Serena Energia Balance Sheet Health
Financial Health criteria checks 0/6
Serena Energia has a total shareholder equity of R$5.4B and total debt of R$11.5B, which brings its debt-to-equity ratio to 213%. Its total assets and total liabilities are R$19.9B and R$14.5B respectively. Serena Energia's EBIT is R$981.2M making its interest coverage ratio 1.2. It has cash and short-term investments of R$1.3B.
Key information
213.0%
Debt to equity ratio
R$11.50b
Debt
| Interest coverage ratio | 1.2x |
| Cash | R$1.25b |
| Equity | R$5.40b |
| Total liabilities | R$14.50b |
| Total assets | R$19.90b |
Recent financial health updates
Is Serena Energia (BVMF:SRNA3) A Risky Investment?
Aug 12
Serena Energia (BVMF:SRNA3) Has A Somewhat Strained Balance Sheet
Jan 17Recent updates
Serena Energia (BVMF:SRNA3) Is Looking To Continue Growing Its Returns On Capital
Nov 03Serena Energia's (BVMF:SRNA3) Promising Earnings May Rest On Soft Foundations
Aug 21Is Serena Energia (BVMF:SRNA3) A Risky Investment?
Aug 12Broker Revenue Forecasts For Serena Energia S.A. (BVMF:SRNA3) Are Surging Higher
Jul 23Getting In Cheap On Serena Energia S.A. (BVMF:SRNA3) Is Unlikely
Jul 19Investors Met With Slowing Returns on Capital At Serena Energia (BVMF:SRNA3)
Jun 28Industry Analysts Just Upgraded Their Serena Energia S.A. (BVMF:SRNA3) Revenue Forecasts By 17%
Apr 18What Serena Energia S.A.'s (BVMF:SRNA3) P/S Is Not Telling You
Apr 12Need To Know: The Consensus Just Cut Its Serena Energia S.A. (BVMF:SRNA3) Estimates For 2024
Mar 16Serena Energia (BVMF:SRNA3) Has A Somewhat Strained Balance Sheet
Jan 17Some Confidence Is Lacking In Serena Energia S.A.'s (BVMF:SRNA3) P/S
Dec 16Be Wary Of Omega Energia (BVMF:MEGA3) And Its Returns On Capital
Oct 09Earnings Update: Omega Energia S.A. (BVMF:MEGA3) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Aug 11Omega Energia (BVMF:MEGA3) Might Be Having Difficulty Using Its Capital Effectively
Jun 10What You Need To Know About The Omega Energia S.A. (BVMF:MEGA3) Analyst Downgrade Today
May 06Omega Energia (BVMF:MEGA3) Might Be Having Difficulty Using Its Capital Effectively
Dec 14Omega Energia's (BVMF:MEGA3) Earnings Are Built On Soft Foundations
Mar 04Financial Position Analysis
Short Term Liabilities: SRNA3's short term assets (R$2.8B) do not cover its short term liabilities (R$2.8B).
Long Term Liabilities: SRNA3's short term assets (R$2.8B) do not cover its long term liabilities (R$11.7B).
Debt to Equity History and Analysis
Debt Level: SRNA3's net debt to equity ratio (189.8%) is considered high.
Reducing Debt: SRNA3's debt to equity ratio has increased from 142.3% to 213% over the past 5 years.
Debt Coverage: SRNA3's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: SRNA3's interest payments on its debt are not well covered by EBIT (1.2x coverage).