Companhia de Saneamento de Minas Gerais

BOVESPA:CSMG3 Stock Report

Market Cap: R$8.0b

Companhia de Saneamento de Minas Gerais Balance Sheet Health

Financial Health criteria checks 3/6

Companhia de Saneamento de Minas Gerais has a total shareholder equity of R$7.9B and total debt of R$6.2B, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are R$15.4B and R$7.5B respectively. Companhia de Saneamento de Minas Gerais's EBIT is R$2.0B making its interest coverage ratio 7.4. It has cash and short-term investments of R$1.1B.

Key information

78.3%

Debt to equity ratio

R$6.16b

Debt

Interest coverage ratio7.4x
CashR$1.09b
EquityR$7.87b
Total liabilitiesR$7.49b
Total assetsR$15.36b

Recent financial health updates

Recent updates

Earnings Working Against Companhia de Saneamento de Minas Gerais' (BVMF:CSMG3) Share Price

Dec 24
Earnings Working Against Companhia de Saneamento de Minas Gerais' (BVMF:CSMG3) Share Price

Companhia de Saneamento de Minas Gerais Just Recorded A 11% Revenue Beat: Here's What Analysts Think

Nov 07
Companhia de Saneamento de Minas Gerais Just Recorded A 11% Revenue Beat: Here's What Analysts Think

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Is Doing The Right Things To Multiply Its Share Price

Jul 23
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Is Doing The Right Things To Multiply Its Share Price

Benign Growth For Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Underpins Its Share Price

Jul 02
Benign Growth For Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Underpins Its Share Price

Does Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Have A Healthy Balance Sheet?

Jun 12
Does Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Have A Healthy Balance Sheet?

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has A Pretty Healthy Balance Sheet

Mar 11
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has A Pretty Healthy Balance Sheet

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Is Looking To Continue Growing Its Returns On Capital

Feb 21
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Is Looking To Continue Growing Its Returns On Capital

Improved Earnings Required Before Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Shares Find Their Feet

Jan 29
Improved Earnings Required Before Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Shares Find Their Feet

We Think Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Can Stay On Top Of Its Debt

Nov 07
We Think Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Can Stay On Top Of Its Debt

There's Been No Shortage Of Growth Recently For Companhia de Saneamento de Minas Gerais' (BVMF:CSMG3) Returns On Capital

Oct 18
There's Been No Shortage Of Growth Recently For Companhia de Saneamento de Minas Gerais' (BVMF:CSMG3) Returns On Capital

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Seems To Use Debt Quite Sensibly

Aug 02
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Seems To Use Debt Quite Sensibly

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has A Pretty Healthy Balance Sheet

Apr 10
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has A Pretty Healthy Balance Sheet

Analysts' Revenue Estimates For Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Are Surging Higher

Mar 23
Analysts' Revenue Estimates For Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Are Surging Higher

Returns On Capital At Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Have Stalled

Jan 26
Returns On Capital At Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Have Stalled

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has Some Difficulty Using Its Capital Effectively

Oct 21
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has Some Difficulty Using Its Capital Effectively

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has A Somewhat Strained Balance Sheet

Sep 04
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has A Somewhat Strained Balance Sheet

Is Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Using Too Much Debt?

May 30
Is Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Using Too Much Debt?

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Is Experiencing Growth In Returns On Capital

Mar 08
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Is Experiencing Growth In Returns On Capital

Is Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) A Risky Investment?

Jan 07
Is Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) A Risky Investment?

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Is Doing The Right Things To Multiply Its Share Price

Nov 14
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Is Doing The Right Things To Multiply Its Share Price

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has A Pretty Healthy Balance Sheet

Sep 30
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has A Pretty Healthy Balance Sheet

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Aug 06
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Returns On Capital Are Showing Encouraging Signs At Companhia de Saneamento de Minas Gerais (BVMF:CSMG3)

Jul 22
Returns On Capital Are Showing Encouraging Signs At Companhia de Saneamento de Minas Gerais (BVMF:CSMG3)

We Think Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Can Stay On Top Of Its Debt

May 20
We Think Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Can Stay On Top Of Its Debt

Does Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Have A Place In Your Dividend Portfolio?

Apr 17
Does Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Have A Place In Your Dividend Portfolio?

The Return Trends At Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Look Promising

Apr 02
The Return Trends At Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Look Promising

Could The Market Be Wrong About Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Given Its Attractive Financial Prospects?

Mar 18
Could The Market Be Wrong About Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Given Its Attractive Financial Prospects?

Why You Might Be Interested In Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) For Its Upcoming Dividend

Mar 01
Why You Might Be Interested In Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) For Its Upcoming Dividend

We Think Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Can Stay On Top Of Its Debt

Feb 10
We Think Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Can Stay On Top Of Its Debt

Shareholders of Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Must Be Delighted With Their 428% Total Return

Jan 25
Shareholders of Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Must Be Delighted With Their 428% Total Return

Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has Got What It Takes To Be An Attractive Dividend Stock

Jan 07
Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Has Got What It Takes To Be An Attractive Dividend Stock

Here's What Companhia de Saneamento de Minas Gerais' (BVMF:CSMG3) Shareholder Ownership Structure Looks Like

Dec 23
Here's What Companhia de Saneamento de Minas Gerais' (BVMF:CSMG3) Shareholder Ownership Structure Looks Like

Does Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Have The Makings Of A Multi-Bagger?

Dec 07
Does Companhia de Saneamento de Minas Gerais (BVMF:CSMG3) Have The Makings Of A Multi-Bagger?

Here's What We Like About Companhia de Saneamento de Minas Gerais's (BVMF:CSMG3) Upcoming Dividend

Jun 22
Here's What We Like About Companhia de Saneamento de Minas Gerais's (BVMF:CSMG3) Upcoming Dividend

Financial Position Analysis

Short Term Liabilities: CSMG3's short term assets (R$2.6B) exceed its short term liabilities (R$1.5B).

Long Term Liabilities: CSMG3's short term assets (R$2.6B) do not cover its long term liabilities (R$6.0B).


Debt to Equity History and Analysis

Debt Level: CSMG3's net debt to equity ratio (64.4%) is considered high.

Reducing Debt: CSMG3's debt to equity ratio has increased from 50.9% to 78.3% over the past 5 years.

Debt Coverage: CSMG3's debt is well covered by operating cash flow (32.4%).

Interest Coverage: CSMG3's interest payments on its debt are well covered by EBIT (7.4x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 18:48
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Companhia de Saneamento de Minas Gerais is covered by 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
JOSE ROBLESBanco Brascan S.A.
Felipe MattarBarclays
Rafael Bezerra DiasBB Banco de Investimento S.A.