Equatorial Energia Balance Sheet Health
Financial Health criteria checks 3/6
Equatorial Energia has a total shareholder equity of R$26.8B and total debt of R$47.6B, which brings its debt-to-equity ratio to 177.7%. Its total assets and total liabilities are R$105.1B and R$78.3B respectively. Equatorial Energia's EBIT is R$8.2B making its interest coverage ratio 3. It has cash and short-term investments of R$11.7B.
Key information
177.7%
Debt to equity ratio
R$47.59b
Debt
| Interest coverage ratio | 3x |
| Cash | R$11.75b |
| Equity | R$26.78b |
| Total liabilities | R$78.32b |
| Total assets | R$105.10b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: EQTL9's short term assets (R$27.8B) exceed its short term liabilities (R$18.1B).
Long Term Liabilities: EQTL9's short term assets (R$27.8B) do not cover its long term liabilities (R$60.2B).
Debt to Equity History and Analysis
Debt Level: EQTL9's net debt to equity ratio (133.8%) is considered high.
Reducing Debt: EQTL9's debt to equity ratio has reduced from 236.7% to 177.7% over the past 5 years.
Debt Coverage: EQTL9's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: EQTL9's interest payments on its debt are well covered by EBIT (3x coverage).