Transmissora Aliança de Energia Elétrica Balance Sheet Health
Financial Health criteria checks 2/6
Transmissora Aliança de Energia Elétrica has a total shareholder equity of R$6.7B and total debt of R$9.8B, which brings its debt-to-equity ratio to 147.3%. Its total assets and total liabilities are R$19.4B and R$12.8B respectively. Transmissora Aliança de Energia Elétrica's EBIT is R$1.9B making its interest coverage ratio 3. It has cash and short-term investments of R$1.3B.
Key information
147.3%
Debt to equity ratio
R$9.84b
Debt
Interest coverage ratio | 3x |
Cash | R$1.31b |
Equity | R$6.68b |
Total liabilities | R$12.77b |
Total assets | R$19.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAEE3's short term assets (R$3.5B) exceed its short term liabilities (R$1.8B).
Long Term Liabilities: TAEE3's short term assets (R$3.5B) do not cover its long term liabilities (R$11.0B).
Debt to Equity History and Analysis
Debt Level: TAEE3's net debt to equity ratio (127.7%) is considered high.
Reducing Debt: TAEE3's debt to equity ratio has increased from 72.2% to 147.3% over the past 5 years.
Debt Coverage: TAEE3's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: TAEE3's interest payments on its debt are well covered by EBIT (3x coverage).