Eletromidia Balance Sheet Health
Financial Health criteria checks 4/6
Eletromidia has a total shareholder equity of R$1.2B and total debt of R$1.3B, which brings its debt-to-equity ratio to 113%. Its total assets and total liabilities are R$3.1B and R$1.9B respectively. Eletromidia's EBIT is R$286.7M making its interest coverage ratio 4. It has cash and short-term investments of R$511.6M.
Key information
113.0%
Debt to equity ratio
R$1.32b
Debt
| Interest coverage ratio | 4x |
| Cash | R$511.62m |
| Equity | R$1.16b |
| Total liabilities | R$1.90b |
| Total assets | R$3.06b |
Recent financial health updates
Recent updates
We Think That There Are Issues Underlying Eletromidia's (BVMF:ELMD3) Earnings
Apr 04
Rio De Janeiro Concession Will Strain Cash Flow, But Digital Investments May Strengthen Future Profitability
Feb 12 Substantial investments and acquisitions could strain net margins and cash flow in the short term, impacting financial flexibility and operational efficiencies.Investors Appear Satisfied With Eletromidia S.A.'s (BVMF:ELMD3) Prospects As Shares Rocket 59%
Nov 06Eletromidia 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$879.7M) exceed its short term liabilities (R$516.4M).
Long Term Liabilities: ELMD3's short term assets (R$879.7M) do not cover its long term liabilities (R$1.4B).
Debt to Equity History and Analysis
Debt Level: ELMD3's net debt to equity ratio (69.1%) is considered high.
Reducing Debt: ELMD3's debt to equity ratio has reduced from 155.6% to 113% over the past 5 years.
Debt Coverage: ELMD3's debt is well covered by operating cash flow (21.2%).
Interest Coverage: ELMD3's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/02 16:38 |
| End of Day Share Price | 2025/05/02 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Eletromidia S.A. is covered by 9 analysts. 3 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 |
| Carlos Palhares Sequeira | BTG Pactual |
| Arturo Langa | Itau BBA |