CTEEP - Companhia de Transmissão de Energia Elétrica Paulista Balance Sheet Health
Financial Health criteria checks 3/6
CTEEP - Companhia de Transmissão de Energia Elétrica Paulista has a total shareholder equity of R$18.5B and total debt of R$9.0B, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are R$35.2B and R$16.7B respectively. CTEEP - Companhia de Transmissão de Energia Elétrica Paulista's EBIT is R$3.2B making its interest coverage ratio 7.9. It has cash and short-term investments of R$1.9B.
Key information
48.9%
Debt to equity ratio
R$9.04b
Debt
Interest coverage ratio | 7.9x |
Cash | R$1.86b |
Equity | R$18.48b |
Total liabilities | R$16.68b |
Total assets | R$35.16b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTPZ.Y's short term assets (R$5.8B) exceed its short term liabilities (R$3.1B).
Long Term Liabilities: CTPZ.Y's short term assets (R$5.8B) do not cover its long term liabilities (R$13.6B).
Debt to Equity History and Analysis
Debt Level: CTPZ.Y's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: CTPZ.Y's debt to equity ratio has increased from 25.9% to 48.9% over the past 5 years.
Debt Coverage: CTPZ.Y's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: CTPZ.Y's interest payments on its debt are well covered by EBIT (7.9x coverage).