Prio Balance Sheet Health
Financial Health criteria checks 5/6
Prio has a total shareholder equity of R$17.8B and total debt of R$11.2B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are R$37.3B and R$19.5B respectively. Prio's EBIT is R$8.4B making its interest coverage ratio 11.1. It has cash and short-term investments of R$6.4B.
Key information
63.0%
Debt to equity ratio
R$11.20b
Debt
| Interest coverage ratio | 11.1x |
| Cash | R$6.45b |
| Equity | R$17.77b |
| Total liabilities | R$19.53b |
| Total assets | R$37.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTRR.Y's short term assets (R$10.5B) exceed its short term liabilities (R$4.5B).
Long Term Liabilities: PTRR.Y's short term assets (R$10.5B) do not cover its long term liabilities (R$15.0B).
Debt to Equity History and Analysis
Debt Level: PTRR.Y's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: PTRR.Y's debt to equity ratio has reduced from 108.4% to 63% over the past 5 years.
Debt Coverage: PTRR.Y's debt is well covered by operating cash flow (77.1%).
Interest Coverage: PTRR.Y's interest payments on its debt are well covered by EBIT (11.1x coverage).