Centrais Elétricas Brasileiras - Eletrobrás Balance Sheet Health
Financial Health criteria checks 3/6
Centrais Elétricas Brasileiras - Eletrobrás has a total shareholder equity of R$112.5B and total debt of R$62.9B, which brings its debt-to-equity ratio to 56%. Its total assets and total liabilities are R$267.1B and R$154.6B respectively. Centrais Elétricas Brasileiras - Eletrobrás's EBIT is R$11.5B making its interest coverage ratio 3.3. It has cash and short-term investments of R$16.0B.
Key information
56.0%
Debt to equity ratio
R$62.93b
Debt
Interest coverage ratio | 3.3x |
Cash | R$15.97b |
Equity | R$112.46b |
Total liabilities | R$154.59b |
Total assets | R$267.06b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELET6's short term assets (R$47.9B) exceed its short term liabilities (R$27.2B).
Long Term Liabilities: ELET6's short term assets (R$47.9B) do not cover its long term liabilities (R$127.4B).
Debt to Equity History and Analysis
Debt Level: ELET6's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: ELET6's debt to equity ratio has reduced from 98.8% to 56% over the past 5 years.
Debt Coverage: ELET6's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: ELET6's interest payments on its debt are well covered by EBIT (3.3x coverage).