Centrais Elétricas de Santa Catarina Balance Sheet Health
Financial Health criteria checks 2/6
Centrais Elétricas de Santa Catarina has a total shareholder equity of R$3.4B and total debt of R$4.3B, which brings its debt-to-equity ratio to 128.2%. Its total assets and total liabilities are R$13.4B and R$10.0B respectively. Centrais Elétricas de Santa Catarina's EBIT is R$959.1M making its interest coverage ratio 13.5. It has cash and short-term investments of R$1.3B.
Key information
128.2%
Debt to equity ratio
R$4.34b
Debt
| Interest coverage ratio | 13.5x |
| Cash | R$1.34b |
| Equity | R$3.38b |
| Total liabilities | R$10.04b |
| Total assets | R$13.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLSC3's short term assets (R$4.2B) exceed its short term liabilities (R$3.2B).
Long Term Liabilities: CLSC3's short term assets (R$4.2B) do not cover its long term liabilities (R$6.8B).
Debt to Equity History and Analysis
Debt Level: CLSC3's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: CLSC3's debt to equity ratio has increased from 75.5% to 128.2% over the past 5 years.
Debt Coverage: CLSC3's debt is not well covered by operating cash flow (0.07%).
Interest Coverage: CLSC3's interest payments on its debt are well covered by EBIT (13.5x coverage).