Equatorial Energia Balance Sheet Health
Financial Health criteria checks 1/6
Equatorial Energia has a total shareholder equity of R$25.3B and total debt of R$47.0B, which brings its debt-to-equity ratio to 185.9%. Its total assets and total liabilities are R$103.6B and R$78.4B respectively. Equatorial Energia's EBIT is R$8.2B making its interest coverage ratio 2.7. It has cash and short-term investments of R$12.1B.
Key information
185.9%
Debt to equity ratio
R$47.00b
Debt
Interest coverage ratio | 2.7x |
Cash | R$12.06b |
Equity | R$25.28b |
Total liabilities | R$78.36b |
Total assets | R$103.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EQUE.Y's short term assets (R$28.0B) exceed its short term liabilities (R$18.1B).
Long Term Liabilities: EQUE.Y's short term assets (R$28.0B) do not cover its long term liabilities (R$60.2B).
Debt to Equity History and Analysis
Debt Level: EQUE.Y's net debt to equity ratio (138.2%) is considered high.
Reducing Debt: EQUE.Y's debt to equity ratio has increased from 176.3% to 185.9% over the past 5 years.
Debt Coverage: EQUE.Y's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: EQUE.Y's interest payments on its debt are not well covered by EBIT (2.7x coverage).