Companhia Catarinense de Águas e Saneamento - CASAN Balance Sheet Health
Financial Health criteria checks 1/6
Companhia Catarinense de Águas e Saneamento - CASAN has a total shareholder equity of R$1.9B and total debt of R$1.7B, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are R$4.4B and R$2.5B respectively. Companhia Catarinense de Águas e Saneamento - CASAN's EBIT is R$249.7M making its interest coverage ratio 1.6. It has cash and short-term investments of R$76.1M.
Key information
92.3%
Debt to equity ratio
R$1.74b
Debt
| Interest coverage ratio | 1.6x |
| Cash | R$76.15m |
| Equity | R$1.89b |
| Total liabilities | R$2.52b |
| Total assets | R$4.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CASN3's short term assets (R$524.6M) do not cover its short term liabilities (R$755.3M).
Long Term Liabilities: CASN3's short term assets (R$524.6M) do not cover its long term liabilities (R$1.8B).
Debt to Equity History and Analysis
Debt Level: CASN3's net debt to equity ratio (88.2%) is considered high.
Reducing Debt: CASN3's debt to equity ratio has reduced from 96.5% to 92.3% over the past 5 years.
Debt Coverage: CASN3's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: CASN3's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/26 21:02 |
| End of Day Share Price | 2023/04/28 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
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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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
Companhia Catarinense de Águas e Saneamento - CASAN is covered by 0 analysts. 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 |
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