Centrais Elétricas de Santa Catarina Balance Sheet Health
Financial Health criteria checks 1/6
Centrais Elétricas de Santa Catarina has a total shareholder equity of R$2.9B and total debt of R$3.2B, which brings its debt-to-equity ratio to 108.1%. Its total assets and total liabilities are R$12.3B and R$9.4B respectively. Centrais Elétricas de Santa Catarina's EBIT is R$768.0M making its interest coverage ratio 14.4. It has cash and short-term investments of R$906.2M.
Key information
108.1%
Debt to equity ratio
R$3.17b
Debt
Interest coverage ratio | 14.4x |
Cash | R$906.20m |
Equity | R$2.93b |
Total liabilities | R$9.37b |
Total assets | R$12.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLSC4's short term assets (R$3.4B) do not cover its short term liabilities (R$3.7B).
Long Term Liabilities: CLSC4's short term assets (R$3.4B) do not cover its long term liabilities (R$5.6B).
Debt to Equity History and Analysis
Debt Level: CLSC4's net debt to equity ratio (77.2%) is considered high.
Reducing Debt: CLSC4's debt to equity ratio has increased from 78.9% to 108.1% over the past 5 years.
Debt Coverage: CLSC4's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: CLSC4's interest payments on its debt are well covered by EBIT (14.4x coverage).