Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Debt-to-Equity

: 0.66 (As of Sep. 2023)

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Centrais Eletricas Brasileiras's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3,908 Mil. Centrais Eletricas Brasileiras's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $11,125 Mil. Centrais Eletricas Brasileiras's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $22,904 Mil. Centrais Eletricas Brasileiras's debt to equity for the quarter that ended in Sep. 2023 was 0.66.

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 Centrais Eletricas Brasileiras's Debt-to-Equity or its related term are showing as below:

EBR.B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.7 Max: 1.24
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Centrais Eletricas Brasileiras was 1.24. The lowest was 0.35. And the median was 0.70.

EBR.B's Debt-to-Equity is ranked better than
60.1% of 386 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.83 vs EBR.B: 0.66

Centrais Eletricas Brasileiras Debt-to-Equity Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

1.02

0.70

0.67

0.61

0.55

Centrais Eletricas Brasileiras Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity																0.51	0.55	0.54	0.53	0.66

Competitive Comparison

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Debt-to-Equity Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Centrais Eletricas Brasileiras's Debt-to-Equity falls into.

Centrais Eletricas Brasileiras Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Centrais Eletricas Brasileiras's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1723.165	+	9934.533)	/	21066.991
	=	0.55

Centrais Eletricas Brasileiras's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3908.234	+	11125.348)	/	22904.431
	=	0.66

Centrais Eletricas Brasileiras (NYSE:EBR.B) 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.

Centrais Eletricas Brasileiras Debt-to-Equity Related Terms

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Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Centrais Eletricas Brasileiras SA (NYSE:EBR.B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EBR:USA XELTO:Spain XELTB:Spain L3XA:Germany L3XC:Germany L3XB:Germany L3XA:Germany L3X:Germany ELET6:Brazil ELET5:Brazil ELET3:Brazil EBR:Argentina

Address

Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005

Website

https://www.eletrobras.com

Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Headlines

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