BRF Balance Sheet Health
Financial Health criteria checks 3/6
BRF has a total shareholder equity of R$15.6B and total debt of R$20.1B, which brings its debt-to-equity ratio to 128.5%. Its total assets and total liabilities are R$57.3B and R$41.6B respectively. BRF's EBIT is R$595.4M making its interest coverage ratio 0.4. It has cash and short-term investments of R$9.7B.
Key information
128.5%
Debt to equity ratio
R$20.10b
Debt
| Interest coverage ratio | 0.4x |
| Cash | R$9.71b |
| Equity | R$15.64b |
| Total liabilities | R$41.63b |
| Total assets | R$57.27b |
Recent financial health updates
Recent updates
BRF 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$26.0B) exceed its short term liabilities (R$19.4B).
Long Term Liabilities: BRFS's short term assets (R$26.0B) exceed its long term liabilities (R$22.2B).
Debt to Equity History and Analysis
Debt Level: BRFS's net debt to equity ratio (66.4%) is considered high.
Reducing Debt: BRFS's debt to equity ratio has reduced from 305.9% to 128.5% over the past 5 years.
Debt Coverage: BRFS's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: BRFS's interest payments on its debt are not well covered by EBIT (0.4x coverage).