Braskem Balance Sheet Health
Financial Health criteria checks 1/6
Braskem has a total shareholder equity of R$3.3B and total debt of R$56.0B, which brings its debt-to-equity ratio to 1707.1%. Its total assets and total liabilities are R$91.7B and R$88.5B respectively.
Key information
1,707.1%
Debt to equity ratio
R$55.98b
Debt
Interest coverage ratio | n/a |
Cash | R$19.14b |
Equity | R$3.28b |
Total liabilities | R$88.46b |
Total assets | R$91.74b |
Recent financial health updates
Recent updates
Braskem: A Rising Odds For ADNOC Deal, Though Declining Risk-Reward (Rating Downgrade)
Apr 05Braskem: Mounting Troubles Impacting Financial Performance
Jan 25Braskem: Special Situations Trade With 100% Upside Potential
Dec 12Braskem: Glad I Sold After A 27.8% Negative RoR
Nov 09Braskem: A Speculative Bet On A Cycle Downturn
Aug 27Braskem: It's Time To Be Careful After The M&A (Rating Downgrade)
Aug 04Braskem: 22% RoR Since March, Still A 'Buy' After Q1 2023
May 24Braskem: Second Look At This International Petrochemical Player After A ~30% Drop
Dec 26Braskem S.A. GAAP EPS of $1.73 beats by $1.70, revenue of $4.83B beats by $780M
Nov 10Braskem Buoyed By A Buyout Offer
Oct 13Braskem: Time To Look Beyond The EU/North America?
Aug 03Braskem S.A.: Undervalued Moneymaker With Game-Changing Potential
May 18Braskem: Growth Stock Moving In Line With ESG Commitments
Feb 22Record Resin Prices Leaving Braskem In Great Shape
Aug 25Braskem expects to spend 9B reais to address Alagoas geological damage
Dec 31Braskem: A Justified Valuation Discount
Dec 15Mexico cuts off gas supply to Braskem plant in escalating dispute
Dec 03Braskem S.A. beats on revenue
Nov 11Financial Position Analysis
Short Term Liabilities: BAK's short term assets (R$37.4B) exceed its short term liabilities (R$24.5B).
Long Term Liabilities: BAK's short term assets (R$37.4B) do not cover its long term liabilities (R$64.0B).
Debt to Equity History and Analysis
Debt Level: BAK's net debt to equity ratio (1123.3%) is considered high.
Reducing Debt: BAK's debt to equity ratio has increased from 640.8% to 1707.1% over the past 5 years.
Debt Coverage: BAK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BAK's interest payments on its debt are well covered by EBIT.