Inter & Co, Inc. (INTR) Balance Sheet
INTR balance sheet, 2025
December 31, 2025 · Brazilian reaisR$98.56B assets = R$88.17B liabilities + R$10.39B equity
Both columns are drawn to the same scale: what INTR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
INTR financial health
Debt / equity2.92
High leverage · R$2.92 of debt for each $1 of equity
Cash / debt37.1%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles2.1%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal 2025.
INTR balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | R$3.19B2016 | R$98.56B2025 | +46.4%/yr | |
| Total liabilities | R$2.84B2016 | R$88.17B2025 | +46.5%/yr | |
| Shareholders’ equity | R$353.2M2016 | R$10.16B2025 | +45.3%/yr | |
| Cash & short-term investments | R$780.4M2016 | R$11.00B2025 | +34.2%/yr | |
| Total debt | R$37.4M2016 | R$29.63B2025 | +109.9%/yr | |
| Net cash (debt) | R$743.0M2016 | −R$18.63B2025 | −R$19.4B | |
| Working capital | −R$648.0M2016 | −R$9.15B2025 | −R$8.5B | |
| Debt / equity | 0.112016 | 2.922025 | +2.81 | |
| Shares outstanding | 214.3M2016 | 440.2M2025 | +8.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
INTR assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
INTR liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
INTR debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
INTR balance sheet in Brazilian reais
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | R$11.00B | R$27.76B | R$20.51B | R$15.55B | R$16.05B | R$9.68B | R$4.19B | R$1.79B | R$878.5M | R$780.4M |
| Cash & equivalents | R$11.00B | R$6.84B | R$6.28B | R$5.85B | R$4.92B | R$4.39B | R$3.76B | R$1.79B | R$564.1M | R$532.1M |
| Short-term investments | R$4.23B | R$20.91B | R$14.23B | R$9.70B | R$11.14B | R$5.29B | R$428.4M | — | R$314.4M | R$248.3M |
| Receivables | R$287.9M | R$1.19B | R$834.9M | R$469.0M | R$342.9M | R$2.00B | R$773.2M | R$359.0M | R$102.9M | R$32.8M |
| Inventory | R$0 | R$0 | −R$5.09B | −R$9.55B | −R$5.78B | −R$4.90B | −R$4.02B | −R$1.98B | R$0 | R$0 |
| Other current assets | R$0 | R$528.5M | R$5.48B | R$9.90B | R$5.99B | R$4.99B | R$4.05B | R$2.00B | R$26.9M | R$59.1M |
| Total current assets | R$11.00B | R$29.48B | R$21.73B | R$16.36B | R$16.62B | R$11.77B | R$4.99B | R$2.17B | R$1.01B | R$872.3M |
| Property, plant & equipment (net) | R$381.2M | R$369.9M | R$167.5M | R$188.0M | R$163.5M | R$29.9M | R$22.5M | R$13.8M | R$5.5M | R$5.2M |
| Goodwill & intangible assets | R$2.02B | R$1.84B | R$1.35B | R$1.24B | R$430.5M | R$224.5M | R$79.2M | R$26.4M | R$958,000 | R$0 |
| Long-term investments | R$29.22B | R$24.13B | R$17.15B | R$12.59B | R$12.95B | R$5.85B | R$1.16B | R$315.5M | R$0 | R$0 |
| Other non-current assets | R$55.93B | R$20.65B | R$19.96B | R$15.96B | R$6.46B | R$1.92B | R$3.77B | R$3.12B | R$2.56B | R$2.31B |
| Total assets | R$98.56B | R$76.46B | R$60.35B | R$46.34B | R$36.63B | R$19.80B | R$10.02B | R$5.64B | R$3.58B | R$3.19B |
| Liabilities | ||||||||||
