Compañía General de Electricidad Balance Sheet Health
Financial Health criteria checks 1/6
Compañía General de Electricidad has a total shareholder equity of CLP1,526.2B and total debt of CLP1,349.5B, which brings its debt-to-equity ratio to 88.4%. Its total assets and total liabilities are CLP3,814.7B and CLP2,288.5B respectively. Compañía General de Electricidad's EBIT is CLP233.0B making its interest coverage ratio 4.8. It has cash and short-term investments of CLP79.6B.
Key information
88.4%
Debt to equity ratio
CL$1.35t
Debt
| Interest coverage ratio | 4.8x |
| Cash | CL$79.59b |
| Equity | CL$1.53t |
| Total liabilities | CL$2.29t |
| Total assets | CL$3.81t |
Recent financial health updates
Recent updates
Compañía General de Electricidad S.A. (SNSE:CGE) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Jul 02
Compañía General de Electricidad's (SNSE:CGE) Soft Earnings Are Actually Better Than They Appear
Mar 14Investors 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 (CLP689.5B) do not cover its short term liabilities (CLP937.9B).
Long Term Liabilities: CGE's short term assets (CLP689.5B) do not cover its long term liabilities (CLP1,350.6B).
Debt to Equity History and Analysis
Debt Level: CGE's net debt to equity ratio (83.2%) is considered high.
Reducing Debt: CGE's debt to equity ratio has increased from 63.9% to 88.4% over the past 5 years.
Debt Coverage: CGE's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: CGE's interest payments on its debt are well covered by EBIT (4.8x coverage).