Companhia Paranaense de Energia - COPEL Balance Sheet Health
Financial Health criteria checks 3/6
Companhia Paranaense de Energia - COPEL has a total shareholder equity of R$23.5B and total debt of R$15.1B, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are R$55.7B and R$32.2B respectively. Companhia Paranaense de Energia - COPEL's EBIT is R$2.7B making its interest coverage ratio -5.5. It has cash and short-term investments of R$5.6B.
Key information
64.4%
Debt to equity ratio
R$15.14b
Debt
Interest coverage ratio | -5.5x |
Cash | R$5.56b |
Equity | R$23.51b |
Total liabilities | R$32.19b |
Total assets | R$55.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPLE11's short term assets (R$13.3B) exceed its short term liabilities (R$9.0B).
Long Term Liabilities: CPLE11's short term assets (R$13.3B) do not cover its long term liabilities (R$23.2B).
Debt to Equity History and Analysis
Debt Level: CPLE11's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: CPLE11's debt to equity ratio has increased from 60.2% to 64.4% over the past 5 years.
Debt Coverage: CPLE11's debt is well covered by operating cash flow (22.4%).
Interest Coverage: CPLE11 earns more interest than it pays, so coverage of interest payments is not a concern.