Centrais Elétricas Brasileiras - Eletrobrás Balance Sheet Health
Financial Health criteria checks 2/6
Centrais Elétricas Brasileiras - Eletrobrás has a total shareholder equity of R$112.7B and total debt of R$63.8B, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are R$264.4B and R$151.7B respectively. Centrais Elétricas Brasileiras - Eletrobrás's EBIT is R$10.4B making its interest coverage ratio 2.9. It has cash and short-term investments of R$14.1B.
Key information
56.6%
Debt to equity ratio
R$63.78b
Debt
Interest coverage ratio | 2.9x |
Cash | R$14.07b |
Equity | R$112.72b |
Total liabilities | R$151.67b |
Total assets | R$264.38b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELET3's short term assets (R$45.2B) exceed its short term liabilities (R$28.8B).
Long Term Liabilities: ELET3's short term assets (R$45.2B) do not cover its long term liabilities (R$122.9B).
Debt to Equity History and Analysis
Debt Level: ELET3's net debt to equity ratio (44.1%) is considered high.
Reducing Debt: ELET3's debt to equity ratio has reduced from 95.2% to 56.6% over the past 5 years.
Debt Coverage: ELET3's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: ELET3's interest payments on its debt are not well covered by EBIT (2.9x coverage).