Lojas Renner Balance Sheet Health
Financial Health criteria checks 6/6
Lojas Renner has a total shareholder equity of R$10.0B and total debt of R$1.9B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are R$20.5B and R$10.4B respectively. Lojas Renner's EBIT is R$1.0B making its interest coverage ratio -76. It has cash and short-term investments of R$3.1B.
Key information
19.2%
Debt to equity ratio
R$1.93b
Debt
Interest coverage ratio | -76x |
Cash | R$3.10b |
Equity | R$10.05b |
Total liabilities | R$10.44b |
Total assets | R$20.49b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LREN.Y's short term assets (R$12.2B) exceed its short term liabilities (R$7.5B).
Long Term Liabilities: LREN.Y's short term assets (R$12.2B) exceed its long term liabilities (R$3.0B).
Debt to Equity History and Analysis
Debt Level: LREN.Y has more cash than its total debt.
Reducing Debt: LREN.Y's debt to equity ratio has reduced from 47.8% to 19.2% over the past 5 years.
Debt Coverage: LREN.Y's debt is well covered by operating cash flow (138.2%).
Interest Coverage: LREN.Y earns more interest than it pays, so coverage of interest payments is not a concern.