Magazine Luiza Balance Sheet Health
Financial Health criteria checks 3/6
Magazine Luiza has a total shareholder equity of R$10.9B and total debt of R$6.7B, which brings its debt-to-equity ratio to 61.2%. Its total assets and total liabilities are R$37.2B and R$26.3B respectively.
Key information
61.2%
Debt to equity ratio
R$6.67b
Debt
Interest coverage ratio | n/a |
Cash | R$2.33b |
Equity | R$10.90b |
Total liabilities | R$26.32b |
Total assets | R$37.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGLU.Y's short term assets (R$20.1B) exceed its short term liabilities (R$15.9B).
Long Term Liabilities: MGLU.Y's short term assets (R$20.1B) exceed its long term liabilities (R$10.4B).
Debt to Equity History and Analysis
Debt Level: MGLU.Y's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: MGLU.Y's debt to equity ratio has increased from 18.5% to 61.2% over the past 5 years.
Debt Coverage: MGLU.Y's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: Insufficient data to determine if MGLU.Y's interest payments on its debt are well covered by EBIT.