Eneva Balance Sheet Health
Financial Health criteria checks 1/6
Eneva has a total shareholder equity of R$15.0B and total debt of R$19.8B, which brings its debt-to-equity ratio to 131.9%. Its total assets and total liabilities are R$43.1B and R$28.1B respectively. Eneva's EBIT is R$2.7B making its interest coverage ratio 2.1. It has cash and short-term investments of R$2.4B.
Key information
131.9%
Debt to equity ratio
R$19.84b
Debt
| Interest coverage ratio | 2.1x |
| Cash | R$2.39b |
| Equity | R$15.04b |
| Total liabilities | R$28.05b |
| Total assets | R$43.09b |
Recent financial health updates
Here's Why Eneva (BVMF:ENEV3) Has A Meaningful Debt Burden
Sep 17
Here's Why Eneva (BVMF:ENEV3) Is Weighed Down By Its Debt Load
Jun 16Does Eneva (BVMF:ENEV3) Have A Healthy Balance Sheet?
Feb 15We Think Eneva (BVMF:ENEV3) Is Taking Some Risk With Its Debt
Nov 11Eneva (BVMF:ENEV3) Has A Somewhat Strained Balance Sheet
Aug 09Is Eneva (BVMF:ENEV3) Using Too Much Debt?
May 10Recent updates
Revenues Tell The Story For Eneva S.A. (BVMF:ENEV3)
Apr 14Eneva S.A. Just Missed EPS By 68%: Here's What Analysts Think Will Happen Next
Mar 16Here's Why Eneva (BVMF:ENEV3) Has A Meaningful Debt Burden
Sep 17Here's Why Eneva (BVMF:ENEV3) Is Weighed Down By Its Debt Load
Jun 16What Does The Future Hold For Eneva S.A. (BVMF:ENEV3)? These Analysts Have Been Cutting Their Estimates
May 26Does Eneva (BVMF:ENEV3) Have A Healthy Balance Sheet?
Feb 15We Think Eneva (BVMF:ENEV3) Is Taking Some Risk With Its Debt
Nov 11Eneva (BVMF:ENEV3) Has A Somewhat Strained Balance Sheet
Aug 09Is Eneva (BVMF:ENEV3) Using Too Much Debt?
May 10These 4 Measures Indicate That Eneva (BVMF:ENEV3) Is Using Debt Reasonably Well
Feb 05Here's Why Eneva (BVMF:ENEV3) Has A Meaningful Debt Burden
Nov 04Growth Investors: Industry Analysts Just Upgraded Their Eneva S.A. (BVMF:ENEV3) Revenue Forecasts By 18%
Aug 08Eneva (BVMF:ENEV3) Takes On Some Risk With Its Use Of Debt
Jul 28What You Need To Know About The Eneva S.A. (BVMF:ENEV3) Analyst Downgrade Today
Jul 07News Flash: Analysts Just Made A Stunning Upgrade To Their Eneva S.A. (BVMF:ENEV3) Forecasts
May 17Revenue Beat: Eneva S.A. Exceeded Revenue Forecasts By 16% And Analysts Are Updating Their Estimates
May 16Eneva (BVMF:ENEV3) Has A Pretty Healthy Balance Sheet
Apr 08Is Eneva S.A.'s (BVMF:ENEV3) 9.4% ROE Worse Than Average?
Mar 10If You Had Bought Eneva (BVMF:ENEV3) Stock Five Years Ago, You Could Pocket A 519% Gain Today
Feb 10
What You Need To Know About Eneva S.A.'s (BVMF:ENEV3) Investor Composition
Jan 23Is Eneva (BVMF:ENEV3) A Risky Investment?
Jan 08Should You Use Eneva's (BVMF:ENEV3) Statutory Earnings To Analyse It?
Dec 24Based On Its ROE, Is Eneva S.A. (BVMF:ENEV3) A High Quality Stock?
Dec 09Is It Too Late To Consider Buying Eneva S.A. (BVMF:ENEV3)?
Nov 24Why We're Not Concerned About Eneva S.A.'s (BVMF:ENEV3) Share Price
Sep 08Eneva S.A.'s (BVMF:ENEV3) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Aug 24Financial Position Analysis
Short Term Liabilities: ENEV3's short term assets (R$5.3B) exceed its short term liabilities (R$4.2B).
Long Term Liabilities: ENEV3's short term assets (R$5.3B) do not cover its long term liabilities (R$23.8B).
Debt to Equity History and Analysis
Debt Level: ENEV3's net debt to equity ratio (116%) is considered high.
Reducing Debt: ENEV3's debt to equity ratio has increased from 80.4% to 131.9% over the past 5 years.
Debt Coverage: ENEV3's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: ENEV3's interest payments on its debt are not well covered by EBIT (2.1x coverage).