Companhia Paranaense de Energia - COPEL Balance Sheet Health
Financial Health criteria checks 5/6
Companhia Paranaense de Energia - COPEL has a total shareholder equity of R$24.7B and total debt of R$15.0B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are R$55.5B and R$30.7B respectively. Companhia Paranaense de Energia - COPEL's EBIT is R$3.3B making its interest coverage ratio -7. It has cash and short-term investments of R$5.8B.
Key information
60.9%
Debt to equity ratio
R$15.05b
Debt
Interest coverage ratio | -7x |
Cash | R$5.79b |
Equity | R$24.73b |
Total liabilities | R$30.74b |
Total assets | R$55.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPLE5's short term assets (R$13.7B) exceed its short term liabilities (R$9.8B).
Long Term Liabilities: CPLE5's short term assets (R$13.7B) do not cover its long term liabilities (R$20.9B).
Debt to Equity History and Analysis
Debt Level: CPLE5's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: CPLE5's debt to equity ratio has reduced from 67.2% to 60.9% over the past 5 years.
Debt Coverage: CPLE5's debt is well covered by operating cash flow (24.1%).
Interest Coverage: CPLE5 earns more interest than it pays, so coverage of interest payments is not a concern.