Compañía General de Electricidad Balance Sheet Health
Financial Health criteria checks 1/6
Compañía General de Electricidad has a total shareholder equity of CLP1,434.0B and total debt of CLP1,146.7B, which brings its debt-to-equity ratio to 80%. Its total assets and total liabilities are CLP3,971.1B and CLP2,537.1B respectively. Compañía General de Electricidad's EBIT is CLP128.6B making its interest coverage ratio 3.8. It has cash and short-term investments of CLP23.4B.
Key information
80.0%
Debt to equity ratio
CL$1.15t
Debt
| Interest coverage ratio | 3.8x |
| Cash | CL$23.42b |
| Equity | CL$1.43t |
| Total liabilities | CL$2.54t |
| Total assets | CL$3.97t |
Recent financial health updates
Recent updates
Compañía General de Electricidad's (SNSE:CGE) Soft Earnings Are Actually Better Than They Appear
Mar 14
Investors Still Aren't Entirely Convinced By Compañía General de Electricidad S.A.'s (SNSE:CGE) Revenues Despite 37% Price Jump
Mar 07Take Care Before Jumping Onto Compañía General de Electricidad S.A. (SNSE:CGE) Even Though It's 25% Cheaper
Jan 05Compañía General de Electricidad (SNSE:CGE) Takes On Some Risk With Its Use Of Debt
Apr 03Does Compañía General de Electricidad's (SNSE:CGE) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 02Financial Position Analysis
Short Term Liabilities: CGE's short term assets (CLP1,059.3B) do not cover its short term liabilities (CLP1,136.3B).
Long Term Liabilities: CGE's short term assets (CLP1,059.3B) do not cover its long term liabilities (CLP1,400.8B).
Debt to Equity History and Analysis
Debt Level: CGE's net debt to equity ratio (78.3%) is considered high.
Reducing Debt: CGE's debt to equity ratio has increased from 69.5% to 80% over the past 5 years.
Debt Coverage: CGE's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: CGE's interest payments on its debt are well covered by EBIT (3.8x coverage).