Moove Lubricants Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Moove Lubricants Holdings has a total shareholder equity of R$1.7B and total debt of R$3.3B, which brings its debt-to-equity ratio to 189.1%. Its total assets and total liabilities are R$8.8B and R$7.1B respectively. Moove Lubricants Holdings's EBIT is R$817.2M making its interest coverage ratio 8.5. It has cash and short-term investments of R$789.0M.
Key information
189.1%
Debt to equity ratio
R$3.26b
Debt
| Interest coverage ratio | 8.5x |
| Cash | R$789.03m |
| Equity | R$1.72b |
| Total liabilities | R$7.10b |
| Total assets | R$8.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOOV's short term assets (R$4.0B) exceed its short term liabilities (R$3.2B).
Long Term Liabilities: MOOV's short term assets (R$4.0B) exceed its long term liabilities (R$3.9B).
Debt to Equity History and Analysis
Debt Level: MOOV's net debt to equity ratio (143.4%) is considered high.
Reducing Debt: Insufficient data to determine if MOOV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MOOV's debt is well covered by operating cash flow (24.7%).
Interest Coverage: MOOV's interest payments on its debt are well covered by EBIT (8.5x coverage).