Serena Energia Balance Sheet Health
Financial Health criteria checks 0/6
Serena Energia has a total shareholder equity of R$5.2B and total debt of R$9.9B, which brings its debt-to-equity ratio to 188.6%. Its total assets and total liabilities are R$18.8B and R$13.5B respectively. Serena Energia's EBIT is R$869.1M making its interest coverage ratio 1.3. It has cash and short-term investments of R$950.2M.
Key information
188.6%
Debt to equity ratio
R$9.88b
Debt
| Interest coverage ratio | 1.3x |
| Cash | R$950.16m |
| Equity | R$5.24b |
| Total liabilities | R$13.52b |
| Total assets | R$18.76b |
Recent financial health updates
Recent updates
Industry Analysts Just Upgraded Their Serena Energia S.A. (BVMF:SRNA3) Revenue Forecasts By 17%
Apr 18
What 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$2.5B) do not cover its short term liabilities (R$4.6B).
Long Term Liabilities: SRNA3's short term assets (R$2.5B) do not cover its long term liabilities (R$8.9B).
Debt to Equity History and Analysis
Debt Level: SRNA3's net debt to equity ratio (170.4%) is considered high.
Reducing Debt: SRNA3's debt to equity ratio has increased from 112.8% to 188.6% over the past 5 years.
Debt Coverage: SRNA3's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: SRNA3's interest payments on its debt are not well covered by EBIT (1.3x coverage).