Companhia Catarinense de Águas e Saneamento - CASAN

BOVESPA:CASN3 Stock Report

Market Cap: R$9.9b

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 ratio1.6x
CashR$76.15m
EquityR$1.89b
Total liabilitiesR$2.52b
Total assetsR$4.41b

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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