Companhia Estadual de Distribuição de Energia Elétrica Balance Sheet Health
Financial Health criteria checks 0/6
Companhia Estadual de Distribuição de Energia Elétrica has a total shareholder equity of R$-3.7B and total debt of R$4.8B, which brings its debt-to-equity ratio to -129.3%. Its total assets and total liabilities are R$7.4B and R$11.0B respectively. Companhia Estadual de Distribuição de Energia Elétrica's EBIT is R$367.1M making its interest coverage ratio 1.3. It has cash and short-term investments of R$496.5M.
Key information
-129.3%
Debt to equity ratio
R$4.76b
Debt
| Interest coverage ratio | 1.3x |
| Cash | R$496.55m |
| Equity | -R$3.68b |
| Total liabilities | R$11.04b |
| Total assets | R$7.36b |
Recent financial health updates
No updates
Recent updates
Companhia Estadual de Distribuição de Energia Elétrica (BVMF:CEED3) Might Have The Makings Of A Multi-Bagger
Jul 23
It's A Story Of Risk Vs Reward With Companhia Estadual de Distribuição de Energia Elétrica (BVMF:CEED3)
Apr 27Companhia Estadual de Distribuição de Energia Elétrica (BVMF:CEED3) Screens Well But There Might Be A Catch
Dec 28Companhia Estadual de Distribuição de Energia Elétrica (BVMF:CEED3) Shareholders Will Want The ROCE Trajectory To Continue
Oct 05Further Upside For Companhia Estadual de Distribuição de Energia Elétrica (BVMF:CEED3) Shares Could Introduce Price Risks After 27% Bounce
Aug 10Returns On Capital Are Showing Encouraging Signs At Companhia Estadual de Distribuição de Energia Elétrica (BVMF:CEED3)
Jun 20Investors Who Bought Companhia Estadual de Distribuição de Energia Elétrica (BVMF:CEED3) Shares Five Years Ago Are Now Up 160%
Dec 09
Financial Position Analysis
Short Term Liabilities: CEED3 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CEED3 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CEED3 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CEED3's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CEED3 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CEED3 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.9% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/02 12:26 |
| End of Day Share Price | 2024/09/04 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Companhia Estadual de Distribuição de Energia Elétrica 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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