Suzano S.A. (SUZ) quarterly balance sheet — complete assets, liabilities & equity history
Suzano S.A. (SUZ) balance sheet — 21-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 46.79B | 42.23B | 43.85B | 42.58B | 39.91B | 34.48B | 42.18B | 35.78B | 39.12B | 35.87B | 38.57B | 38.23B | 7.89B | 7.47B | 37.12B | 6.7B | 6.61B | 6.68B | 34.1B | 5.45B |
| Cash & Short-Term Investments | 26.23B | 22.35B | 25.1B | 23.57B | 20.37B | 16.43B | 21.99B | 17.13B | 21.61B | 18.88B | 21.17B | 20.47B | 4.1B | 3.35B | 17.05B | 3.3B | 3.83B | 3.97B | 21.1B | 3.43B |
| Cash Only | 16.62B | 12.18B | 15.17B | 15.84B | 12.28B | 9.91B | 9.02B | 5.82B | 7.25B | 4.2B | 8.35B | 5.53B | 2.46B | 939.06M | 9.51B | 1.29B | 1.47B | 2.06B | 13.59B | 2.47B |
| Short-Term Investments | 9.61B | 10.17B | 9.93B | 7.73B | 8.09B | 6.52B | 12.97B | 11.31B | 14.36B | 14.67B | 12.82B | 14.95B | 1.64B | 2.41B | 7.55B | 2.02B | 2.36B | 1.9B | 7.51B | 959.47M |
| Accounts Receivable | 8.7B | 7.44B | 8.96B | 6.13B | 8.73B | 7.77B | 10.24B | 8.57B | 8.21B | 7.52B | 7.74B | 7.58B | 1.66B | 2.15B | 10.16B | 1.86B | 1.38B | 1.23B | 6.9B | 1.06B |
| Days Sales Outstanding | 61.97 | 67.29 | 52.14 | 56.26 | 56.47 | 70.15 | 61.05 | 62.9 | 62.28 | 73.4 | 67.95 | 47.53 | 18.91 | 49.12 | 38.48 | 10.48 | 10.3 | 37.55 | 31.93 | 8.9 |
| Inventory | 8.75B | 8.64B | 8.23B | 8.96B | 8.62B | 8.64B | 7.96B | 7.73B | 7.13B | 6.52B | 5.95B | 6.48B | 1.35B | 1.25B | 5.73B | 1.11B | 1.07B | 1.09B | 4.64B | 861.05M |
| Days Inventory Outstanding | 86.56 | 97.23 | 84.16 | 95.63 | 91.24 | 96.68 | 82.39 | 99.8 | 101.92 | 99.53 | 84.36 | 59.01 | 19.03 | 52.63 | 46.3 | 15.51 | 16.08 | 47.45 | 44.43 | 15.15 |
| Other Current Assets | 3.11B | 3.73B | 1.56B | 3.92B | 2.09B | 1.55B | 1.9B | 2.23B | 2.05B | 2.83B | 3.6B | 3.58B | 776.92M | 728.67M | 4.07B | 426.73M | 327.18M | 393.73M | 1.41B | 94.55M |
| Total Non-Current Assets | 123.99B | 123.59B | 124.01B | 121.84B | 119.51B | 120.77B | 123.75B | 117.43B | 113.97B | 107.53B | 105.02B | 103.39B | 20.77B | 19.23B | 96.08B | 17.08B | 16.84B | 17.09B | 84.87B | 15.36B |
| Property, Plant & Equipment | 96.39B | 69.26B | 95.68B | 69.8B | 70.25B | 70.26B | 70.17B | 69.62B | 67.18B | 65.79B | 64.49B | 62.99B | 16.21B | 14.47B | 55.77B | 12.05B | 11.72B | 11.86B | 42.96B | 9.99B |
| Fixed Asset Turnover | 0.14x | 0.13x | 0.16x | 0.17x | 0.19x | 0.16x | 0.20x | 0.18x | 0.17x | 0.15x | 0.16x | 0.23x | 0.60x | 0.32x | 0.42x | 1.19x | 0.98x | 0.36x | 0.43x | 1.03x |
