Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Centrais Eletricas Brasileiras's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $22,904 Mil. Centrais Eletricas Brasileiras's Total Assets for the quarter that ended in Sep. 2023 was $56,049 Mil.
Therefore, Centrais Eletricas Brasileiras's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.41.
The historical rank and industry rank for Centrais Eletricas Brasileiras's Equity-to-Asset or its related term are showing as below:
EBR.B'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.38 Max: 0.44
Current: 0.41
During the past 13 years, the highest Equity to Asset Ratio of Centrais Eletricas Brasileiras was 0.44. The lowest was 0.24. And the median was 0.38.
Centrais Eletricas Brasileiras Equity-to-Asset Historical Data
The historical data trend for Centrais Eletricas Brasileiras'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.
For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.
Centrais Eletricas Brasileiras Equity-to-Asset Distribution
For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Centrais Eletricas Brasileiras's Equity-to-Asset falls into.
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.
Centrais Eletricas Brasileiras's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 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.
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%.
Centrais Eletricas Brasileiras Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Centrais Eletricas Brasileiras's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Business Description
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.
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