Companhia de Gás de São Paulo - COMGÁS Balance Sheet Health
Financial Health criteria checks 3/6
Companhia de Gás de São Paulo - COMGÁS has a total shareholder equity of R$861.7M and total debt of R$8.3B, which brings its debt-to-equity ratio to 968.7%. Its total assets and total liabilities are R$15.0B and R$14.1B respectively. Companhia de Gás de São Paulo - COMGÁS's EBIT is R$2.8B making its interest coverage ratio 24.1. It has cash and short-term investments of R$3.5B.
Key information
968.7%
Debt to equity ratio
R$8.35b
Debt
Interest coverage ratio | 24.1x |
Cash | R$3.49b |
Equity | R$861.74m |
Total liabilities | R$14.12b |
Total assets | R$14.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGAS5's short term assets (R$5.6B) exceed its short term liabilities (R$5.6B).
Long Term Liabilities: CGAS5's short term assets (R$5.6B) do not cover its long term liabilities (R$8.5B).
Debt to Equity History and Analysis
Debt Level: CGAS5's net debt to equity ratio (563.6%) is considered high.
Reducing Debt: CGAS5's debt to equity ratio has increased from 124.1% to 968.7% over the past 5 years.
Debt Coverage: CGAS5's debt is well covered by operating cash flow (35.2%).
Interest Coverage: CGAS5's interest payments on its debt are well covered by EBIT (24.1x coverage).