BRF Balance Sheet Health
Financial Health criteria checks 5/6
BRF has a total shareholder equity of R$17.7B and total debt of R$19.5B, which brings its debt-to-equity ratio to 110.7%. Its total assets and total liabilities are R$60.5B and R$42.8B respectively. BRF's EBIT is R$5.7B making its interest coverage ratio 5.5. It has cash and short-term investments of R$10.8B.
Key information
110.7%
Debt to equity ratio
R$19.54b
Debt
| Interest coverage ratio | 5.5x |
| Cash | R$10.81b |
| Equity | R$17.65b |
| Total liabilities | R$42.84b |
| Total assets | R$60.49b |
Recent financial health updates
Recent updates
Despite BRF's Record Margins, Price Data From Brazil Points Toward A Cycle Reversal
Dec 04BRF Q2: Positive Outlook For The Brazilian And International Markets
Oct 01BRF Is Already Priced For Peak Margins, With Poultry Cycles Peaking
Sep 04Improved Execution Is Letting BRF SA Fully Benefit From A Strong Poultry Cycle
Aug 20BRF: The Recent Rise Is Not A Chicken Flight
Jul 05BRF: Recent Recovery Was Cyclical, Not Operational, Still A Hold
May 15BRF S.A. Has Stabilized Its Business, And Investors Await The Next Act
Apr 04BRF: Poor Capital Allocation, Dangerous Leverage Makes It A Hold
Jan 30BRF: Uncertainty Persists Despite Commodity Cycle Advantage
Oct 18BRF: Ongoing Deleveraging, Not Much Else
Aug 16Rare Buy Picks In June 2023 - From 34 Discerning Analysts
Jul 05BRF S.A.: 2023 Improvements
Jun 02BRF S.A.: Still Strong Trends But No Upside Potential
Feb 02BRF S.A. GAAP EPS of -R$2.11, revenue of R$14.06B
Nov 10BRF S.A. stock price dipped 10% as Citi downgrades to Neutral, PT lowered
Oct 25BRF S.A. Sees Yet Another Change At The Top As The Never Ending Turnaround Continues
Aug 31BRF SA Muddling Through And Still Weighed Down By Debt And Capex
Aug 17BRF S.A.: Meat Exporter To Hold Through 2030
Jun 10BRF SA - A Little Light, But A Lot Of Tunnel
Mar 03BRF SA - The Long Wait For Self-Improvement Goes On
Feb 14BRF S.A.: Recent Pet Foods Acquisitions Are Positive Steps, But Challenges Remain
Aug 12BRF shares soar on 10-year expansion plan
Dec 08BRF S.A. EPS misses by $0.54, misses on revenue
Nov 10Financial Position Analysis
Short Term Liabilities: BRFS's short term assets (R$28.3B) exceed its short term liabilities (R$19.6B).
Long Term Liabilities: BRFS's short term assets (R$28.3B) exceed its long term liabilities (R$23.2B).
Debt to Equity History and Analysis
Debt Level: BRFS's net debt to equity ratio (49.5%) is considered high.
Reducing Debt: BRFS's debt to equity ratio has reduced from 292.4% to 110.7% over the past 5 years.
Debt Coverage: BRFS's debt is well covered by operating cash flow (49.5%).
Interest Coverage: BRFS's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:13 |
| 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
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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
BRF S.A. is covered by 34 analysts. 12 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 |
|---|---|
| Benjamin Theurer | Barclays |
| Gabriel Vaz de Lima | Barclays |
| Georgia Jorge | BB Banco de Investimento S.A. |