| Goodwill | 8.17B | 8.22B | 8.18B | 8.38B | 8.37B | 8.42B | 8.42B | 8.42B | 8.42B | 8.42B | 8.42B | 8.42B | 1.66B | 1.58B | 8.25B | 1.48B | 1.53B | 1.69B | 8.25B | 1.47B |
| Intangible Assets | 4.34B | 4.53B | 4.78B | 5.02B | 5.24B | 5.47B | 5.71B | 5.95B | 6.15B | 6.37B | 6.56B | 6.69B | 1.47B | 1.37B | 7.17B | 1.36B | 1.45B | 1.65B | 8.01B | 1.51B |
| Long-Term Investments | 10.67B | 1.1B | 9.94B | 1.74B | 1.82B | 1.43B | 1.59B | 1.69B | 427.85M | 391.37M | 379.13M | 411.07M | 654.09M | 601.52M | 379.12M | 556.29M | 517.69M | 695.34M | 292.32M | 336.94M |
| Other Non-Current Assets | 4.29B | 40.37B | 3.92B | 36.9B | 31.46B | 30.76B | 29.88B | 28.44B | 27.38B | 25.2B | 24.64B | 23.59B | 752.07M | 694.73M | 20.52B | 585.63M | 583.69M | 610.16M | 16.62B | 491.4M |
| Total Assets | 170.78B | 165.83B | 167.85B | 164.42B | 159.42B | 155.24B | 165.94B | 153.21B | 153.09B | 143.4B | 143.59B | 141.62B | 28.66B | 26.7B | 133.2B | 23.78B | 23.45B | 23.77B | 118.98B | 20.81B |
| Asset Turnover | 0.07x | 0.07x | 0.08x | 0.08x | 0.08x | 0.07x | 0.09x | 0.08x | 0.08x | 0.07x | 0.07x | 0.11x | 0.33x | 0.14x | 0.18x | 0.60x | 0.49x | 0.14x | 0.16x | 0.52x |
| Asset Growth % | 7.12% | 6.82% | 1.15% | 7.31% | 4.13% | 8.26% | 15.56% | 8.19% | 434.09% | 437.09% | 7.8% | 495.57% | 22.23% | 12.34% | 11.95% | 14.27% | 13.91% | 28.31% | 507.05% | 11.23% |
| Total Current Liabilities | 13.85B | 12.02B | 13.77B | 13.32B | 12.62B | 13.19B | 24.48B | 16.49B | 15.75B | 12.41B | 14.8B | 13.57B | 3.08B | 3.02B | 14.49B | 2.39B | 2.31B | 1.62B | 11.55B | 1.64B |
| Accounts Payable | 5.58B | 4.98B | 5.14B | 5.43B | 5.95B | 5.67B | 6.03B | 5.34B | 5.06B | 4.94B | 5.57B | 5.91B | 1.32B | 1.31B | 6.21B | 974.72M | 771.86M | 682.17M | 3.29B | 544.44M |
| Days Payables Outstanding | 52.54 | 58.33 | 51.75 | 61.93 | 61.43 | 68.14 | 59.73 | 69.87 | 74.69 | 83.94 | 77.92 | 54.42 | 19.2 | 56.69 | 48.63 | 12.41 | 10.8 | 32.89 | 30.97 | 9.18 |
| Short-Term Debt | 2.94B | 3.43B | 2.34B | 3.79B | 2.88B | 3.43B | 10.5B | 7.72B | 7.25B | 5.04B | 4.76B | 4.62B | 1.06B | 798.78M | 3.34B | 508.92M | 561.14M | 455.92M | 3.66B | 423.24M |
| Deferred Revenue (Current) | 120.08M | 124.08M | 132.34M | 0 | 146.57M | 213.34M | 145.2M | 170.12M | 152.38M | 154.59M | 172.44M | 132.67M | 15.45M | 24.8M | 131.35M | 20.88M | 16.98M | 17.86M | 103.66M | 16.99M |
