CIA Energetica Do Ceara - COELCE (BSP:COCE3) Interest Coverage: 2.51 (As of Mar. 2026) — 39% Below Median


BSP:COCE3 CIA Energetica Do Ceara - COELCE BSP:COCE3
63 GF Score
Price R$36.00
GF Value R$35.62
Valuation Fairly Valued
! 5 Warning Signs
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What is CIA Energetica Do Ceara - COELCE Interest Coverage?

CIA Energetica Do Ceara - COELCE BSP:COCE3 63 Interest Coverage is 2.51 as of Mar. 2026, which is 39% below its 10-year median of 4.14. GuruFocus rates BSP:COCE3 with a GF Score™ of 63/100 and a GF Value™ of R$35.62 (Fairly Valued). The stock has 5 warning signs investors should review. Among 449 Utilities - Regulated companies, CIA Energetica Do Ceara - COELCE ranks worse than 65.92% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. CIA Energetica Do Ceara - COELCE's Operating Income for the three months ended in Mar. 2026 was R$534 Mil. CIA Energetica Do Ceara - COELCE's Interest Expense for the three months ended in Mar. 2026 was R$-213 Mil. CIA Energetica Do Ceara - COELCE's interest coverage for the quarter that ended in Mar. 2026 was 2.51. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for CIA Energetica Do Ceara - COELCE's Interest Coverage or its related term are showing as below:

BSP:COCE3' s Interest Coverage Range Over the Past 10 Years
Min: 2.06   Med: 4.14   Max: 30.73
Current: 2.52


BSP:COCE3's Interest Coverage is ranked worse than
65.92% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs BSP:COCE3: 2.52

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


CIA Energetica Do Ceara - COELCE  (BSP:COCE3) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


CIA Energetica Do Ceara - COELCE Interest Coverage Related Terms


CIA Energetica Do Ceara - COELCE Interest Coverage Historical Data

* Premium members only.

The historical data trend for CIA Energetica Do Ceara - COELCE's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

CIA Energetica Do Ceara - COELCE Interest Coverage Chart

CIA Energetica Do Ceara - COELCE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.73 2.81 2.06 2.50 2.32

CIA Energetica Do Ceara - COELCE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 1.86 2.48 1.44 4.42 2.51

BSP:COCE3 vs NEE, SO, DUK: Interest Coverage Comparison

For the Utilities - Regulated Electric subindustry, CIA Energetica Do Ceara - COELCE's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


CIA Energetica Do Ceara - COELCE Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA Energetica Do Ceara - COELCE's Interest Coverage distribution charts can be found below:

* The bar in red indicates where CIA Energetica Do Ceara - COELCE's Interest Coverage falls into.


BSP:COCE3
63GF Score
CIA Energetica Do Ceara - COELCE BSP:COCE3
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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CIA Energetica Do Ceara - COELCE Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CIA Energetica Do Ceara - COELCE's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, CIA Energetica Do Ceara - COELCE's Interest Expense was R$-713 Mil. Its Operating Income was R$1,655 Mil. And its Long-Term Debt & Capital Lease Obligation was R$4,218 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1654.643/-712.603
=2.32

CIA Energetica Do Ceara - COELCE's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, CIA Energetica Do Ceara - COELCE's Interest Expense was R$-213 Mil. Its Operating Income was R$534 Mil. And its Long-Term Debt & Capital Lease Obligation was R$4,703 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*533.591/-212.725
=2.51

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.51 mean?
CIA Energetica Do Ceara - COELCE (BSP:COCE3) has a Interest Coverage of 2.51 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CIA Energetica Do Ceara - COELCE and its competitors. This is 39% below median its historical median of 4.14. Over the past decade, CIA Energetica Do Ceara - COELCE's Interest Coverage has ranged from 2.06 to 30.73. According to the industry distribution chart, CIA Energetica Do Ceara - COELCE ranks #296 out of 449 companies in the Utilities - Regulated industry, placing it in the top 65.9%.
Is CIA Energetica Do Ceara - COELCE's Interest Coverage too high?
CIA Energetica Do Ceara - COELCE's current Interest Coverage of 2.51 is 39% below median its 10-year median of 4.14. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 30.73. The Utilities - Regulated industry median Interest Coverage is 3.78. CIA Energetica Do Ceara - COELCE's value of 2.51 is 33.6% below this industry median. Based on the distribution chart, CIA Energetica Do Ceara - COELCE ranks #296 out of 449 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CIA Energetica Do Ceara - COELCE has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CIA Energetica Do Ceara - COELCE's Interest Coverage compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CIA Energetica Do Ceara - COELCE ranks #296 out of 449 companies for Interest Coverage. This places CIA Energetica Do Ceara - COELCE in the lower half of its industry. The industry median Interest Coverage is 3.78. CIA Energetica Do Ceara - COELCE's value of 2.51 is 33.6% below this benchmark. Historically, CIA Energetica Do Ceara - COELCE's own Interest Coverage has ranged from 2.06 to 30.73 over the past decade. While the company's 10-year median is 4.14 vs. the industry median of 3.78, CIA Energetica Do Ceara - COELCE 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 Interest Coverage for an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CIA Energetica Do Ceara - COELCE's current Interest Coverage of 2.51 is 33.6% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CIA Energetica Do Ceara - COELCE and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA Energetica Do Ceara - COELCE's current Interest Coverage is 2.51, which is 39% below median its own 10-year median of 4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA Energetica Do Ceara - COELCE stock overvalued right now?
Based on GuruFocus' analysis, CIA Energetica Do Ceara - COELCE (BSP:COCE3) is currently considered Fairly Valued. The stock's GF Value™ is R$35.62, compared to a current price of R$36.00 — trading 1.1% above its estimated fair value. The current Interest Coverage is 2.51, which is 39% below median its 10-year median of 4.14 and 33.6% below the Utilities - Regulated industry median of 3.78. CIA Energetica Do Ceara - COELCE's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For CIA Energetica Do Ceara - COELCE (BSP:COCE3), the current Interest Coverage is 2.51 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 CIA Energetica Do Ceara - COELCE (BSP:COCE3) Overvalued in 2026?

Based on GuruFocus' analysis, CIA Energetica Do Ceara - COELCE stock appears to be overvalued. The current stock price of R$36.00 is trading 1.1% above its estimated GF Value™ of R$35.62. GuruFocus considers CIA Energetica Do Ceara - COELCE to be Fairly Valued.

Key valuation signals for BSP:COCE3:

  • Interest Coverage: 2.51 (39% below median its 10-year median of 4.14)
  • GF Value™: R$35.62 vs. price of R$36.00 (1.1% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 33.6% below the Utilities - Regulated median (#296 of 449)

No single metric tells the full story. See the BSP:COCE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIA Energetica Do Ceara - COELCE Business Description

Other Exchanges COCE5:Brazil
Address R Padre Valdevino 150, Fortaleza, CE, BRA, 60135040
CIA Energetica Do Ceara - COELCE is primarily engaged in the generation and sale of electricity business activities. It also involved in development, distribution, and marketing of electrical power. In addition, the company involved in the distribution of electrical power for industrial, rural, public and residential consumption. It derives most of its revenues from the sale of the electricity business activities and has operations spread across Brazil.
63GF Score

Get the complete analysis for BSP:COCE3

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

R$36.00
Price
R$35.62
GF Value