Eletromidia Balance Sheet Health
Financial Health criteria checks 5/6
Eletromidia has a total shareholder equity of R$1.1B and total debt of R$836.5M, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are R$2.4B and R$1.3B respectively. Eletromidia's EBIT is R$297.7M making its interest coverage ratio 3.9. It has cash and short-term investments of R$442.9M.
Key information
74.6%
Debt to equity ratio
R$836.55m
Debt
| Interest coverage ratio | 3.9x |
| Cash | R$442.92m |
| Equity | R$1.12b |
| Total liabilities | R$1.32b |
| Total assets | R$2.44b |
Recent financial health updates
Recent updates
Investors Appear Satisfied With Eletromidia S.A.'s (BVMF:ELMD3) Prospects As Shares Rocket 59%
Nov 06
Eletromidia S.A. (BVMF:ELMD3) Looks Just Right With A 25% Price Jump
Apr 10We Think Eletromidia (BVMF:ELMD3) Can Stay On Top Of Its Debt
Mar 27Revenues Not Telling The Story For Eletromidia S.A. (BVMF:ELMD3) After Shares Rise 26%
Sep 13News Flash: Analysts Just Made A Notable Upgrade To Their Eletromidia S.A. (BVMF:ELMD3) Forecasts
May 11Financial Position Analysis
Short Term Liabilities: ELMD3's short term assets (R$718.8M) exceed its short term liabilities (R$410.1M).
Long Term Liabilities: ELMD3's short term assets (R$718.8M) do not cover its long term liabilities (R$908.9M).
Debt to Equity History and Analysis
Debt Level: ELMD3's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: ELMD3's debt to equity ratio has reduced from 160.9% to 74.6% over the past 5 years.
Debt Coverage: ELMD3's debt is well covered by operating cash flow (40.9%).
Interest Coverage: ELMD3's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 05:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Eletromidia S.A. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lucca Brendim | BofA Global Research |
| Fred Mendes | BofA Global Research |
| Carlos Palhares Sequeira | BTG Pactual |