Engie Brasil Energia Balance Sheet Health
Financial Health criteria checks 2/6
Engie Brasil Energia has a total shareholder equity of R$9.8B and total debt of R$20.9B, which brings its debt-to-equity ratio to 213.1%. Its total assets and total liabilities are R$42.2B and R$32.4B respectively. Engie Brasil Energia's EBIT is R$5.4B making its interest coverage ratio 2.8. It has cash and short-term investments of R$5.3B.
Key information
213.1%
Debt to equity ratio
R$20.92b
Debt
Interest coverage ratio | 2.8x |
Cash | R$5.33b |
Equity | R$9.82b |
Total liabilities | R$32.41b |
Total assets | R$42.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7TE1's short term assets (R$8.9B) exceed its short term liabilities (R$6.1B).
Long Term Liabilities: 7TE1's short term assets (R$8.9B) do not cover its long term liabilities (R$26.3B).
Debt to Equity History and Analysis
Debt Level: 7TE1's net debt to equity ratio (158.8%) is considered high.
Reducing Debt: 7TE1's debt to equity ratio has increased from 154.4% to 213.1% over the past 5 years.
Debt Coverage: 7TE1's debt is well covered by operating cash flow (21.9%).
Interest Coverage: 7TE1's interest payments on its debt are not well covered by EBIT (2.8x coverage).