Centrais Elétricas Brasileiras - Eletrobrás Balance Sheet Health
Financial Health criteria checks 4/6
Centrais Elétricas Brasileiras - Eletrobrás has a total shareholder equity of R$121.4B and total debt of R$72.5B, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are R$279.8B and R$158.4B respectively. Centrais Elétricas Brasileiras - Eletrobrás's EBIT is R$16.8B making its interest coverage ratio 5.6. It has cash and short-term investments of R$24.6B.
Key information
59.7%
Debt to equity ratio
R$72.46b
Debt
| Interest coverage ratio | 5.6x |
| Cash | R$24.59b |
| Equity | R$121.39b |
| Total liabilities | R$158.41b |
| Total assets | R$279.80b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELET6's short term assets (R$55.1B) exceed its short term liabilities (R$26.8B).
Long Term Liabilities: ELET6's short term assets (R$55.1B) do not cover its long term liabilities (R$131.7B).
Debt to Equity History and Analysis
Debt Level: ELET6's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: ELET6's debt to equity ratio has reduced from 78.3% to 59.7% over the past 5 years.
Debt Coverage: ELET6's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: ELET6's interest payments on its debt are well covered by EBIT (5.6x coverage).