Neoenergia Balance Sheet Health
Financial Health criteria checks 2/6
Neoenergia has a total shareholder equity of R$36.3B and total debt of R$54.5B, which brings its debt-to-equity ratio to 149.9%. Its total assets and total liabilities are R$113.5B and R$77.2B respectively. Neoenergia's EBIT is R$10.8B making its interest coverage ratio 3.4. It has cash and short-term investments of R$6.3B.
Key information
149.90%
Debt to equity ratio
R$54.46b
Debt
| Interest coverage ratio | 3.4x |
| Cash | R$6.31b |
| Equity | R$36.33b |
| Total liabilities | R$77.16b |
| Total assets | R$113.49b |
Recent financial health updates
We Think Neoenergia (BVMF:NEOE3) Is Taking Some Risk With Its Debt
Jun 17
Here's Why Neoenergia (BVMF:NEOE3) Is Weighed Down By Its Debt Load
Feb 08Recent updates
Neoenergia (BVMF:NEOE3) Might Have The Makings Of A Multi-Bagger
Sep 08Neoenergia S.A. Just Beat EPS By 502%: Here's What Analysts Think Will Happen Next
Jul 25We Think Neoenergia (BVMF:NEOE3) Is Taking Some Risk With Its Debt
Jun 17Returns On Capital At Neoenergia (BVMF:NEOE3) Have Stalled
May 27Some Confidence Is Lacking In Neoenergia S.A.'s (BVMF:NEOE3) P/E
Apr 25Neoenergia (BVMF:NEOE3) Will Pay A Larger Dividend Than Last Year At R$0.3501
Mar 30Earnings Beat: Neoenergia S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 21Here's Why Neoenergia (BVMF:NEOE3) Is Weighed Down By Its Debt Load
Feb 08There Is A Reason Neoenergia S.A.'s (BVMF:NEOE3) Price Is Undemanding
Jan 12
Accelerated Termopernambuco Contract And Decisive Investments Will Boost Earnings
Strategic capital investments and expansions signal potential growth in revenue and earnings as new projects and assets become operational.Financial Position Analysis
Short Term Liabilities: NEOE3's short term assets (R$21.5B) exceed its short term liabilities (R$17.5B).
Long Term Liabilities: NEOE3's short term assets (R$21.5B) do not cover its long term liabilities (R$59.7B).
Debt to Equity History and Analysis
Debt Level: NEOE3's net debt to equity ratio (132.5%) is considered high.
Reducing Debt: NEOE3's debt to equity ratio has increased from 125.8% to 149.9% over the past 5 years.
Debt Coverage: NEOE3's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: NEOE3's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/30 00:06 |
| End of Day Share Price | 2025/11/28 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Neoenergia S.A. is covered by 15 analysts. 8 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 |
|---|---|
| Rafael Bezerra Dias | BB Banco de Investimento S.A. |
| Gustavo Faria | BofA Global Research |
| Francisco Navarrete | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |