Companhia Distribuidora de Gás do Rio de Janeiro - CEG Balance Sheet Health
Financial Health criteria checks 2/6
Companhia Distribuidora de Gás do Rio de Janeiro - CEG has a total shareholder equity of R$1.5B and total debt of R$1.2B, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are R$4.7B and R$3.2B respectively. Companhia Distribuidora de Gás do Rio de Janeiro - CEG's EBIT is R$908.6M making its interest coverage ratio 6.4. It has cash and short-term investments of R$525.3M.
Key information
78.4%
Debt to equity ratio
R$1.19b
Debt
| Interest coverage ratio | 6.4x |
| Cash | R$525.26m |
| Equity | R$1.52b |
| Total liabilities | R$3.22b |
| Total assets | R$4.74b |
Recent financial health updates
Here's Why Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Can Manage Its Debt Responsibly
Nov 30
Does Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Have A Healthy Balance Sheet?
Apr 18Does Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Have A Healthy Balance Sheet?
Jan 12
Recent updates
Here's Why Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Can Manage Its Debt Responsibly
Nov 30Returns On Capital Are A Standout For Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3)
Apr 07Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Looks To Prolong Its Impressive Returns
Dec 30Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) May Have Issues Allocating Its Capital
Aug 17Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Is Reinvesting To Multiply In Value
May 09Does Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Have A Healthy Balance Sheet?
Apr 18Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Stock Is Going Strong: Have Financials A Role To Play?
Feb 26Here's What Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Strong Returns On Capital Means
Feb 03Does Companhia Distribuidora de Gás do Rio de Janeiro - CEG (BVMF:CEGR3) Have A Healthy Balance Sheet?
Jan 12Did You Participate In Any Of Companhia Distribuidora de Gás do Rio de Janeiro - CEG's (BVMF:CEGR3) Fantastic 243% Return ?
Dec 22Financial Position Analysis
Short Term Liabilities: CEGR3's short term assets (R$1.3B) do not cover its short term liabilities (R$1.3B).
Long Term Liabilities: CEGR3's short term assets (R$1.3B) do not cover its long term liabilities (R$1.9B).
Debt to Equity History and Analysis
Debt Level: CEGR3's net debt to equity ratio (43.8%) is considered high.
Reducing Debt: CEGR3's debt to equity ratio has increased from 59.3% to 78.4% over the past 5 years.
Debt Coverage: CEGR3's debt is well covered by operating cash flow (54.8%).
Interest Coverage: CEGR3's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 08:17 |
| End of Day Share Price | 2024/11/29 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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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 Distribuidora de Gás do Rio de Janeiro - CEG 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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