Equatorial Energia Balance Sheet Health
Financial Health criteria checks 3/6
Equatorial Energia has a total shareholder equity of R$29.8B and total debt of R$51.8B, which brings its debt-to-equity ratio to 174%. Its total assets and total liabilities are R$112.4B and R$82.6B respectively. Equatorial Energia's EBIT is R$8.6B making its interest coverage ratio 3.1. It has cash and short-term investments of R$9.9B.
Key information
174.0%
Debt to equity ratio
R$51.81b
Debt
| Interest coverage ratio | 3.1x |
| Cash | R$9.92b |
| Equity | R$29.78b |
| Total liabilities | R$82.60b |
| Total assets | R$112.39b |
Recent financial health updates
These 4 Measures Indicate That Equatorial Energia (BVMF:EQTL3) Is Using Debt Extensively
Oct 08
These 4 Measures Indicate That Equatorial Energia (BVMF:EQTL3) Is Using Debt Extensively
Jun 12Is Equatorial Energia (BVMF:EQTL3) Using Too Much Debt?
Feb 07We Think Equatorial Energia (BVMF:EQTL3) Is Taking Some Risk With Its Debt
Oct 26Equatorial Energia (BVMF:EQTL3) Takes On Some Risk With Its Use Of Debt
Jul 21Equatorial Energia (BVMF:EQTL3) Seems To Be Using A Lot Of Debt
Apr 18Recent updates
These 4 Measures Indicate That Equatorial Energia (BVMF:EQTL3) Is Using Debt Extensively
Oct 08The Price Is Right For Equatorial Energia S.A. (BVMF:EQTL3)
Aug 14These 4 Measures Indicate That Equatorial Energia (BVMF:EQTL3) Is Using Debt Extensively
Jun 12Earnings Tell The Story For Equatorial Energia S.A. (BVMF:EQTL3)
May 10Equatorial Energia S.A. (BVMF:EQTL3) Annual Results: Here's What Analysts Are Forecasting For This Year
Mar 29Is Equatorial Energia (BVMF:EQTL3) Using Too Much Debt?
Feb 07We Think Equatorial Energia (BVMF:EQTL3) Is Taking Some Risk With Its Debt
Oct 26Equatorial Energia (BVMF:EQTL3) Takes On Some Risk With Its Use Of Debt
Jul 21Equatorial Energia (BVMF:EQTL3) Seems To Be Using A Lot Of Debt
Apr 18Equatorial Energia (BVMF:EQTL3) Takes On Some Risk With Its Use Of Debt
Jan 16Equatorial Energia (BVMF:EQTL3) Has A Somewhat Strained Balance Sheet
Oct 17Is Equatorial Energia (BVMF:EQTL3) A Risky Investment?
Jul 18Equatorial Energia (BVMF:EQTL3) Takes On Some Risk With Its Use Of Debt
Jan 05Equatorial Energia (BVMF:EQTL3) Has Some Way To Go To Become A Multi-Bagger
Nov 23Equatorial Energia (BVMF:EQTL3) Has A Somewhat Strained Balance Sheet
Sep 29These 4 Measures Indicate That Equatorial Energia (BVMF:EQTL3) Is Using Debt Extensively
Jun 24There's Been No Shortage Of Growth Recently For Equatorial Energia's (BVMF:EQTL3) Returns On Capital
May 19Results: Equatorial Energia S.A. Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 27Equatorial Energia (BVMF:EQTL3) Has A Somewhat Strained Balance Sheet
Mar 18Is Equatorial Energia S.A.'s (BVMF:EQTL3) ROE Of 28% Impressive?
Feb 28The Returns At Equatorial Energia (BVMF:EQTL3) Provide Us With Signs Of What's To Come
Feb 10
Is Equatorial Energia S.A. (BVMF:EQTL3) Popular Amongst Institutions?
Jan 23Did You Participate In Any Of Equatorial Energia's (BVMF:EQTL3) Fantastic 264% Return ?
Jan 05Equatorial Energia (BVMF:EQTL3) Takes On Some Risk With Its Use Of Debt
Dec 07Can Equatorial Energia S.A. (BVMF:EQTL3) Maintain Its Strong Returns?
Nov 18Equatorial Energia (BVMF:EQTL3) Is Growing Earnings But Are They A Good Guide?
Aug 18Should You Be Impressed By Equatorial Energia S.A.'s (BVMF:EQTL3) ROE?
Aug 04Does Equatorial Energia (BVMF:EQTL3) Have The Makings Of A Multi-Bagger?
Jul 22Are Institutions Heavily Invested In Equatorial Energia S.A.'s (BVMF:EQTL3) Shares?
Jul 09Financial Position Analysis
Short Term Liabilities: EQTL3's short term assets (R$26.9B) exceed its short term liabilities (R$18.2B).
Long Term Liabilities: EQTL3's short term assets (R$26.9B) do not cover its long term liabilities (R$64.4B).
Debt to Equity History and Analysis
Debt Level: EQTL3's net debt to equity ratio (140.6%) is considered high.
Reducing Debt: EQTL3's debt to equity ratio has reduced from 215.5% to 174% over the past 5 years.
Debt Coverage: EQTL3's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: EQTL3's interest payments on its debt are well covered by EBIT (3.1x coverage).