Companhia Paranaense de Energia - COPEL Balance Sheet Health
Financial Health criteria checks 5/6
Companhia Paranaense de Energia - COPEL has a total shareholder equity of R$24.2B and total debt of R$15.0B, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are R$55.8B and R$31.6B respectively. Companhia Paranaense de Energia - COPEL's EBIT is R$3.4B making its interest coverage ratio -6.3. It has cash and short-term investments of R$5.6B.
Key information
61.8%
Debt to equity ratio
R$14.96b
Debt
Interest coverage ratio | -6.3x |
Cash | R$5.64b |
Equity | R$24.19b |
Total liabilities | R$31.63b |
Total assets | R$55.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELPA's short term assets (R$13.7B) exceed its short term liabilities (R$9.3B).
Long Term Liabilities: ELPA's short term assets (R$13.7B) do not cover its long term liabilities (R$22.3B).
Debt to Equity History and Analysis
Debt Level: ELPA's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: ELPA's debt to equity ratio has reduced from 70.8% to 61.8% over the past 5 years.
Debt Coverage: ELPA's debt is well covered by operating cash flow (22.7%).
Interest Coverage: ELPA earns more interest than it pays, so coverage of interest payments is not a concern.