Companhia Energética de Brasília - CEB Balance Sheet Health
Financial Health criteria checks 6/6
Companhia Energética de Brasília - CEB has a total shareholder equity of R$1.3B and total debt of R$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are R$1.4B and R$146.8M respectively. Companhia Energética de Brasília - CEB's EBIT is R$134.4M making its interest coverage ratio -1.4. It has cash and short-term investments of R$682.9M.
Key information
0%
Debt to equity ratio
R$0
Debt
Interest coverage ratio | -1.4x |
Cash | R$682.92m |
Equity | R$1.27b |
Total liabilities | R$146.82m |
Total assets | R$1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEBR3's short term assets (R$785.8M) exceed its short term liabilities (R$112.8M).
Long Term Liabilities: CEBR3's short term assets (R$785.8M) exceed its long term liabilities (R$34.0M).
Debt to Equity History and Analysis
Debt Level: CEBR3 is debt free.
Reducing Debt: CEBR3 has no debt compared to 5 years ago when its debt to equity ratio was 57.1%.
Debt Coverage: CEBR3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CEBR3 has no debt, therefore coverage of interest payments is not a concern.