Rede Energia Participações Balance Sheet Health
Financial Health criteria checks 3/6
Rede Energia Participações has a total shareholder equity of R$6.2B and total debt of R$14.7B, which brings its debt-to-equity ratio to 238.4%. Its total assets and total liabilities are R$29.8B and R$23.7B respectively. Rede Energia Participações's EBIT is R$4.2B making its interest coverage ratio 5.3. It has cash and short-term investments of R$2.8B.
Key information
238.4%
Debt to equity ratio
R$14.70b
Debt
| Interest coverage ratio | 5.3x |
| Cash | R$2.78b |
| Equity | R$6.17b |
| Total liabilities | R$23.67b |
| Total assets | R$29.84b |
Recent financial health updates
Is Rede Energia Participações (BVMF:REDE3) Using Too Much Debt?
Jun 10
Is Rede Energia Participações (BVMF:REDE3) Using Too Much Debt?
Jan 04Does Rede Energia Participações (BVMF:REDE3) Have A Healthy Balance Sheet?
Aug 14Is Rede Energia Participações (BVMF:REDE3) A Risky Investment?
May 08These 4 Measures Indicate That Rede Energia Participações (BVMF:REDE3) Is Using Debt Extensively
Jan 19Here's Why Rede Energia Participações (BVMF:REDE3) Has A Meaningful Debt Burden
Jul 06Recent updates
Rede Energia Participações (BVMF:REDE3) Might Have The Makings Of A Multi-Bagger
Sep 04Rede Energia Participações S.A.'s (BVMF:REDE3) Price In Tune With Earnings
Aug 08Is Rede Energia Participações (BVMF:REDE3) Using Too Much Debt?
Jun 10Rede Energia Participações S.A.'s (BVMF:REDE3) P/E Still Appears To Be Reasonable
Apr 30The Trend Of High Returns At Rede Energia Participações (BVMF:REDE3) Has Us Very Interested
Feb 15Rede Energia Participações S.A. (BVMF:REDE3) Doing What It Can To Lift Shares
Jan 25Is Rede Energia Participações (BVMF:REDE3) Using Too Much Debt?
Jan 04Rede Energia Participações (BVMF:REDE3) Shareholders Will Want The ROCE Trajectory To Continue
Nov 11Does Rede Energia Participações (BVMF:REDE3) Have A Healthy Balance Sheet?
Aug 14Rede Energia Participações (BVMF:REDE3) Is Looking To Continue Growing Its Returns On Capital
Jul 18Is Rede Energia Participações (BVMF:REDE3) A Risky Investment?
May 08Returns Are Gaining Momentum At Rede Energia Participações (BVMF:REDE3)
Apr 12Returns On Capital Are Showing Encouraging Signs At Rede Energia Participações (BVMF:REDE3)
Apr 07Did You Participate In Any Of Rede Energia Participações' (BVMF:REDE3) Incredible 609% Return?
Mar 20Is Rede Energia Participações S.A.'s (BVMF:REDE3) ROE Of 18% Impressive?
Mar 02Read This Before Buying Rede Energia Participações S.A. (BVMF:REDE3) For Its Dividend
Feb 08These 4 Measures Indicate That Rede Energia Participações (BVMF:REDE3) Is Using Debt Extensively
Jan 19Does Rede Energia Participações (BVMF:REDE3) Have The Makings Of A Multi-Bagger?
Dec 25
Should You Use Rede Energia Participações's (BVMF:REDE3) Statutory Earnings To Analyse It?
Dec 10Here's Why Rede Energia Participações (BVMF:REDE3) Has A Meaningful Debt Burden
Jul 06Financial Position Analysis
Short Term Liabilities: REDE3's short term assets (R$8.1B) exceed its short term liabilities (R$7.4B).
Long Term Liabilities: REDE3's short term assets (R$8.1B) do not cover its long term liabilities (R$16.3B).
Debt to Equity History and Analysis
Debt Level: REDE3's net debt to equity ratio (193.3%) is considered high.
Reducing Debt: REDE3's debt to equity ratio has increased from 171.1% to 238.4% over the past 5 years.
Debt Coverage: REDE3's debt is well covered by operating cash flow (31%).
Interest Coverage: REDE3's interest payments on its debt are well covered by EBIT (5.3x coverage).