Companhia de Eletricidade do Estado da Bahia - COELBA Balance Sheet Health
Financial Health criteria checks 1/6
Companhia de Eletricidade do Estado da Bahia - COELBA has a total shareholder equity of R$6.9B and total debt of R$14.9B, which brings its debt-to-equity ratio to 216.2%. Its total assets and total liabilities are R$28.5B and R$21.6B respectively. Companhia de Eletricidade do Estado da Bahia - COELBA's EBIT is R$3.7B making its interest coverage ratio 3.8. It has cash and short-term investments of R$1.2B.
Key information
216.2%
Debt to equity ratio
R$14.93b
Debt
| Interest coverage ratio | 3.8x |
| Cash | R$1.17b |
| Equity | R$6.90b |
| Total liabilities | R$21.63b |
| Total assets | R$28.53b |
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$5.8B) do not cover its short term liabilities (R$6.7B).
Long Term Liabilities: CEEB3's short term assets (R$5.8B) do not cover its long term liabilities (R$15.0B).
Debt to Equity History and Analysis
Debt Level: CEEB3's net debt to equity ratio (199.2%) is considered high.
Reducing Debt: CEEB3's debt to equity ratio has increased from 131% to 216.2% over the past 5 years.
Debt Coverage: CEEB3's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: CEEB3's interest payments on its debt are well covered by EBIT (3.8x coverage).