{"id":299821,"date":"2022-01-13T06:15:00","date_gmt":"2022-01-13T09:15:00","guid":{"rendered":"https:\/\/investnews.com.br\/?p=299821"},"modified":"2025-08-28T12:08:05","modified_gmt":"2025-08-28T15:08:05","slug":"as-empresas-da-bolsa-com-mais-caixa-do-que-dividas","status":"publish","type":"post","link":"https:\/\/investnews.com.br\/financas\/as-empresas-da-bolsa-com-mais-caixa-do-que-dividas\/","title":{"rendered":"As empresas da bolsa com mais caixa do que d\u00edvidas"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"EMPRESAS LISTADAS NA B3 COM MAIS CAIXA DO QUE D\u00cdVIDAS\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/67aNnIDaxLY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Entre as grandes empresas que est\u00e3o listadas na bolsa de valores (B3), s\u00e3o poucas as que possuem d\u00edvidas pequenas. A grande maioria possui d\u00edvidas controladas, poss\u00edveis de serem arcadas.<\/p>\n\n\n\n<p>J\u00e1 outras, mesmo endividadas, possuem muito mais caixa do que d\u00edvidas e poderiam, teoricamente, pagar elas quando quisessem &#8211; o que n\u00e3o significa que isso seja algo bom para as companhias. Muitas vezes, manter d\u00edvidas com taxas de juros baixas costuma ser uma op\u00e7\u00e3o melhor do que zerar o caixa para pag\u00e1-las.  <\/p>\n\n\n\n<p>Nesta quinta-feira, 13, o <strong>Cafe\u00edna<\/strong> traz um levantamento com as empresas listadas na B3 com mais caixa do que d\u00edvida. Para entrar na lista das empresas &#8220;endividadas&#8221; com capacidade de quita\u00e7\u00e3o imediata, foi levado em considera\u00e7\u00e3o estar com uma d\u00edvida bruta m\u00ednima de R$ 1 bilh\u00e3o.<\/p>\n\n\n\n<p><strong>Multilaser, Whirpool, Brisanet, Oncocl\u00ednicas, Weg, Totvs, Hapvida, SmartFit, Lojas Renner, TIM, Cielo, PetroRio, CSN Minera\u00e7\u00e3o e Usiminas<\/strong> despontam na lista.  Destas, a Multilaser tem a menor d\u00edvida, na casa de R$ 1 bilh\u00e3o.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  <strong>EMPRESA<\/strong>\n  <\/td><td>\n  <strong>D\u00cdVIDA BRUTA (R$)&nbsp;&nbsp; <\/strong>\n  <\/td><td>\n  <strong>CAIXA (R$)<\/strong>\n  <\/td><\/tr><tr><td>   <strong>Multilaser <a href=\"https:\/\/investnews.com.br\/cotacao\/mlas3-multilaser\/\" class=\"rank-math-link\">(MLAS3)&nbsp;&nbsp;<\/a><\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  1,08 bilh\u00e3o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>\n  1,65 bilh\u00e3o\n  <\/td><\/tr><tr><td> <strong>  Whirpool (WHRL4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  1,09 bilh\u00e3o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>\n  2,25 bilh\u00f5es\n  <\/td><\/tr><tr><td>   <strong>Brisanet <a href=\"https:\/\/investnews.com.br\/cotacao\/brit3-brisanet\/\" class=\"rank-math-link\">(BRIT3)&nbsp;&nbsp;&nbsp;&nbsp;<\/a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  1,1 bilh\u00e3o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>\n  1,28 bilh\u00e3o\n  <\/td><\/tr><tr><td>  <strong> Oncocl\u00ednicas <a href=\"https:\/\/investnews.com.br\/cotacao\/onco3-oncoclinicas\/\" class=\"rank-math-link\">(ONCO3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a><\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  1,57 bilh\u00e3o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>\n  1,77 bilh\u00e3o\n  <\/td><\/tr><tr><td>   <strong>Weg<a href=\"https:\/\/investnews.com.br\/cotacao\/wege3-weg\/\" class=\"rank-math-link\"> (WEGE3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a><\/strong><a href=\"https:\/\/investnews.com.br\/cotacao\/wege3-weg\/\" class=\"rank-math-link\">&nbsp;<\/a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  1,63 bilh\u00e3o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>\n  2,94 bilh\u00f5es\n  <\/td><\/tr><tr><td>  <strong> Totvs <a href=\"https:\/\/investnews.com.br\/cotacao\/tots3-totvs\/\" class=\"rank-math-link\">(TOTS3)&nbsp;&nbsp;&nbsp;&nbsp;<\/a>&nbsp;&nbsp;&nbsp;&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  1,86 bilh\u00e3o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>\n  2,75 bilh\u00f5es\n  <\/td><\/tr><tr><td>   <strong>Hapvida <a href=\"https:\/\/investnews.com.br\/cotacao\/hapv3-hapvida\/\" class=\"rank-math-link\">(HAPV3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  2,06 bilh\u00f5es&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>\n  2,53 bilh\u00f5es\n  <\/td><\/tr><tr><td>   <strong>SmartFit <a href=\"https:\/\/investnews.com.br\/cotacao\/smft3-smart-fit\/\" class=\"rank-math-link\">(SMFT3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a>&nbsp;&nbsp;&nbsp;&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  3,27 bilh\u00f5es&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\n  \n  <\/td><td>\n  &nbsp;3,32 bilh\u00f5es\n  <\/td><\/tr><tr><td>   <strong>Lojas Renner <a href=\"https:\/\/investnews.com.br\/cotacao\/lren3-lojas-renner\/\" class=\"rank-math-link\">(LREN3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a><\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  