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$11.1B, which brings its debt-to-equity ratio to 205.3%. Its total assets and total liabilities are R$19.0B and R$13.6B respectively. Serena Energia's EBIT is R$925.7M making its interest coverage ratio 1.3. It has cash and short-term investments of R$1.2B.
Key information
205.3%
Debt to equity ratio
R$11.10b
Debt
Interest coverage ratio | 1.3x |
Cash | R$1.20b |
Equity | R$5.41b |
Total liabilities | R$13.59b |
Total assets | R$19.00b |
Recent financial health updates
Is Serena Energia (BVMF:SRNA3) A Risky Investment?
Aug 12Serena Energia (BVMF:SRNA3) Has A Somewhat Strained Balance Sheet
Jan 17Recent updates
Is 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$2.1B) do not cover its short term liabilities (R$2.5B).
Long Term Liabilities: SRNA3's short term assets (R$2.1B) do not cover its long term liabilities (R$11.1B).
Debt to Equity History and Analysis
Debt Level: SRNA3's net debt to equity ratio (183.2%) is considered high.
Reducing Debt: SRNA3's debt to equity ratio has increased from 122.8% to 205.3% over the past 5 years.
Debt Coverage: SRNA3's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: SRNA3's interest payments on its debt are not well covered by EBIT (1.3x coverage).