Ultrapar Participações Balance Sheet Health
Financial Health criteria checks 6/6
Ultrapar Participações has a total shareholder equity of R$14.0B and total debt of R$11.8B, which brings its debt-to-equity ratio to 83.9%. Its total assets and total liabilities are R$38.3B and R$24.2B respectively. Ultrapar Participações's EBIT is R$3.9B making its interest coverage ratio 4.6. It has cash and short-term investments of R$6.2B.
Key information
83.9%
Debt to equity ratio
R$11.77b
Debt
| Interest coverage ratio | 4.6x |
| Cash | R$6.22b |
| Equity | R$14.03b |
| Total liabilities | R$24.22b |
| Total assets | R$38.25b |
Recent financial health updates
Recent updates
Ultrapar: The Peak Is Here
Apr 01Ultrapar: It Seems Time To Move On (Rating Downgrade)
Dec 11Ultrapar's Impressive Q3 Performance Raises Valuation Concerns
Nov 28Ultrapar: Caution Amidst Brazil's Uncertain Fuel Pricing
Sep 11Making Sense Of Ultrapar's Run-Up And Why It's Still A Buy
Jul 04Ultrapar Participacoes reports Q4 2022 results
Feb 15Ultrapar Continues Over Investing But Is A Speculative Play On Brazil
Jan 13Ultrapar: On Hold Despite The Ambitious New Capex Plan
Dec 22Ultrapar Participacoes GAAP EPS of R$0.07, revenue of R$39.48B
Nov 11Ultrapar Likely Has No Margin Of Safety And Should Deleverage
Sep 13Third Avenue - Ultrapar: Lot Of Room For Valuation Upside
May 25Ultrapar: Better To Await Developments
Jan 15Ultrapar Participações S.A. 2021 Q1 - Results - Earnings Call Presentation
May 10Ultrapar Participacoes reports Q1 results
May 06Ultrapar Participações S.A. 2020 Q3 - Results - Earnings Call Presentation
Nov 06Ultrapar Participacoes reports Q3 results
Nov 04Financial Position Analysis
Short Term Liabilities: UGP's short term assets (R$18.6B) exceed its short term liabilities (R$11.2B).
Long Term Liabilities: UGP's short term assets (R$18.6B) exceed its long term liabilities (R$13.0B).
Debt to Equity History and Analysis
Debt Level: UGP's net debt to equity ratio (39.6%) is considered satisfactory.
Reducing Debt: UGP's debt to equity ratio has reduced from 154.7% to 83.9% over the past 5 years.
Debt Coverage: UGP's debt is well covered by operating cash flow (32.7%).
Interest Coverage: UGP's interest payments on its debt are well covered by EBIT (4.6x coverage).