Equatorial Balance Sheet Health
Financial Health criteria checks 3/6
Equatorial 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'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 07Recent updates
Investors Appear Satisfied With Equatorial Energia S.A.'s (BVMF:EQTL3) Prospects
Dec 08These 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 07Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 22:39 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Equatorial S.A. is covered by 25 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruno Pascon | Barclays |
| Felipe Mattar | Barclays |
| Arthur Pereira | BofA Global Research |