Companhia Paranaense de Energia - COPEL Balance Sheet Health
Financial Health criteria checks 4/6
Companhia Paranaense de Energia - COPEL has a total shareholder equity of R$25.5B and total debt of R$16.2B, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are R$56.6B and R$31.1B respectively. Companhia Paranaense de Energia - COPEL's EBIT is R$4.0B making its interest coverage ratio -5.5. It has cash and short-term investments of R$7.6B.
Key information
63.7%
Debt to equity ratio
R$16.23b
Debt
| Interest coverage ratio | -5.5x |
| Cash | R$7.59b |
| Equity | R$25.47b |
| Total liabilities | R$31.09b |
| Total assets | R$56.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPLE6's short term assets (R$14.9B) exceed its short term liabilities (R$10.3B).
Long Term Liabilities: CPLE6's short term assets (R$14.9B) do not cover its long term liabilities (R$20.7B).
Debt to Equity History and Analysis
Debt Level: CPLE6's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: CPLE6's debt to equity ratio has increased from 61.5% to 63.7% over the past 5 years.
Debt Coverage: CPLE6's debt is well covered by operating cash flow (22.1%).
Interest Coverage: CPLE6 earns more interest than it pays, so coverage of interest payments is not a concern.