The financial criterion examines the company’s financial health through its financial statements. The indicators cited in the official material are:
- Current Ratio
- General Liquidity
- General Solvency
- Net Financial Leverage
- Equity
Myth: ‘you need liquidity of at least 1.0’
That number comes from Law 14,133 (general public procurement) and is repeated without checking when discussing Petrobras. We checked the official sources: Petrobras does not publish minimum CRC ratio values. Its criteria page says these are the indicators ‘usually considered’, without excluding other indicators or requirements depending on the procurement. The regulation also refers accounting requirements to the tender notice. In other words, the threshold depends on the procurement, not a magic number.
You do not enter the ratios yourself
One operational point confuses many people: the official Assessment Questionnaire guide says financial indicators should not be filled in — the system calculates them from the information you enter under the Credibility requirement. In other words, you enter the balance sheet; the ratios are derived from it.
Why this matters to you
If the ratios come from your balance sheet, the time to act is BEFORE submission. Calculating your indicators beforehand shows how Petrobras will view your company — and whether it is worth adjusting something (or strengthening equity) before using an attempt that cannot be undone.