To the full analysis
Petróleo Brasileiro S.A. - Petrobras stock: balance sheet and debt
PBRPetróleo Brasileiro S.A. - Petrobras has a debt to equity ratio of 0.92 and an interest coverage of 10.3x.
Daily figure as of 13 Nov 2026
Debt / Equity
0.92
Interest coverage
10.3x
Current ratio
0.71
Cash & equivalents
$9.24B
Total assets
$223.28B
Equity ratio
34.1%
Goodwill
$21.9M
Plus intangible assets of $2.51B
Net debt
$60.85B
Total assets and equity ratio
How large the balance sheet of Petróleo Brasileiro S.A. - Petrobras is, how much of it is equity and how much is goodwill from acquisitions.
Equity ratio
Figures as a table
| Year | Total assets | Goodwill and intangible assets | of which goodwill | Equity ratio | Net debt |
|---|---|---|---|---|---|
| 2006 | $98.68B | $243M | $243M | 46.9% | $1.93B |
| 2007 | $129.72B | $313M | $313M | 52.0% | $8.36B |
| 2008 | $125.7B | $118M | $118M | 49.8% | $20.5B |
| 2009 | $200.27B | $139M | $139M | 47.6% | $41.66B |
| 2010 | $310.19B | $48.94B | $544M | 59.9% | $36.32B |
| 2011 | $316.41B | $43.87B | $504M | 54.5% | $54.91B |
| 2012 | $327.4B | $39.74B | $461M | 49.4% | $72.12B |
| 2013 | $321.42B | $15.42B | $400M | 46.4% | $94.57B |
| 2014 | $298.69B | $4.51B | $366M | 39.2% | $106.18B |
| 2015 | $230.52B | $3.09B | $284M | 28.7% | $100.42B |
| 2016 | $246.98B | $3.27B | $220M | 31.4% | $96.38B |
| 2017 | $251.37B | $2.34B | $218M | 32.4% | $84.87B |
| 2018 | $222.07B | $2.81B | $203M | 33.0% | $69.38B |
| 2019 | $229.74B | $19.47B | $63M | 32.3% | $78.86B |
| 2020 | $190.01B | $14.95B | $24M | 31.5% | $63.17B |
| 2021 | $174.35B | $3.03B | $22M | 40.0% | $47.63B |
| 2022 | $187.19B | $2.99B | $24M | 37.3% | $43.03B |
| 2023 | $217.07B | $3.04B | $25M | 36.4% | $47.05B |
| 2024 | $181.65B | $2.26B | $20M | 32.7% | $52.78B |
| 2025 | $223.28B | $2.53B | $21.9M | 34.1% | $60.85B |
The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.
Equity and debt
What the company owns and owes
- Cash & equivalents
- Equity
- Debt
Figures as a table
| Year | Cash & equivalents | Equity | Debt | Debt / Equity |
|---|---|---|---|---|
| 2006 | $13.03B | $44.3B | $14.96B | 0.32 |
| 2007 | $7.25B | $65.18B | $15.62B | 0.23 |
| 2008 | $6.62B | $61.91B | $27.12B | 0.43 |
| 2009 | $16.24B | $94.06B | $57.9B | 0.61 |
| 2010 | $33.27B | $184.11B | $69.59B | 0.37 |
| 2011 | $28.02B | $171.32B | $82.93B | 0.48 |
| 2012 | $23.95B | $160.71B | $96.07B | 0.59 |
| 2013 | $19.75B | $148.53B | $114.33B | 0.77 |
| 2014 | $25.98B | $116.27B | $132.16B | 1.13 |
| 2015 | $25.84B | $65.24B | $126.26B | 1.91 |
| 2016 | $21.99B | $76.78B | $118.37B | 1.53 |
| 2017 | $24.4B | $79.8B | $109.28B | 1.34 |
| 2018 | $14.98B | $71.54B | $84.36B | 1.15 |
| 2019 | $8.26B | $73.32B | $87.12B | 1.17 |
| 2020 | $12.37B | $59.35B | $75.54B | 1.26 |
| 2021 | $11.12B | $69.41B | $58.74B | 0.84 |
| 2022 | $10.77B | $69.49B | $53.8B | 0.77 |
| 2023 | $15.55B | $78.58B | $62.6B | 0.79 |
| 2024 | $7.53B | $59.11B | $60.31B | 1.02 |
| 2025 | $9.24B | $75.88B | $70.09B | 0.92 |
Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 16 Jan 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.