3,37 bilh\u00f5es&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>\n  5,79 bilh\u00f5es\n  <\/td><\/tr><tr><td>   <strong>TIM Participa\u00e7\u00f5es <a href=\"https:\/\/investnews.com.br\/cotacao\/timp3-tim-part\/\" class=\"rank-math-link\">(TIMP3)&nbsp;&nbsp;&nbsp;<\/a><\/strong><a href=\"https:\/\/investnews.com.br\/cotacao\/timp3-tim-part\/\" class=\"rank-math-link\">&nbsp;&nbsp;<\/a>      <\/td><td>\n  3,41 bilh\u00f5es&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>\n  &nbsp;7,37 bilh\u00f5es\n  <\/td><\/tr><tr><td>  <strong> Cielo <a href=\"https:\/\/investnews.com.br\/cotacao\/ciel3-cielo\/\" class=\"rank-math-link\">(CIEL3)&nbsp;&nbsp;<\/a>&nbsp;&nbsp;&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  3,96 bilh\u00f5es&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\n  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\n  <\/td><td>\n  7,85 bilh\u00f5es\n  <\/td><\/tr><tr><td>   <strong>PetroRio<a href=\"https:\/\/investnews.com.br\/cotacao\/prio3-petrorio\/\" class=\"rank-math-link\"> (PRIO3)&nbsp;<\/a><\/strong><a href=\"https:\/\/investnews.com.br\/cotacao\/prio3-petrorio\/\" class=\"rank-math-link\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  4,02 bilh\u00f5es&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>\n  4,52 bilh\u00f5es\n  <\/td><\/tr><tr><td>   <strong>CSN Minera\u00e7\u00e3o <a href=\"https:\/\/investnews.com.br\/cotacao\/cmin3-csn-mineracao-sa\/\" class=\"rank-math-link\">(CMIN3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/a><\/strong><a href=\"https:\/\/investnews.com.br\/cotacao\/cmin3-csn-mineracao-sa\/\" class=\"rank-math-link\">&nbsp;<\/a>&nbsp;&nbsp;&nbsp;      <\/td><td>\n  4,65 bilh\u00f5es&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>  12,04 bilh\u00f5es   <\/td><\/tr><tr><td> <strong>  Usiminas <a href=\"https:\/\/investnews.com.br\/cotacao\/usim3-usiminas\/\" class=\"rank-math-link\">(USIM3)&nbsp;&nbsp;&nbsp;<\/a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;    <\/td><td>\n  6,07 bilh\u00f5es&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \n  <\/td><td>\n  &nbsp;7,29 bilh\u00f5es\n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>J\u00e1 entre as 3 companhias com caixa muito superior \u00e0s d\u00edvidas, est\u00e3o: B3 <a href=\"https:\/\/investnews.com.br\/cotacao\/b3sa3-b3\/\" class=\"rank-math-link\">(B3SA3)<\/a>, cuja d\u00edvida bruta \u00e9 de R$ 13,95 bilh\u00f5es e caixa de R$ 23,97 bilh\u00f5es;  SulAmerica <a href=\"https:\/\/investnews.com.br\/cotacao\/sula11-sul-america\/\" class=\"rank-math-link\">(SULA11)<\/a>, com d\u00edvida bruta de R$ 2,09 bilh\u00f5es&nbsp;e caixa de R$ 16,46 bilh\u00f5es; e Ambev <a href=\"https:\/\/investnews.com.br\/cotacao\/abev3-ambev\/\" class=\"rank-math-link\">(ABEV3).<\/a> Essa \u00faltima lidera com folga os seus R$ 20 bilh\u00f5es em caixa e d\u00edvida de R$ 3,02 bilh\u00f5es.  <\/p>\n\n\n\n<p>Na pandemia, mesmo com o fechamento de restaurantes e bares, a<strong> Ambev<\/strong> fez um giro em seus neg\u00f3cios, acelerando o seu servi\u00e7o de delivery (<em>Z\u00e9 Delivery<\/em>), que gerou um impacto muito positivo nas receitas. A companhia acelerou suas vendas online, seja para o atacado como para o varejo, e viu suas receitas n\u00e3o serem impactadas pela pandemia.  <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investnews.com.br\/negocios\/weg-balanco-4o-tri-2021\/\">Lucro da WEG <\/a>supera estimativas no 4\u00ba tri<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Muitas vezes, manter d\u00edvidas com taxas de juros baixas costuma ser uma op\u00e7\u00e3o melhor do que zerar o caixa para pag\u00e1-las. <\/p>\n","protected":false},"author":7,"featured_media":299828,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4],"tags":[226,82,88],"autor-wsj":[],"coauthors":[1569,1494],"class_list":["post-299821","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-financas","tag-bolsa-de-valores","tag-dividas","tag-abev3","post_format-post-format-video"],"acf":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/posts\/299821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/comments?post=299821"}],"version-history":[{"count":5,"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/posts\/299821\/revisions"}],"predecessor-version":[{"id":711035,"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/posts\/299821\/revisions\/711035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/media\/299828"}],"wp:attachment":[{"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/media?parent=299821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/categories?post=299821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/tags?post=299821"},{"taxonomy":"autor-wsj","embeddable":true,"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/autor-wsj?post=299821"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/investnews.com.br\/inv-api\/wp\/v2\/coauthors?post=299821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}