Rumo Balance Sheet Health
Financial Health criteria checks 4/6
Rumo has a total shareholder equity of R$16.1B and total debt of R$19.1B, which brings its debt-to-equity ratio to 118.2%. Its total assets and total liabilities are R$49.3B and R$33.2B respectively. Rumo's EBIT is R$3.4B making its interest coverage ratio 4.7. It has cash and short-term investments of R$9.9B.
Key information
118.2%
Debt to equity ratio
R$19.08b
Debt
| Interest coverage ratio | 4.7x |
| Cash | R$9.91b |
| Equity | R$16.14b |
| Total liabilities | R$33.18b |
| Total assets | R$49.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUMO.F's short term assets (R$11.5B) exceed its short term liabilities (R$5.8B).
Long Term Liabilities: RUMO.F's short term assets (R$11.5B) do not cover its long term liabilities (R$27.4B).
Debt to Equity History and Analysis
Debt Level: RUMO.F's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: RUMO.F's debt to equity ratio has reduced from 123.1% to 118.2% over the past 5 years.
Debt Coverage: RUMO.F's debt is well covered by operating cash flow (27.6%).
Interest Coverage: RUMO.F's interest payments on its debt are well covered by EBIT (4.7x coverage).