Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) — Defensive Interval Ratio
Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) has a Defensive Interval Ratio of 274 days as of June 2026. Defensive assets of R$4.66 Billion (cash R$-, short-term investments R$250.00 Million, receivables R$4.41 Billion) cover 274 days of daily cash needs of R$17.01 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Companhiade Eletricidade do Estado da Bahia - COELBA Defensive Interval Ratio (2000–2025)
This chart shows how Companhiade Eletricidade do Estado da Bahia - COELBA's Defensive Interval Ratio has evolved across 26 annual periods from 2000 to 2025. As of June 2026, the ratio stands at 274 days, meaning defensive assets of R$4.66 Billion can fund 274 days of operations without new revenue. For the complete balance sheet picture, see Companhiade Eletricidade do Estado da Ba balance sheet assets.
Annual Defensive Interval Ratio for Companhiade Eletricidade do Estado da Bahia - COELBA (2000–2025)
The table below presents the year-by-year Defensive Interval Ratio for Companhiade Eletricidade do Estado da Bahia - COELBA from 2000 to 2025, covering 26 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See CEEB3 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (BRL) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 393 days | R$6.88 Billion | R$17.49 Million/day | R$2.26 Billion | R$285.00 Million | ▲ +125 days |
| 2024 | 268 days | R$4.90 Billion | R$18.28 Million/day | R$1.42 Billion | R$29.00 Million | ▲ +50 days |
| 2023 | 219 days | R$4.17 Billion | R$19.07 Million/day | R$824.00 Million | R$18.00 Million | ▼ -8 days |
| 2022 | 227 days | R$3.57 Billion | R$15.72 Million/day | R$910.00 Million | R$33.00 Million | ▼ -62 days |
| 2021 | 288 days | R$3.95 Billion | R$13.71 Million/day | R$560.00 Million | R$670.00 Million | ▲ +22 days |
| 2020 | 266 days | R$2.54 Billion | R$9.52 Million/day | R$391.00 Million | R$4.00 Million | ▼ -14 days |
| 2019 | 280 days | R$2.94 Billion | R$10.47 Million/day | R$729.93 Million | R$218.05 Million | ▼ -84 days |
| 2018 | 365 days | R$2.71 Billion | R$7.44 Million/day | R$794.25 Million | R$276.18 Million | ▲ +158 days |
| 2017 | 207 days | R$2.23 Billion | R$10.76 Million/day | R$519.24 Million | R$151.09 Million | ▼ -13 days |
| 2016 | 220 days | R$1.83 Billion | R$8.31 Million/day | R$23.33 Million | R$443.92 Million | ▲ +34 days |
| 2015 | 186 days | R$1.35 Billion | R$7.27 Million/day | R$- | R$65.46 Million | ▼ -236 days |
| 2014 | 422 days | R$1.95 Billion | R$4.62 Million/day | R$- | R$350.99 Million | ▲ +220 days |
| 2013 | 202 days | R$918.25 Million | R$4.55 Million/day | R$- | R$22.09 Million | ▼ -27 days |
| 2012 | 229 days | R$1.04 Billion | R$4.57 Million/day | R$- | R$26.73 Million | ▼ -80 days |
| 2011 | 309 days | R$1.07 Billion | R$3.45 Million/day | R$- | R$34.67 Million | ▼ -40 days |
| 2010 | 349 days | R$1.08 Billion | R$3.11 Million/day | R$- | R$68.99 Million | ▲ +42 days |
| 2009 | 307 days | R$1.05 Billion | R$3.41 Million/day | R$- | R$84.48 Million | ▼ -1 days |
| 2008 | 308 days | R$909.44 Million | R$2.95 Million/day | R$- | R$72.62 Million | ▼ -49 days |
| 2007 | 357 days | R$1.44 Billion | R$4.04 Million/day | R$- | R$296.75 Million | ▼ -83 days |
| 2006 | 440 days | R$1.26 Billion | R$2.87 Million/day | R$- | R$70.43 Million | ▲ +20 days |
| 2005 | 420 days | R$1.19 Billion | R$2.82 Million/day | R$- | R$-5.33 Million | ▲ +248 days |
| 2004 | 172 days | R$337.40 Million | R$1.96 Million/day | R$- | R$-51.91 Million | ▲ +1 days |
| 2003 | 171 days | R$989.28 Million | R$5.79 Million/day | R$- | R$147.00K | ▼ -52 days |
| 2002 | 223 days | R$983.22 Million | R$4.42 Million/day | R$- | R$63.41 Million | ▲ +45 days |
| 2001 | 178 days | R$584.58 Million | R$3.29 Million/day | R$- | R$18.88 Million | ▼ -106 days |
| 2000 | 283 days | R$557.79 Million | R$1.97 Million/day | R$- | R$24.39 Million | — |