Engie Brasil Energia Balance Sheet Health
Financial Health criteria checks 2/6
Engie Brasil Energia has a total shareholder equity of R$11.8B and total debt of R$22.0B, which brings its debt-to-equity ratio to 186.6%. Its total assets and total liabilities are R$45.5B and R$33.7B respectively. Engie Brasil Energia's EBIT is R$5.2B making its interest coverage ratio 3. It has cash and short-term investments of R$5.3B.
Key information
186.6%
Debt to equity ratio
R$21.99b
Debt
Interest coverage ratio | 3x |
Cash | R$5.32b |
Equity | R$11.78b |
Total liabilities | R$33.67b |
Total assets | R$45.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGIE.Y's short term assets (R$8.6B) exceed its short term liabilities (R$5.7B).
Long Term Liabilities: EGIE.Y's short term assets (R$8.6B) do not cover its long term liabilities (R$28.0B).
Debt to Equity History and Analysis
Debt Level: EGIE.Y's net debt to equity ratio (141.5%) is considered high.
Reducing Debt: EGIE.Y's debt to equity ratio has increased from 142.7% to 186.6% over the past 5 years.
Debt Coverage: EGIE.Y's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: EGIE.Y's interest payments on its debt are well covered by EBIT (3x coverage).