Compañía General de Electricidad Balance Sheet Health
Financial Health criteria checks 1/6
Compañía General de Electricidad has a total shareholder equity of CLP1,489.6B and total debt of CLP1,215.3B, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are CLP4,196.8B and CLP2,707.2B respectively. Compañía General de Electricidad's EBIT is CLP200.9B making its interest coverage ratio 4.7. It has cash and short-term investments of CLP18.2B.
Key information
81.6%
Debt to equity ratio
CL$1.22t
Debt
Interest coverage ratio | 4.7x |
Cash | CL$18.22b |
Equity | CL$1.49t |
Total liabilities | CL$2.71t |
Total assets | CL$4.20t |
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 02Compañía 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 (CLP1,178.1B) do not cover its short term liabilities (CLP1,217.1B).
Long Term Liabilities: CGE's short term assets (CLP1,178.1B) do not cover its long term liabilities (CLP1,490.1B).
Debt to Equity History and Analysis
Debt Level: CGE's net debt to equity ratio (80.4%) is considered high.
Reducing Debt: CGE's debt to equity ratio has increased from 68.6% to 81.6% over the past 5 years.
Debt Coverage: CGE's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: CGE's interest payments on its debt are well covered by EBIT (4.7x coverage).