Equatorial Maranhão Distribuidora de Energia Balance Sheet Health
Financial Health criteria checks 4/6
Equatorial Maranhão Distribuidora de Energia has a total shareholder equity of R$3.9B and total debt of R$3.0B, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are R$9.3B and R$5.4B respectively. Equatorial Maranhão Distribuidora de Energia's EBIT is R$987.6M making its interest coverage ratio 30.4. It has cash and short-term investments of R$702.4M.
Key information
77.6%
Debt to equity ratio
R$3.04b
Debt
Interest coverage ratio | 30.4x |
Cash | R$702.41m |
Equity | R$3.92b |
Total liabilities | R$5.40b |
Total assets | R$9.31b |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Equatorial Maranhão Distribuidora de Energia (BVMF:EQMA3B) Have Hit The Brakes
May 07Equatorial Maranhão Distribuidora de Energia's (BVMF:EQMA3B) Profits May Not Reveal Underlying Issues
Apr 01The 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 20Equatorial 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$2.3B) exceed its short term liabilities (R$1.8B).
Long Term Liabilities: EQMA3B's short term assets (R$2.3B) do not cover its long term liabilities (R$3.6B).
Debt to Equity History and Analysis
Debt Level: EQMA3B's net debt to equity ratio (59.6%) is considered high.
Reducing Debt: EQMA3B's debt to equity ratio has reduced from 83.9% to 77.6% over the past 5 years.
Debt Coverage: EQMA3B's debt is well covered by operating cash flow (21.2%).
Interest Coverage: EQMA3B's interest payments on its debt are well covered by EBIT (30.4x coverage).