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 Stock Is Now Too Undervalued (Rating Upgrade)
Dec 22Petrobras: Massive Dividends And No Lula Problems
Dec 12Petrobras: A Gift That Keeps On Giving - Rich Yields Remain Attractive
Nov 28Petrobras Production Report Q3 2024: Oil Price Does Not Help And Neither Does Recent News
Oct 31Petrobras: Double-Upgrade To Buy On New Exploration And Stable Management
Oct 01Petrobras: Very High Safety Margin
Sep 20Petrobras: Focus On The Rich Yields & Discounted Valuations - Volatility Is Inevitable
Aug 31Petrobras: Too Many CEO Transitions (Technical Analysis)
Aug 22Petrobras Production Report Q2 2024: Be Careful, As Profits May Fall Sharply
Jul 31Why Petrobras Stock Deserves A Downgrade
Jul 05Petrobras: Focus On The 4X P/E Ratio, Not The 13% Yield (Rating Upgrade)
Jun 20Petrobras: It's Hard To Be Bullish Now
May 28Petrobras: Ignore The Noise, Rely On Fundamentals
May 15The Petrobras Absurdity: Yield Exceeds P/E
May 05Petrobras: Repeating Past Mistakes, I Don't Recommend Buying Shares
Apr 15Petrobras: The Sell-Off Provides Opportunity
Apr 02Petrobras: Losing Its Appeal On Lower Distributions, Higher Capex
Mar 14Petrobras Q4 Earnings: No Longer A Dividend Powerhouse
Mar 08Petrobras: Poised To Sustain Its Attractive Dividend Yield
Feb 29Petrobras: This Is Not The End
Jan 28Why Petrobras Stock Is Set To Keep Soaring
Jan 12Petrobras In 2024: Opportunity Or Pitfall?
Jan 02Financial Position Analysis
Short Term Liabilities: PBR's short term assets (R$167.4B) do not cover its short term liabilities (R$178.9B).
Long Term Liabilities: PBR'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's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: PBR's debt to equity ratio has reduced from 88.8% to 35.5% over the past 5 years.
Debt Coverage: PBR's debt is well covered by operating cash flow (152.5%).
Interest Coverage: PBR'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 | 2024/12/23 05:37 |
| End of Day Share Price | 2024/12/20 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. |