Elektro Redes Balance Sheet Health
Financial Health criteria checks 3/6
Elektro Redes has a total shareholder equity of R$3.2B and total debt of R$5.8B, which brings its debt-to-equity ratio to 180.8%. Its total assets and total liabilities are R$11.6B and R$8.4B respectively. Elektro Redes's EBIT is R$2.0B making its interest coverage ratio 5.2. It has cash and short-term investments of R$1.1B.
Key information
180.8%
Debt to equity ratio
R$5.85b
Debt
Interest coverage ratio | 5.2x |
Cash | R$1.09b |
Equity | R$3.24b |
Total liabilities | R$8.36b |
Total assets | R$11.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EKTR4's short term assets (R$3.7B) exceed its short term liabilities (R$3.0B).
Long Term Liabilities: EKTR4's short term assets (R$3.7B) do not cover its long term liabilities (R$5.4B).
Debt to Equity History and Analysis
Debt Level: EKTR4's net debt to equity ratio (147.2%) is considered high.
Reducing Debt: EKTR4's debt to equity ratio has increased from 172.4% to 180.8% over the past 5 years.
Debt Coverage: EKTR4's debt is well covered by operating cash flow (25.6%).
Interest Coverage: EKTR4's interest payments on its debt are well covered by EBIT (5.2x coverage).