Marfrig Global Foods Balance Sheet Health
Financial Health criteria checks 3/6
Marfrig Global Foods has a total shareholder equity of R$24.7B and total debt of R$52.1B, which brings its debt-to-equity ratio to 211.3%. Its total assets and total liabilities are R$131.3B and R$106.6B respectively. Marfrig Global Foods's EBIT is R$2.3B making its interest coverage ratio 0.6. It has cash and short-term investments of R$20.8B.
Key information
211.3%
Debt to equity ratio
R$52.09b
Debt
Interest coverage ratio | 0.6x |
Cash | R$20.76b |
Equity | R$24.65b |
Total liabilities | R$106.63b |
Total assets | R$131.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRRT.Y's short term assets (R$52.4B) exceed its short term liabilities (R$41.2B).
Long Term Liabilities: MRRT.Y's short term assets (R$52.4B) do not cover its long term liabilities (R$65.5B).
Debt to Equity History and Analysis
Debt Level: MRRT.Y's net debt to equity ratio (127.1%) is considered high.
Reducing Debt: MRRT.Y's debt to equity ratio has reduced from 398.8% to 211.3% over the past 5 years.
Debt Coverage: MRRT.Y's debt is well covered by operating cash flow (22.7%).
Interest Coverage: MRRT.Y's interest payments on its debt are not well covered by EBIT (0.6x coverage).