| Accounts payable | R$11.99B | R$9.23B | R$7.18B | R$5.48B | R$4.13B | R$12.42B | R$4.99B | R$2.39B | R$56.3M | R$42.7M |
| Short-term debt | R$20.15B | R$1.73B | R$1.02B | R$1.90B | R$973.5M | R$98.9M | R$167.7M | R$1.3M | R$1.4M | — |
| Deferred revenue | — | — | −R$7.18B | −R$9.24B | −R$4.13B | — | — | — | — | — |
| Total current liabilities | R$20.15B | R$54.12B | R$42.18B | R$31.55B | R$23.68B | R$14.15B | R$5.80B | R$2.67B | R$1.61B | R$1.52B |
| Long-term debt | R$14.94B | R$10.02B | R$8.20B | R$6.24B | R$3.60B | R$1.76B | R$694.7M | R$597.0M | R$0 | R$0 |
| Lease obligations | R$118.5M | R$113.7M | R$120.4M | R$146.7M | R$137.1M | — | — | — | — | — |
| Other long-term liabilities | R$53.08B | R$3.24B | R$2.37B | R$1.47B | R$904.4M | R$539.8M | R$1.32B | R$1.43B | R$1.58B | R$1.32B |
| Total liabilities | R$88.17B | R$67.39B | R$52.76B | R$39.25B | R$28.18B | R$16.45B | R$7.82B | R$4.69B | R$3.19B | R$2.84B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | R$12,993 | R$13,000 | R$13,000 | R$13,000 | R$13,000 | R$3.22B | R$2.07B | R$848.8M | R$311.9M | R$298.1M |
| Retained earnings (deficit) | — | — | — | — | R$76.1M | R$83.0M | R$124.9M | R$102.5M | R$73.3M | R$57.4M |
| Accumulated other comprehensive income | R$10.16B | R$8.90B | R$7.47B | R$6.99B | R$2.66B | R$203.0M | −R$1.94B | −R$748.3M | −R$238.4M | −R$241.1M |
| Minority interest | R$223.4M | R$177.1M | R$124.9M | R$96.7M | — | — | — | — | — | — |
| Total shareholders' equity | R$10.16B | R$8.90B | R$7.47B | R$6.99B | R$2.66B | R$3.30B | R$2.20B | R$948.8M | R$383.1M | R$353.2M |
| Key figures | ||||||||||
| Total debt | R$29.63B | R$11.86B | R$9.33B | R$8.29B | R$4.71B | R$1.86B | R$1.93B | R$598.4M | R$623.3M | R$37.4M |
| Net cash (debt) | −R$18.63B | R$15.90B | R$11.18B | R$7.26B | R$11.35B | R$7.83B | R$2.26B | R$1.19B | R$255.2M | R$743.0M |
| Working capital | −R$9.15B | −R$24.65B | −R$20.45B | −R$15.19B | −R$7.06B | −R$2.38B | −R$807.8M | −R$498.5M | −R$606.5M | −R$648.0M |
| Tangible book value | R$8.14B | R$7.06B | R$6.13B | R$5.75B | R$2.23B | R$3.08B | R$2.12B | R$922.4M | R$382.1M | R$353.2M |
| Shares outstanding | 440.2M | 439.0M | 403.1M | 401.2M | 266.2M | 764.4M | 2.11B | 1.65B | 1.29B | 214.3M |
| Current ratio | 0.55 | 0.54 | 0.52 | 0.52 | 0.70 | 0.83 | 0.86 | 0.81 | 0.62 | 0.57 |
| Quick ratio | 0.56 | 0.53 | 0.51 | 0.51 | 0.69 | 0.83 | 0.86 | 0.81 | 0.61 | 0.53 |
| Debt / equity | 2.92 | 1.33 | 1.25 | 1.19 | 1.77 | 0.56 | 0.88 | 0.63 | 1.63 | 0.11 |
| Equity / assets | 10.3% | 11.6% | 12.4% | 15.1% | 7.3% | 16.7% | 21.9% | 16.8% | 10.7% | 11.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | R$10.40B | R$9.63B | R$11.00B | R$32.40B | R$27.79B | R$29.07B | R$27.88B | R$23.38B | R$22.76B | R$21.60B | R$20.51B | R$18.15B |
| Cash & equivalents | R$10.40B | R$9.63B | R$11.00B | R$8.90B | R$7.47B | R$7.10B | R$6.84B | R$5.36B | R$6.98B | R$6.38B | R$6.28B | R$5.44B |
| Short-term investments | R$5.70B | R$5.06B | R$4.23B | R$23.50B | R$20.32B | R$21.97B | R$20.91B | R$18.03B | R$15.78B | R$15.22B | R$14.23B | R$12.70B |
