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).