Empresa Metropolitana de Águas e Energia Balance Sheet Health
Financial Health criteria checks 6/6
Empresa Metropolitana de Águas e Energia has a total shareholder equity of R$1.2B and total debt of R$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are R$2.2B and R$1.0B respectively. Empresa Metropolitana de Águas e Energia's EBIT is R$91.4M making its interest coverage ratio -1.9. It has cash and short-term investments of R$407.0M.
Key information
0%
Debt to equity ratio
R$0
Debt
Interest coverage ratio | -1.9x |
Cash | R$406.95m |
Equity | R$1.15b |
Total liabilities | R$1.00b |
Total assets | R$2.15b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: EMAE3's short term assets (R$915.8M) exceed its short term liabilities (R$124.0M).
Long Term Liabilities: EMAE3's short term assets (R$915.8M) exceed its long term liabilities (R$876.6M).
Debt to Equity History and Analysis
Debt Level: EMAE3 is debt free.
Reducing Debt: EMAE3 has no debt compared to 5 years ago when its debt to equity ratio was 8.1%.
Debt Coverage: EMAE3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EMAE3 has no debt, therefore coverage of interest payments is not a concern.