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Companhia Energética do Rio Grande do Norte - COSERN Balance Sheet Health
Financial Health criteria checks 4/6
Companhia Energética do Rio Grande do Norte - COSERN has a total shareholder equity of R$1.7B and total debt of R$3.0B, which brings its debt-to-equity ratio to 182.3%. Its total assets and total liabilities are R$6.1B and R$4.4B respectively. Companhia Energética do Rio Grande do Norte - COSERN's EBIT is R$941.0M making its interest coverage ratio 4.5. It has cash and short-term investments of R$615.0M.
Key information
182.3%
Debt to equity ratio
R$3.02b
Debt
| Interest coverage ratio | 4.5x |
| Cash | R$615.00m |
| Equity | R$1.65b |
| Total liabilities | R$4.45b |
| Total assets | R$6.10b |
Recent financial health updates
We Think Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Is Taking Some Risk With Its Debt
Mar 01
Here's Why Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Has A Meaningful Debt Burden
Oct 26Does Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Have A Healthy Balance Sheet?
Jun 13Is Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) A Risky Investment?
Mar 11Here's Why Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Can Manage Its Debt Responsibly
Sep 30Is Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Using Too Much Debt?
Jun 28Recent updates
We Think Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Is Taking Some Risk With Its Debt
Mar 01Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Knows How To Allocate Capital Effectively
Jan 22Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Could Be Riskier Than It Looks
Dec 26Here's Why Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Has A Meaningful Debt Burden
Oct 26Why We Like The Returns At Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3)
Aug 31Does Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Have A Healthy Balance Sheet?
Jun 13Returns On Capital Are A Standout For Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3)
May 16Is Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) A Risky Investment?
Mar 11Here's Why Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Can Manage Its Debt Responsibly
Sep 30Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Knows How To Allocate Capital Effectively
Aug 25Is Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Using Too Much Debt?
Jun 28Returns On Capital Are A Standout For Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3)
Mar 29There Are Reasons To Feel Uneasy About Companhia Energética do Rio Grande do Norte - COSERN's (BVMF:CSRN3) Returns On Capital
Jul 06These 4 Measures Indicate That Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Is Using Debt Extensively
May 20Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Will Be Hoping To Turn Its Returns On Capital Around
Mar 26Why Dividend Hunters Love Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3)
Mar 08These 4 Measures Indicate That Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Is Using Debt Extensively
Feb 19Is Companhia Energética do Rio Grande do Norte - COSERN's (BVMF:CSRN3) ROE Of 26% Impressive?
Feb 01
Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) Pays A R$0.30 Dividend In Just Three Days
Jan 03Did You Participate In Any Of Companhia Energética do Rio Grande do Norte - COSERN's (BVMF:CSRN3) Fantastic 142% Return ?
Dec 29We're Watching These Trends At Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3)
Dec 11Is Companhia Energética do Rio Grande do Norte - COSERN (BVMF:CSRN3) The Right Choice For A Smart Dividend Investor?
Nov 21Financial Position Analysis
Short Term Liabilities: CSRN3's short term assets (R$1.6B) exceed its short term liabilities (R$905.0M).
Long Term Liabilities: CSRN3's short term assets (R$1.6B) do not cover its long term liabilities (R$3.5B).
Debt to Equity History and Analysis
Debt Level: CSRN3's net debt to equity ratio (145.2%) is considered high.
Reducing Debt: CSRN3's debt to equity ratio has reduced from 183.2% to 182.3% over the past 5 years.
Debt Coverage: CSRN3's debt is well covered by operating cash flow (25%).
Interest Coverage: CSRN3's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/01 04:44 |
| End of Day Share Price | 2024/08/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 Energética do Rio Grande do Norte - COSERN is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
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