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$1.1B and total debt of R$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are R$2.1B and R$1.0B respectively. Empresa Metropolitana de Águas e Energia's EBIT is R$66.2M making its interest coverage ratio -1.1. It has cash and short-term investments of R$436.9M.
Key information
0%
Debt to equity ratio
R$0
Debt
Interest coverage ratio | -1.1x |
Cash | R$436.91m |
Equity | R$1.11b |
Total liabilities | R$1.01b |
Total assets | R$2.12b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: EMAE3's short term assets (R$931.5M) exceed its short term liabilities (R$162.5M).
Long Term Liabilities: EMAE3's short term assets (R$931.5M) exceed its long term liabilities (R$846.1M).
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 8.8%.
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.