CTEEP - Companhia de Transmissão de Energia Elétrica Paulista Balance Sheet Health
Financial Health criteria checks 2/6
CTEEP - Companhia de Transmissão de Energia Elétrica Paulista has a total shareholder equity of R$18.5B and total debt of R$10.3B, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are R$38.0B and R$19.4B respectively. CTEEP - Companhia de Transmissão de Energia Elétrica Paulista's EBIT is R$3.4B making its interest coverage ratio 8.5. It has cash and short-term investments of R$2.7B.
Key information
55.8%
Debt to equity ratio
R$10.33b
Debt
Interest coverage ratio | 8.5x |
Cash | R$2.75b |
Equity | R$18.52b |
Total liabilities | R$19.43b |
Total assets | R$37.96b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRPL3's short term assets (R$6.8B) exceed its short term liabilities (R$2.2B).
Long Term Liabilities: TRPL3's short term assets (R$6.8B) do not cover its long term liabilities (R$17.2B).
Debt to Equity History and Analysis
Debt Level: TRPL3's net debt to equity ratio (41%) is considered high.
Reducing Debt: TRPL3's debt to equity ratio has increased from 26.5% to 55.8% over the past 5 years.
Debt Coverage: TRPL3's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: TRPL3's interest payments on its debt are well covered by EBIT (8.5x coverage).