Companhia de Eletricidade do Estado da Bahia - COELBA Balance Sheet Health
Financial Health criteria checks 2/6
Companhia de Eletricidade do Estado da Bahia - COELBA has a total shareholder equity of R$7.0B and total debt of R$14.5B, which brings its debt-to-equity ratio to 208.1%. Its total assets and total liabilities are R$28.9B and R$22.0B respectively. Companhia de Eletricidade do Estado da Bahia - COELBA's EBIT is R$3.8B making its interest coverage ratio 3.7. It has cash and short-term investments of R$767.0M.
Key information
208.1%
Debt to equity ratio
R$14.48b
Debt
| Interest coverage ratio | 3.7x |
| Cash | R$767.00m |
| Equity | R$6.96b |
| Total liabilities | R$21.98b |
| Total assets | R$28.94b |
Recent financial health updates
Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Has A Somewhat Strained Balance Sheet
Mar 07
Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Use Of Debt Could Be Considered Risky
Nov 11Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Seems To Be Using A Lot Of Debt
Aug 03Is Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Using Too Much Debt?
Dec 27Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Takes On Some Risk With Its Use Of Debt
Aug 19Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Takes On Some Risk With Its Use Of Debt
May 11Recent updates
Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Is Looking To Continue Growing Its Returns On Capital
Apr 16Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Has A Somewhat Strained Balance Sheet
Mar 07Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Use Of Debt Could Be Considered Risky
Nov 11The Return Trends At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Look Promising
Sep 26Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Seems To Be Using A Lot Of Debt
Aug 03Returns At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Are On The Way Up
Jun 19Returns On Capital Are Showing Encouraging Signs At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)
Jan 21Is Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Using Too Much Debt?
Dec 27Returns On Capital Are Showing Encouraging Signs At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)
Sep 13Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Takes On Some Risk With Its Use Of Debt
Aug 19Returns On Capital Are Showing Encouraging Signs At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)
Jun 08Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Takes On Some Risk With Its Use Of Debt
May 11Companhia de Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) Returns On Capital Are Heading Higher
Dec 09Returns Are Gaining Momentum At Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)
Jul 27Is Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) A Risky Investment?
May 28Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Has More To Do To Multiply In Value Going Forward
Apr 10Should You Be Impressed By Companhiade Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) ROE?
Mar 20Companhiade Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) Earnings Are Growing But Is There More To The Story?
Feb 06
Shareholders Of Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Must Be Happy With Their 105% Total Return
Jan 19Our Take On The Returns On Capital At Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)
Dec 31What Companhiade Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) ROE Can Tell Us
Dec 14Here's Why Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Has A Meaningful Debt Burden
Nov 26Financial Position Analysis
Short Term Liabilities: CEEB3's short term assets (R$5.1B) do not cover its short term liabilities (R$6.7B).
Long Term Liabilities: CEEB3's short term assets (R$5.1B) do not cover its long term liabilities (R$15.3B).
Debt to Equity History and Analysis
Debt Level: CEEB3's net debt to equity ratio (197.1%) is considered high.
Reducing Debt: CEEB3's debt to equity ratio has increased from 149.1% to 208.1% over the past 5 years.
Debt Coverage: CEEB3's debt is well covered by operating cash flow (20.3%).
Interest Coverage: CEEB3's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 20:14 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
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Analyst Sources
Companhia de Eletricidade do Estado da Bahia - COELBA is covered by 0 analysts. 0 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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