on its debt are well covered by EBIT (30x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 15:02 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Petróleo Brasileiro S.A. - Petrobras is covered by 51 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Yim Cheng | Barclays |
| Daniel Cobucci | BB Banco de Investimento S.A. |