Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) — Cash Flow Quality Index
Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) has a Cash Flow Quality Index of -0.01x as of June 2026. Operating cash flow of R$-5.00 Million is below net income of R$341.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Companhiade Eletricidade do Estado da Ba debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Companhiade Eletricidade do Estado da Bahia - COELBA Cash Flow Quality Index (2004–2025)
Historical Cash Flow Quality Index for Companhiade Eletricidade do Estado da Bahia - COELBA across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see CEEB3 cash flow metrics.
Annual Cash Flow Quality Index for Companhiade Eletricidade do Estado da Bahia - COELBA (2004–2025)
Year-by-year earnings quality comparison for Companhiade Eletricidade do Estado da Bahia - COELBA.
| Year | Quality Index | Operating CF (BRL) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.91x | R$1.77 Billion | R$1.95 Billion | ▼ -42.7% |
| 2024 | 1.58x | R$2.86 Billion | R$1.81 Billion | ▲ +32.9% |
| 2023 | 1.19x | R$2.19 Billion | R$1.84 Billion | ▼ -30.3% |
| 2022 | 1.71x | R$2.67 Billion | R$1.57 Billion | ▲ +278.6% |
| 2021 | 0.45x | R$752.00 Million | R$1.67 Billion | ▼ -67.3% |
| 2020 | 1.38x | R$1.68 Billion | R$1.22 Billion | ▼ -4.4% |
| 2019 | 1.44x | R$1.45 Billion | R$1.01 Billion | ▲ +136.2% |
| 2018 | 0.61x | R$389.45 Million | R$638.56 Million | ▼ -65.6% |
| 2017 | 1.77x | R$314.08 Million | R$177.04 Million | ▲ +114.7% |
| 2016 | 0.83x | R$214.54 Million | R$259.68 Million | ▼ -64.7% |
| 2015 | 2.34x | R$1.20 Billion | R$513.35 Million | ▲ +696.2% |
| 2014 | 0.29x | R$139.75 Million | R$475.77 Million | ▼ -82.9% |
| 2013 | 1.72x | R$1.01 Billion | R$587.54 Million | ▲ +22.5% |
| 2012 | 1.40x | R$1.08 Billion | R$766.20 Million | ▼ -4.1% |
| 2011 | 1.46x | R$1.27 Billion | R$867.50 Million | ▲ +71.8% |
| 2010 | 0.85x | R$950.12 Million | R$1.11 Billion | ▼ -28.4% |
| 2009 | 1.19x | R$1.06 Billion | R$887.62 Million | ▼ -25.8% |
| 2008 | 1.60x | R$1.31 Billion | R$814.80 Million | ▼ -20.1% |
| 2007 | 2.01x | R$1.30 Billion | R$647.42 Million | ▲ +19.7% |
| 2006 | 1.68x | R$906.54 Million | R$540.56 Million | ▲ +66.2% |
| 2005 | 1.01x | R$586.87 Million | R$581.45 Million | ▼ -55.3% |
| 2004 | 2.26x | R$775.79 Million | R$343.36 Million | — |