Equatorial Balance Sheet Health
Financial Health criteria checks 1/6
Equatorial has a total shareholder equity of R$32.8B and total debt of R$63.4B, which brings its debt-to-equity ratio to 193.2%. Its total assets and total liabilities are R$126.2B and R$93.4B respectively. Equatorial's EBIT is R$8.9B making its interest coverage ratio 2.5. It has cash and short-term investments of R$15.0B.
Key information
193.20%
Debt to equity ratio
R$63.36b
Debt
| Interest coverage ratio | 2.5x |
| Cash | R$14.96b |
| Equity | R$32.80b |
| Total liabilities | R$93.37b |
| Total assets | R$126.17b |
Recent financial health updates
Is Equatorial (BVMF:EQTL3) A Risky Investment?
Sep 08
Is Equatorial (BVMF:EQTL3) A Risky Investment?
Feb 12Recent updates
We Think That There Are Issues Underlying Equatorial's (BVMF:EQTL3) Earnings
Nov 19Equatorial S.A.'s (BVMF:EQTL3) Share Price Not Quite Adding Up
Oct 21Is Equatorial (BVMF:EQTL3) A Risky Investment?
Sep 08Some Confidence Is Lacking In Equatorial S.A.'s (BVMF:EQTL3) P/E
Jul 23Revenue Beat: Equatorial S.A. Beat Analyst Estimates By 28%
May 16Equatorial (BVMF:EQTL3) Will Pay A Larger Dividend Than Last Year At R$0.9554
Apr 12Additional Considerations Required While Assessing Equatorial's (BVMF:EQTL3) Strong Earnings
Apr 03Equatorial S.A.'s (BVMF:EQTL3) Earnings Haven't Escaped The Attention Of Investors
Mar 27Is Equatorial (BVMF:EQTL3) A Risky Investment?
Feb 12Investors Appear Satisfied With Equatorial Energia S.A.'s (BVMF:EQTL3) Prospects
Dec 08
Powering Sustainable Growth Through Strategic Investments And Efficiency Gains
Strategic growth initiatives in sanitation and improved operational efficiencies in renewables are likely to enhance future revenue and earnings.Financial Position Analysis
Short Term Liabilities: EQTL3's short term assets (R$32.7B) exceed its short term liabilities (R$20.9B).
Long Term Liabilities: EQTL3's short term assets (R$32.7B) do not cover its long term liabilities (R$72.5B).
Debt to Equity History and Analysis
Debt Level: EQTL3's net debt to equity ratio (147.6%) is considered high.
Reducing Debt: EQTL3's debt to equity ratio has increased from 148.5% to 193.2% over the past 5 years.
Debt Coverage: EQTL3's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: EQTL3's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/21 08:42 |
| End of Day Share Price | 2025/11/19 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Equatorial S.A. is covered by 19 analysts. 10 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 |
| Gustavo Faria | BofA Global Research |