Petróleo Brasileiro - Petrobras Balance Sheet Health
Financial Health criteria checks 4/6
Petr óleo Brasileiro - Petrobras has a total shareholder equity of R$382.3B and total debt of R$139.4B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are R$1,050.9B and R$668.5B respectively. Petróleo Brasileiro - Petrobras's EBIT is R$203.9B making its interest coverage ratio 37. It has cash and short-term investments of R$75.3B.
Key information
36.5%
Debt to equity ratio
R$139.43b
Debt
Interest coverage ratio | 37x |
Cash | R$75.26b |
Equity | R$382.34b |
Total liabilities | R$668.55b |
Total assets | R$1.05t |
Recent financial health updates
No updates
Recent updates
Petrobras: 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 13Petrobras: Red Flags Are Falling Apart One By One
Sep 13Petrobras: The Dividend Is Finally Cut, Here's What To Expect Next
Jul 29Petrobras Stands Out From Other Oil And Gas Players
Jun 28Petrobras: The Market Doesn't Seem To Trust Lula
Feb 22Financial Position Analysis
Short Term Liabilities: PBR.A's short term assets (R$157.1B) do not cover its short term liabilities (R$163.9B).
Long Term Liabilities: PBR.A's short term assets (R$157.1B) do not cover its long term liabilities (R$504.6B).
Debt to Equity History and Analysis
Debt Level: PBR.A's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: PBR.A's debt to equity ratio has reduced from 115% to 36.5% over the past 5 years.
Debt Coverage: PBR.A's debt is well covered by operating cash flow (154.7%).
Interest Coverage: PBR.A's interest payments on its debt are well covered by EBIT (37x coverage).