| Other Current Liabilities | 4.28B | 1.56B | 4.79B | 2.01B | 1.45B | 1.94B | 3.13B | 957.21M | 1.29B | 491.99M | 1.01B | 988.5M | 518.65M | 755.66M | 3.02B | 720.44M | 825.49M | 362.87M | 2.03B | 504.39M |
| Current Ratio | 3.38x | 3.51x | 3.19x | 3.20x | 3.16x | 2.61x | 1.72x | 2.17x | 2.48x | 2.89x | 2.61x | 2.82x | 2.56x | 2.47x | 2.56x | 2.81x | 2.87x | 4.12x | 2.95x | 3.32x |
| Quick Ratio | 2.75x | 2.80x | 2.59x | 2.52x | 2.48x | 1.96x | 1.40x | 1.70x | 2.03x | 2.36x | 2.20x | 2.34x | 2.12x | 2.06x | 2.17x | 2.34x | 2.40x | 3.45x | 2.55x | 2.79x |
| Cash Conversion Cycle | 95.98 | 106.19 | 84.54 | 89.97 | 86.28 | 98.69 | 83.71 | 92.83 | 89.51 | 89 | 74.39 | 52.12 | 18.74 | 45.06 | 36.15 | 13.58 | 15.58 | 52.1 | 45.38 | 14.88 |
| Total Non-Current Liabilities | 107.16B | 105.63B | 110.16B | 105.84B | 103.53B | 103.52B | 109.04B | 95.12B | 96.73B | 86.26B | 83.99B | 86.17B | 16.73B | 16.12B | 85.54B | 16.21B | 16.52B | 16.8B | 92.25B | 16.67B |
| Long-Term Debt | 88.24B | 87.3B | 97.82B | 89.17B | 88.75B | 87.61B | 90.93B | 80.05B | 81.37B | 73.91B | 72.41B | 73.93B | 14.3B | 13.51B | 71.24B | 13.54B | 13.72B | 14B | 75.97B | 13.74B |
| Capital Lease Obligations | 5.82B | 5.86B | 6.07B | 6B | 5.95B | 5.98B | 6.1B | 5.81B | 5.81B | 5.53B | 5.49B | 5.63B | 1.14B | 1.09B | 5.51B | 1.03B | 1.03B | 1.06B | 5.27B | 923.18M |
| Deferred Tax Liabilities | 1.64B | 774.87M | 0 | 0 | 0 | 0 | 12.6M | 12.6M | 12.6M | 12.6M | 11.38M | 24.31M | 2.36M | 2.24M | 1.12M | 206.7K | 213.79K | 235.27K | 0 | 0 |
| Other Non-Current Liabilities | 11.45B | 11.69B | 6.19B | 10.67B | 8.76B | 9.85B | 11.92B | 9.17B | 9.46B | 6.73B | 6B | 6.49B | 1.26B | 1.5B | 8.65B | 1.61B | 1.75B | 1.71B | 10.86B | 1.97B |
| Total Liabilities | 121.01B | 117.64B | 123.92B | 119.16B | 116.15B | 116.71B | 133.52B | 111.61B | 112.48B | 98.67B | 98.78B | 99.74B | 19.81B | 19.14B | 100.03B | 18.59B | 18.83B | 18.42B | 103.8B | 18.31B |
| Total Debt | 97B | 97.5B | 106.22B | 99.81B | 98.42B | 97.89B | 108.41B | 94.38B | 95.23B | 85.24B | 83.42B | 84.94B | 16.5B | 15.4B | 80.76B | 15.08B | 15.31B | 15.52B | 85.52B | 15.09B |
| Net Debt | 80.38B | 85.32B | 91.05B | 83.97B | 86.13B | 87.98B | 99.39B | 88.56B | 87.98B | 81.04B | 75.07B | 79.41B | 14.04B | 14.46B | 71.25B | 13.79B | 13.83B | 13.46B | 71.93B | 12.61B |
| Debt / Equity | 1.95x | 2.02x | 2.42x | 2.21x | 2.27x | 2.54x | 3.34x | 2.27x | 2.34x | 1.91x | 1.86x | 2.03x | 1.86x | 2.04x | 2.43x | 2.91x | 3.31x | 2.91x | 5.64x | 6.04x |
