Valid recorded (ex Leases) gross debt of R$686 million in the 1Q23, 26% of which short term and 74% long term. Net debt stood at R$67 million. We ratify that the required financial indicators comply with the Covenants (Net debt/EBITDA ≤ 3.00x and EBITDA/Financial expenses ≥ 1.75x).
| R$ million | |
|---|---|
| Gross Debt (ex Leases) | 686 |
| Cash | -755 |
| Net Debt | -67 |
| Net Debt/*EBITDA | -0.1 |
| *EBITDA/** Financial expenses | 5.3 |
| Capitalization | On March 31, 2024 (R$ million) |
|---|---|
| Short-term indebtedness | 183 |
| Long-term indebtedness | 517 |
| Total indebtedness | 701 |
| Equity | 1,539 |
| Total Capitalization | 2,240 |
* Adjusted Ebitda accumulated in the last 12 months.
** Financial expenses accumulated in the last 12 months