| Receivables | R$332.9M | R$311.1M | R$287.9M | R$1.25B | R$1.39B | R$890.4M | R$1.19B | R$1.08B | R$898.4M | R$1.05B | R$834.9M | R$980.9M |
| Inventory | R$0 | R$0 | R$0 | R$0 | R$0 | R$0 | R$0 | R$0 | −R$3.70B | −R$3.88B | −R$5.09B | −R$11.00B |
| Other current assets | R$0 | R$0 | R$0 | R$694.3M | R$721.2M | R$163.5M | R$528.5M | R$479.0M | R$4.15B | R$4.32B | R$5.48B | R$11.39B |
| Total current assets | R$10.40B | R$9.63B | R$11.00B | R$34.35B | R$29.90B | R$30.13B | R$29.60B | R$24.94B | R$24.11B | R$23.09B | R$21.73B | R$19.53B |
| Property, plant & equipment (net) | R$355.7M | R$359.2M | R$381.2M | R$367.3M | R$377.5M | R$359.2M | R$369.9M | R$360.1M | R$193.6M | R$187.1M | R$167.5M | R$173.7M |
| Goodwill & intangible assets | R$2.13B | R$2.07B | R$2.02B | R$2.01B | R$1.97B | R$1.93B | R$1.84B | R$1.71B | R$1.66B | R$1.60B | R$1.35B | R$1.32B |
| Long-term investments | R$29.81B | R$27.55B | R$29.22B | R$27.34B | R$24.13B | R$24.96B | R$24.13B | R$20.81B | R$18.58B | R$18.48B | R$17.15B | R$15.11B |
| Other non-current assets | R$60.06B | R$58.24B | R$55.93B | R$27.74B | R$28.36B | R$23.19B | R$20.52B | R$22.10B | R$22.02B | R$19.19B | R$19.96B | R$18.94B |
| Total assets | R$102.75B | R$97.86B | R$98.56B | R$91.81B | R$84.73B | R$80.56B | R$76.46B | R$69.93B | R$66.57B | R$62.55B | R$60.35B | R$55.08B |
| Liabilities | ||||||||||||
| Accounts payable | R$12.36B | R$11.97B | R$11.99B | R$11.19B | R$10.68B | R$9.72B | R$9.23B | R$8.60B | R$8.02B | R$7.97B | R$7.18B | R$6.74B |
| Short-term debt | R$31.14B | R$21.42B | R$20.15B | R$3.49B | R$3.09B | R$3.80B | R$1.73B | R$1.78B | R$1.38B | R$1.11B | R$1.02B | R$1.61B |
| Deferred revenue | — | — | — | — | — | — | — | — | −R$8.02B | −R$7.97B | −R$7.18B | −R$6.46B |
| Total current liabilities | R$31.14B | R$21.42B | R$20.15B | R$65.76B | R$60.56B | R$57.46B | R$54.12B | R$49.54B | R$46.90B | R$43.13B | R$42.18B | R$38.49B |
| Long-term debt | R$16.45B | R$15.42B | R$14.94B | R$12.92B | R$11.95B | R$11.10B | R$10.02B | R$9.16B | R$8.64B | R$8.35B | R$8.20B | R$7.55B |
| Lease obligations | R$107.7M | R$111.3M | R$118.5M | R$119.8M | R$125.3M | R$106.7M | R$113.7M | R$119.2M | R$126.1M | R$132.3M | R$120.4M | R$127.7M |
| Other long-term liabilities | R$44.55B | R$50.73B | R$53.08B | R$3.33B | R$2.84B | R$2.99B | R$3.24B | R$2.36B | R$2.43B | R$2.53B | R$2.37B | R$1.67B |
| Total liabilities | R$92.13B | R$87.57B | R$88.17B | R$82.00B | R$75.35B | R$71.55B | R$67.39B | R$61.06B | R$57.97B | R$54.01B | R$52.76B | R$47.71B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | R$12,979 | R$12,840 | R$12,993 | R$13,000 | R$13,000 | R$13,000 | R$13,000 | R$13,000 | R$13,000 | R$13,000 | R$13,000 | R$13,000 |
| Accumulated other comprehensive income | R$10.51B | R$10.07B | R$10.16B | R$9.68B | R$9.29B | R$8.92B | R$8.90B | R$8.71B | R$8.48B | R$8.41B | R$7.47B | R$7.27B |
| Minority interest | R$108.3M | R$218.8M | R$223.4M | R$128.3M | R$98.2M | — | — | — | — | — | — | — |
