Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Equity-to-Asset: 0.22 (As of Jun. 2026) — 15% Below Median

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BSP:CEEB3 Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
75 GF Score
Price R$46.50
GF Value R$45.96
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Companhia de Eletricidade do Estado da Bahia – Coelba Equity-to-Asset?

Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3 -0.53% 75 Equity-to-Asset is 0.22 as of Jun. 2026, which is 15% below its 10-year median of 0.26. GuruFocus rates BSP:CEEB3 with a GF Score™ of 75/100 and a GF Value™ of R$45.96 (Fairly Valued). The stock has 6 warning signs investors should review. Among 509 Utilities - Regulated companies, Companhia de Eletricidade do Estado da Bahia – Coelba ranks worse than 84.48% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Companhia de Eletricidade do Estado da Bahia – Coelba's Total Stockholders Equity for the quarter that ended in Jun. 2026 was R$8,315 Mil. Companhia de Eletricidade do Estado da Bahia – Coelba's Total Assets for the quarter that ended in Jun. 2026 was R$37,966 Mil. Therefore, Companhia de Eletricidade do Estado da Bahia – Coelba's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.22.

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

BSP:CEEB3' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.26   Max: 0.36
Current: 0.22

During the past 13 years, the highest Equity to Asset Ratio of Companhia de Eletricidade do Estado da Bahia – Coelba was 0.36. The lowest was 0.21. And the median was 0.26.

BSP:CEEB3's Equity-to-Asset is ranked worse than
84.48% of 509 companies
in the Utilities - Regulated industry
Industry Median: 0.36 vs BSP:CEEB3: 0.22

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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Companhia de Eletricidade do Estado da Bahia – Coelba Equity-to-Asset Related Terms


Companhia de Eletricidade do Estado da Bahia – Coelba Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Companhia de Eletricidade do Estado da Bahia – Coelba's Equity-to-Asset 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.

Companhia de Eletricidade do Estado da Bahia – Coelba Equity-to-Asset Chart

Companhia de Eletricidade do Estado da Bahia – Coelba Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.23 0.23 0.24 0.22

Companhia de Eletricidade do Estado da Bahia – Coelba Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.27 0.26 0.22 0.22 0.22

BSP:CEEB3 vs NEE, SO, DUK: Equity-to-Asset Comparison

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia – Coelba's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Utilities - Regulated Industry

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

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


BSP:CEEB3
75GF Score
Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Companhia de Eletricidade do Estado da Bahia – Coelba Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Companhia de Eletricidade do Estado da Bahia – Coelba's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=7848/35861
=0.22

Companhia de Eletricidade do Estado da Bahia – Coelba's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=8315/37966
=0.22

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.22 mean?
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) has a Equity-to-Asset of 0.22 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. This is 15% below median its historical median of 0.26. Over the past decade, Companhia de Eletricidade do Estado da Bahia – Coelba's Equity-to-Asset has ranged from 0.21 to 0.36. According to the industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #430 out of 509 companies in the Utilities - Regulated industry, placing it in the top 84.5%.
Is Companhia de Eletricidade do Estado da Bahia – Coelba's Equity-to-Asset too high?
Companhia de Eletricidade do Estado da Bahia – Coelba's current Equity-to-Asset of 0.22 is 15% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.36. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 0.22 is 38.9% below this industry median. Based on the distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #430 out of 509 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Companhia de Eletricidade do Estado da Bahia – Coelba has a GF Score™ of 75/100 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 Equity-to-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #430 out of 509 companies for Equity-to-Asset. This places Companhia de Eletricidade do Estado da Bahia – Coelba in the lower half of its industry. The industry median Equity-to-Asset is 0.36. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 0.22 is 38.9% below this benchmark. Historically, Companhia de Eletricidade do Estado da Bahia – Coelba's own Equity-to-Asset has ranged from 0.21 to 0.36 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.36, Companhia de Eletricidade do Estado da Bahia – Coelba has consistently been below 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 Equity-to-Asset for an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset 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 Equity-to-Asset of 0.22 is 38.9% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — 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 Equity-to-Asset is 0.22, which is 15% below median its own 10-year median of 0.26. 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$45.96, compared to a current price of R$46.50 — trading 1.2% above its estimated fair value. The current Equity-to-Asset is 0.22, which is 15% below median its 10-year median of 0.26 and 38.9% below the Utilities - Regulated industry median of 0.36. Companhia de Eletricidade do Estado da Bahia – Coelba's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3), the current Equity-to-Asset is 0.22 as of Jun. 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 overvalued. The current stock price of R$46.50 is trading 1.2% above its estimated GF Value™ of R$45.96. GuruFocus considers Companhia de Eletricidade do Estado da Bahia – Coelba to be Fairly Valued.

Key valuation signals for BSP:CEEB3:

  • Equity-to-Asset: 0.22 (15% below median its 10-year median of 0.26)
  • GF Value™: R$45.96 vs. price of R$46.50 (1.2% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 38.9% below the Utilities - Regulated median (#430 of 509)

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

Other Exchanges CEEB5:Brazil
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.
75GF Score

Get the complete analysis for BSP:CEEB3

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$46.50
Price
R$45.96
GF Value