BSP:CEEB3's Current Ratio is ranked better than 65.35% of 508
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs BSP:CEEB3: 1.39
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Companhia de Eletricidade do Estado da Bahia – Coelba Current Ratio Related Terms
Companhia de Eletricidade do Estado da Bahia – Coelba Current Ratio Historical Data
* 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 Current Ratio Chart
Companhia de Eletricidade do Estado da Bahia – Coelba Annual Data
* 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 Current Ratio vs Utilities - Regulated Industry
* 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) has a Current Ratio of 1.39 as of Mar. 2026. This is 42% above median its historical median of 0.98. Over the past decade, Companhia de Eletricidade do Estado da Bahia – Coelba's Current Ratio has ranged from 0.65 to 1.41. According to the industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #176 out of 508 companies in the Utilities - Regulated industry, placing it in the top 34.6%.
Is Companhia de Eletricidade do Estado da Bahia – Coelba's Current Ratio too high?
Companhia de Eletricidade do Estado da Bahia – Coelba's current Current Ratio of 1.39 is 42% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.41. The Utilities - Regulated industry median Current Ratio is 1.08. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 1.39 is 28.7% above this industry median. Based on the distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #176 out of 508 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Companhia de Eletricidade do Estado da Bahia – Coelba has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Companhia de Eletricidade do Estado da Bahia – Coelba's Current Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #176 out of 508 companies for Current Ratio. This puts Companhia de Eletricidade do Estado da Bahia – Coelba in the upper half of its industry. The industry median Current Ratio is 1.08. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 1.39 is 28.7% above this benchmark. Historically, Companhia de Eletricidade do Estado da Bahia – Coelba's own Current Ratio has ranged from 0.65 to 1.41 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.08, Companhia de Eletricidade do Estado da Bahia – Coelba has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Companhia de Eletricidade do Estado da Bahia – Coelba's current Current Ratio of 1.39 is 28.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia de Eletricidade do Estado da Bahia – Coelba's current Current Ratio is 1.39, which is 42% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia de Eletricidade do Estado da Bahia – Coelba stock overvalued right now?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) is currently considered Fairly Valued. The stock's GF Value™ is R$46.33, compared to a current price of R$45.71 — trading 1.3% below its estimated fair value. The current Current Ratio is 1.39, which is 42% above median its 10-year median of 0.98 and 28.7% above the Utilities - Regulated industry median of 1.08. Companhia de Eletricidade do Estado da Bahia – Coelba's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3), the current Current Ratio is 1.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Overvalued in 2026?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba stock appears to be undervalued.
The current stock price of R$45.71 is trading 1.3% below its estimated GF Value™ of R$46.33.
GuruFocus considers Companhia de Eletricidade do Estado da Bahia – Coelba to be Fairly Valued.
Key valuation signals for BSP:CEEB3:
Current Ratio: 1.39 (42% above median its 10-year median of 0.98)
GF Value™: R$46.33 vs. price of R$45.71 (1.3% below fair value)
Industry Position: 28.7% above the Utilities - Regulated median (#176 of 508)
No single metric tells the full story. See the BSP:CEEB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Companhia de Eletricidade do Estado da Bahia – Coelba Business Description
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