| Total shareholders' equity | R$10.51B | R$10.07B | R$10.16B | R$9.68B | R$9.29B | R$8.90B | R$8.90B | R$8.71B | R$8.46B | R$8.39B | R$7.47B | R$7.26B |
| Key figures | ||||||||||||
| Total debt | R$32.60B | R$31.19B | R$29.63B | R$16.52B | R$15.16B | R$15.00B | R$11.86B | R$11.06B | R$10.14B | R$9.59B | R$9.33B | R$9.28B |
| Net cash (debt) | −R$22.20B | −R$21.56B | −R$18.63B | R$15.88B | R$12.62B | R$14.07B | R$16.02B | R$12.32B | R$12.62B | R$12.01B | R$11.18B | R$8.87B |
| Working capital | −R$20.74B | −R$11.79B | −R$9.15B | −R$31.41B | −R$30.66B | −R$27.33B | −R$24.52B | −R$24.59B | −R$22.78B | −R$20.04B | −R$20.45B | −R$18.96B |
| Tangible book value | R$8.38B | R$8.00B | R$8.14B | R$7.67B | R$7.32B | R$6.97B | R$7.06B | R$7.00B | R$6.80B | R$6.80B | R$6.13B | R$5.94B |
| Shares outstanding | 447.8M | 445.6M | 441.3M | 448.5M | 443.8M | 439.9M | 441.7M | 438.1M | 435.6M | 426.0M | 407.1M | 401.8M |
| Current ratio | 0.33 | 0.45 | 0.55 | 0.52 | 0.49 | 0.52 | 0.55 | 0.50 | 0.51 | 0.54 | 0.52 | 0.51 |
| Quick ratio | 0.34 | 0.46 | 0.56 | 0.51 | 0.48 | 0.52 | 0.54 | 0.49 | 0.50 | 0.53 | 0.51 | 0.50 |
| Debt / equity | 3.10 | 3.10 | 2.92 | 1.71 | 1.63 | 1.69 | 1.33 | 1.27 | 1.20 | 1.14 | 1.25 | 1.28 |
| Equity / assets | 10.2% | 10.3% | 10.3% | 10.5% | 11.0% | 11.0% | 11.6% | 12.5% | 12.7% | 13.4% | 12.4% | 13.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in Brazilian reais as reported (latest annual report filed December 31, 2025); data from EODHD.
INTR financial position
At the end of fiscal 2025 (December 31, 2025), Inter had total assets of R$98.6 billion (up 28.9% from a year earlier), total liabilities of R$88.2 billion and shareholders' equity of R$10.2 billion. It held R$11.0 billion in cash and short-term investments against R$29.6 billion of debt, net debt of R$18.6 billion. Its current ratio was 0.55. In the latest quarter (ended June 30, 2026) total assets were R$102.8 billion and equity R$10.5 billion.
Related: INTR income statement, INTR cash flow statement, INTR key metrics. See the INTR stock overview for the latest quote and news.
INTR balance sheet FAQ
What are Inter's total assets?
Inter reported total assets of R$98.6 billion at the end of fiscal 2025 (December 31, 2025), compared with R$76.5 billion a year earlier.
How much debt does Inter have?
Inter had R$29.6 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.92.
How much cash does Inter have?
Inter held R$11.0 billion in cash and short-term investments at the end of fiscal 2025; with R$29.6 billion of debt that is net debt of R$18.6 billion.
What is Inter's book value?
Inter's shareholders' equity (book value) was R$10.2 billion at the end of fiscal 2025.
What is Inter's current ratio?
Inter had current assets of R$11.0 billion and current liabilities of R$20.2 billion, a current ratio of 0.55 (current liabilities exceed current assets).
How much goodwill does Inter have?
Inter carried R$2.0 billion of goodwill and intangible assets, 2.1% of total assets, at the end of fiscal 2025.