Equatorial Maranhão Distribuidora de Energia Balance Sheet Health
Financial Health criteria checks 2/6
Equatorial Maranhão Distribuidora de Energia has a total shareholder equity of R$3.8B and total debt of R$3.2B, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are R$9.4B and R$5.6B respectively. Equatorial Maranhão Distribuidora de Energia's EBIT is R$975.5M making its interest coverage ratio 66.5. It has cash and short-term investments of R$968.1M.
Key information
85.6%
Debt to equity ratio
R$3.22b
Debt
| Interest coverage ratio | 66.5x |
| Cash | R$968.08m |
| Equity | R$3.76b |
| Total liabilities | R$5.59b |
| Total assets | R$9.35b |
Recent financial health updates
No updates
Recent updates
Equatorial Maranhão Distribuidora de Energia's (BVMF:EQMA3B) Profits May Not Reveal Underlying Issues
Apr 01
The Returns At Equatorial Maranhão Distribuidora de Energia (BVMF:EQMA3B) Aren't Growing
Jul 10Equatorial Maranhão Distribuidora de Energia's (BVMF:EQMA3B) Conservative Accounting Might Explain Soft Earnings
Aug 22The Trend Of High Returns At Equatorial Maranhão Distribuidora de Energia (BVMF:EQMA3B) Has Us Very Interested
Aug 02Investors Will Want Equatorial Maranhão Distribuidora de Energia's (BVMF:EQMA3B) Growth In ROCE To Persist
Aug 26Our Take On The Returns On Capital At Equatorial Maranhão Distribuidora de Energia (BVMF:EQMA3B)
Mar 08Is Equatorial Maranhão Distribuidora de Energia S.A. (BVMF:EQMA3B) A Good Fit For Your Dividend Portfolio?
Jan 20
Equatorial Maranhão Distribuidora de Energia S.A.'s (BVMF:EQMA3B) Stock Been Rising: Are Strong Financials Guiding The Market?
Dec 29Should We Be Excited About The Trends Of Returns At Equatorial Maranhão Distribuidora de Energia (BVMF:EQMA3B)?
Dec 08Financial Position Analysis
Short Term Liabilities: EQMA3B's short term assets (R$2.6B) exceed its short term liabilities (R$1.8B).
Long Term Liabilities: EQMA3B's short term assets (R$2.6B) do not cover its long term liabilities (R$3.8B).
Debt to Equity History and Analysis
Debt Level: EQMA3B's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: EQMA3B's debt to equity ratio has increased from 83.3% to 85.6% over the past 5 years.
Debt Coverage: EQMA3B's debt is not well covered by operating cash flow (16%).
Interest Coverage: EQMA3B's interest payments on its debt are well covered by EBIT (66.5x coverage).