This company has been acquired
The company may no longer be operating, as it has been acquired. Find out why through their latest events.
Companhia de Locação das Américas Balance Sheet Health
Financial Health criteria checks 3/6
Key information
206.1%
Debt to equity ratio
R$10.46b
Debt
| Interest coverage ratio | 3.2x |
| Cash | R$2.16b |
| Equity | R$5.08b |
| Total liabilities | R$13.76b |
| Total assets | R$18.84b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDLD.Y's short term assets (R$4.0B) exceed its short term liabilities (R$3.4B).
Long Term Liabilities: CDLD.Y's short term assets (R$4.0B) do not cover its long term liabilities (R$10.3B).
Debt to Equity History and Analysis
Debt Level: CDLD.Y's net debt to equity ratio (163.6%) is considered high.
Reducing Debt: CDLD.Y's debt to equity ratio has reduced from 260.4% to 206.1% over the past 5 years.
Debt Coverage: CDLD.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CDLD.Y's interest payments on its debt are well covered by EBIT (3.2x coverage).