Valid recorded (ex Leases) gross debt of R$741 million in the 2Q23, 33% of which short term and 67% long term. Net debt stood at R$301 million. We ratify that the required financial indicators comply with the Covenants (Net debt/EBITDA ≤ 3.00x and EBITDA/Financial expenses ≥ 1.75x).
| R$ million | |
|---|---|
| Gross Debt (ex Leases) | 741 |
| Cash | 440 |
| Net Debt | 301 |
| Net Debt/*EBITDA | 0.5 |
| *EBITDA/** Financial expenses | 4.4 |
| Capitalization | On June 30, 2023 (R$ million) |
|---|---|
| Short-term indebtedness | 244.1 |
| Long-term indebtedness | 518.1 |
| Total indebtedness | 762.2 |
| Equity | 1,325.5 |
| Total Capitalization | 2,087.7 |
* Adjusted Ebitda accumulated in the last 12 months.
** Financial expenses accumulated in the last 12 months