| Debt / EBITDA | 19.34x | 21.02x | 18.20x | 21.02x | 16.72x | 20.98x | 15.20x | 14.72x | 14.12x | 18.80x | 16.87x | 23.44x | 3.36x | 2.54x | 8.76x | 1.70x | 2.37x | 3.06x | 12.95x | 2.37x |
| Net Debt / EBITDA | 16.03x | 18.40x | 15.60x | 17.68x | 14.63x | 18.85x | 13.94x | 13.81x | 13.05x | 17.87x | 15.18x | 21.92x | 2.86x | 2.39x | 7.73x | 1.56x | 2.14x | 2.65x | 10.89x | 1.98x |
| Interest Coverage | 1.04x | 5.22x | 1.08x | 2.85x | 5.54x | 1.64x | 2.38x | 4.18x | -4.60x | 2.08x | 27.20x | -0.54x | 7.62x | 6.74x | 8.71x | 5.46x | -1.11x | 16.91x | 14.02x | -1.60x |
| Total Equity | 49.77B | 48.18B | 43.93B | 45.26B | 43.27B | 38.54B | 32.42B | 41.6B | 40.61B | 44.72B | 44.81B | 41.88B | 8.85B | 7.55B | 33.17B | 5.19B | 4.62B | 5.34B | 15.18B | 2.5B |
| Equity Growth % | 15.03% | 25.03% | 35.52% | 8.79% | 6.54% | -13.84% | -27.66% | -0.66% | 358.84% | 492.05% | 35.11% | 707.29% | 91.54% | 41.43% | 118.56% | 107.55% | 58.96% | 560.37% | 974.26% | 867.69% |
| Book Value per Share | 40.17 | 38.89 | 35.54 | 36.53 | 35.01 | 31.11 | 26.16 | 33.15 | 31.65 | 34.77 | 34.68 | 32.24 | 6.81 | 5.72 | 25.20 | 3.94 | 3.43 | 3.96 | 11.25 | 1.85 |
| Total Shareholders' Equity | 49.62B | 48.04B | 43.79B | 45.12B | 43.14B | 38.4B | 32.28B | 41.47B | 40.49B | 44.6B | 44.69B | 41.76B | 8.83B | 7.53B | 33.06B | 5.17B | 4.6B | 5.32B | 15.08B | 2.48B |
| Common Stock | 24.21B | 24.24B | 24.22B | 19.24B | 19.24B | 19.24B | 19.27B | 19.24B | 19.24B | 9.24B | 9.24B | 9.24B | 1.91B | 1.82B | 9.24B | 1.71B | 1.77B | 1.94B | 9.24B | 1.69B |
| Retained Earnings | 6.12B | 4.33B | 0 | 26.38B | 11.43B | 6.36B | 12.98B | -268.66M | -3.52B | 233.27M | 0 | 9.66B | 2.15B | 1.04B | 24.21B | 2.96B | 2.02B | 2.17B | 3.93B | 458.49M |
| Treasury Stock | -1.62B | -1.5B | -1.51B | -1.51B | -1.51B | -1.37B | -1.34B | -1.34B | -1.3B | -935.47M | -1.48B | -1.48B | -286.4M | -136.16M | -2.12B | -392.01M | -156.32M | -45.43M | -218.26M | -40.06M |
| Accumulated OCI | 20.91B | 20.97B | 21.08B | 1.01B | 13.98B | 14.18B | 1.38B | 23.84B | 26.08B | 36.07B | 36.94B | 24.35B | 5.05B | 4.81B | 25.95B | 892.01M | 976.3M | 1.25B | 2.13B | 367.59M |
| Minority Interest | 153.38M | 146.72M | 140.06M | 140.02M | 133.49M | 137.38M | 131.31M | 131.01M | 119.27M | 120.82M | 117.53M | 115.46M | 23.33M | 21.58M | 105.33M | 19.7M | 20.02M | 21.01M | 99.66M | 18.42M |