Equatorial Energia Balance Sheet Health
Financial Health criteria checks 2/6
Equatorial Energia has a total shareholder equity of R$25.7B and total debt of R$44.6B, which brings its debt-to-equity ratio to 173.4%. Its total assets and total liabilities are R$100.5B and R$74.8B respectively. Equatorial Energia's EBIT is R$8.1B making its interest coverage ratio 2.9. It has cash and short-term investments of R$8.8B.
Key information
173.4%
Debt to equity ratio
R$44.56b
Debt
Interest coverage ratio | 2.9x |
Cash | R$8.80b |
Equity | R$25.70b |
Total liabilities | R$74.76b |
Total assets | R$100.46b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: EQTL9's short term assets (R$23.4B) exceed its short term liabilities (R$17.2B).
Long Term Liabilities: EQTL9's short term assets (R$23.4B) do not cover its long term liabilities (R$57.6B).
Debt to Equity History and Analysis
Debt Level: EQTL9's net debt to equity ratio (139.2%) is considered high.
Reducing Debt: EQTL9's debt to equity ratio has reduced from 224.2% to 173.4% over the past 5 years.
Debt Coverage: EQTL9's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: EQTL9's interest payments on its debt are not well covered by EBIT (2.9x coverage).