Petróleo Brasileiro - Petrobras Balance Sheet Health
Financial Health criteria checks 4/6
Petróleo 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: 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 02Petrobras: The Dividend Bonanza Continues
Nov 24Under New Strategic Plan, Petrobras Seems Fairly Valued
Nov 16Petrobras: The Dividend Machine Keeps Pumping Cash
Nov 10Petrobras: Attractively Valued And Well-Positioned To Absorb Industry Tailwinds
Nov 03Why Petrobras Is A Great Alternative To Other Oil Majors
Oct 10Petrobras: A Return To Bearish Ground As History Comes Full Circle
Oct 02Petrobras: The Best Way To Play The Oil Bull Market
Sep 08Petrobras: Why Lula Is Not A Threat
Aug 31Petrobras: Political Risk Is Decreasing, Brace For Re-Rating
Aug 24Petrobras: Q2 Earnings Confirm Deteriorating Outlook
Aug 07Petrobras: Very Cheap, Highly Profitable, And Returning 17.6%
Jul 29Petrobras Stock: Too Many Yellow Flags To Be Bullish
Jul 05Petrobras: Worst Has Been Avoided
Jun 16Petrobras: The Dividend Bonanza Continues
Jun 07Petrobras Is A Rare Investment That May Generate Reliable Double-Digit Returns
May 30Financial Position Analysis
Short Term Liabilities: PBR's short term assets (R$157.1B) do not cover its short term liabilities (R$163.9B).
Long Term Liabilities: PBR'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's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: PBR's debt to equity ratio has reduced from 115% to 36.5% over the past 5 years.
Debt Coverage: PBR's debt is well covered by operating cash flow (154.7%).
Interest Coverage: PBR's interest payments on its debt are well covered by EBIT (37x coverage).