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Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Debt-to-Equity : 2.11 (As of Mar. 2024)


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What is Companhia de Eletricidade do Estado da Bahia � Coelba Debt-to-Equity?

Companhia de Eletricidade do Estado da Bahia � Coelba's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$2,986 Mil. Companhia de Eletricidade do Estado da Bahia � Coelba's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$11,591 Mil. Companhia de Eletricidade do Estado da Bahia � Coelba's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R$6,904 Mil. Companhia de Eletricidade do Estado da Bahia � Coelba's debt to equity for the quarter that ended in Mar. 2024 was 2.11.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Companhia de Eletricidade do Estado da Bahia � Coelba's Debt-to-Equity or its related term are showing as below:

BSP:CEEB3' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.21   Med: 1.53   Max: 2.46
Current: 2.11

During the past 13 years, the highest Debt-to-Equity Ratio of Companhia de Eletricidade do Estado da Bahia � Coelba was 2.46. The lowest was 1.21. And the median was 1.53.

BSP:CEEB3's Debt-to-Equity is ranked worse than
87.03% of 478 companies
in the Utilities - Regulated industry
Industry Median: 0.845 vs BSP:CEEB3: 2.11

Companhia de Eletricidade do Estado da Bahia � Coelba Debt-to-Equity Historical Data

The historical data trend for Companhia de Eletricidade do Estado da Bahia � Coelba's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Companhia de Eletricidade do Estado da Bahia � Coelba Debt-to-Equity Chart

Companhia de Eletricidade do Estado da Bahia � Coelba Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.48 1.85 2.23 2.22

Companhia de Eletricidade do Estado da Bahia � Coelba Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.14 2.09 2.45 2.22 2.11

Competitive Comparison of Companhia de Eletricidade do Estado da Bahia � Coelba's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia � Coelba's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Companhia de Eletricidade do Estado da Bahia � Coelba's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia de Eletricidade do Estado da Bahia � Coelba's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Companhia de Eletricidade do Estado da Bahia � Coelba's Debt-to-Equity falls into.



Companhia de Eletricidade do Estado da Bahia � Coelba Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Companhia de Eletricidade do Estado da Bahia � Coelba's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Companhia de Eletricidade do Estado da Bahia � Coelba's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Companhia de Eletricidade do Estado da Bahia � Coelba  (BSP:CEEB3) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Companhia de Eletricidade do Estado da Bahia � Coelba Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Companhia de Eletricidade do Estado da Bahia � Coelba's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Business Description

Traded in Other Exchanges
Address
Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.

Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Headlines

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