CEEB5.SA
Price:
$35.14
Market Cap:
$6.44B
Companhia de Eletricidade do Estado da Bahia - COELBA engages in the distribution of electricity. It distributes electricity in 415 municipalities serving 6,205 thousand consumers in State of Bahia, as well as in the municipalities of Delmiro Gouveia in the State of Alagoas, and Dianápolis in the State of Tocantins. The company was founded in 1960 and is headquartered in Salvador, Brazil. Companhia de Eletricidade do Estado da Bahia - COELBA is a subsidiary of Neoenergia S.A.
Industry
Regulated Electric
IPO Date
2008-01-02
Stock Exchange
SAO
Ticker
CEEB5.SA
According to Companhia de Eletricidade do Estado da Bahia - COELBA’s latest financial reports and current stock price. The company's current Current Ratio is 0.95. This represents a change of 6.10% compared to the average of 0.90 of the last 4 quarters.
The mean historical Current Ratio of Companhia de Eletricidade do Estado da Bahia - COELBA over the last ten years is 0.99. The current 0.95 Current Ratio has changed 9.48% with respect to the historical average. Over the past ten years (40 quarters), CEEB5.SA's Current Ratio was at its highest in in the March 2021 quarter at 1.41. The Current Ratio was at its lowest in in the March 2017 quarter at 0.65.
Average
0.99
Median
0.96
Minimum
0.71
Maximum
1.23
Discovering the peaks and valleys of Companhia de Eletricidade do Estado da Bahia - COELBA Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 60.86%
Maximum Annual Current Ratio = 1.23
Minimum Annual Increase = -25.93%
Minimum Annual Current Ratio = 0.71
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.95 | 8.98% |
| 2023 | 0.87 | -7.07% |
| 2022 | 0.94 | -16.65% |
| 2021 | 1.13 | -5.53% |
| 2020 | 1.19 | 1.15% |
| 2019 | 1.18 | -4.51% |
| 2018 | 1.23 | 60.86% |
| 2017 | 0.77 | 7.68% |
| 2016 | 0.71 | -25.93% |
| 2015 | 0.96 | -13.86% |
The current Current Ratio of Companhia de Eletricidade do Estado da Bahia - COELBA (CEEB5.SA) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.92
5-year avg
1.02
10-year avg
0.99
Companhia de Eletricidade do Estado da Bahia - COELBA’s Current Ratio is less than Elektro Redes S.A. (1.07), less than Elektro Redes S.A. (1.07), less than Equatorial Maranhão Distribuidora de Energia S.A. (1.26), less than Centrais Elétricas de Santa Catarina S.A. (1.23), less than Centrais Elétricas de Santa Catarina S.A. (1.23), less than Equatorial Pará Distribuidora de Energia S.A. (0.98), less than Companhia de Saneamento do Paraná - SANEPAR (1.28), less than Companhia de Saneamento do Paraná - SANEPAR (1.28), greater than Ampla Energia e Serviços S.A. (0.53), less than Equatorial Pará Distribuidora de Energia S.A. (0.98),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.07 | $7.79B | |
| 1.07 | $7.94B | |
| 1.26 | $4.68B | |
| 1.23 | $4.79B | |
| 1.23 | $4.17B | |
| 0.98 | $12.62B | |
| 1.28 | $11.72B | |
| 1.28 | $11.97B | |
| 0.53 | $3.42B | |
| 0.98 | $12.72B |
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