Companhia Energética do Rio Grande do Norte - COSERN

BOVESPA:CSRN6 Stock Report

Market Cap: R$2.4b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

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 ratio4.5x
CashR$615.00m
EquityR$1.65b
Total liabilitiesR$4.45b
Total assetsR$6.10b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CSRN6's short term assets (R$1.6B) exceed its short term liabilities (R$905.0M).

Long Term Liabilities: CSRN6'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: CSRN6's net debt to equity ratio (145.2%) is considered high.

Reducing Debt: CSRN6's debt to equity ratio has reduced from 183.2% to 182.3% over the past 5 years.

Debt Coverage: CSRN6's debt is well covered by operating cash flow (25%).

Interest Coverage: CSRN6's interest payments on its debt are well covered by EBIT (4.5x coverage).


Balance Sheet


Discover healthy companies