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$1.5B and R$164.5M respectively. Companhia Energética de Brasília - CEB's EBIT is R$130.4M making its interest coverage ratio -1.5. It has cash and short-term investments of R$693.9M.
Key information
0%
Debt to equity ratio
R$0
Debt
Interest coverage ratio | -1.5x |
Cash | R$693.87m |
Equity | R$1.32b |
Total liabilities | R$164.52m |
Total assets | R$1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEBR6's short term assets (R$813.3M) exceed its short term liabilities (R$101.1M).
Long Term Liabilities: CEBR6's short term assets (R$813.3M) exceed its long term liabilities (R$63.4M).
Debt to Equity History and Analysis
Debt Level: CEBR6 is debt free.
Reducing Debt: CEBR6 has no debt compared to 5 years ago when its debt to equity ratio was 63.3%.
Debt Coverage: CEBR6 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CEBR6 has no debt, therefore coverage of interest payments is not a concern.