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 320 days as of September 2025. Defensive assets of R$5.39 Billion (cash R$1.00 Billion, short-term investments R$80.00 Million, receivables R$4.31 Billion) cover 320 days of daily cash needs of R$16.88 Million/day. Check how tangible is Companhiade Eletricidade do Estado da Ba's equity to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Companhiade Eletricidade do Estado da Bahia - COELBA Defensive Interval Ratio (2000–2024)
This chart shows how Companhiade Eletricidade do Estado da Bahia - COELBA's Defensive Interval Ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 320 days, meaning defensive assets of R$5.39 Billion can fund 320 days of operations without new revenue. Also explore net asset momentum of Companhiade Eletricidade do Estado da Ba to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Companhiade Eletricidade do Estado da Bahia - COELBA (2000–2024)
The table below presents the year-by-year Defensive Interval Ratio for Companhiade Eletricidade do Estado da Bahia - COELBA from 2000 to 2024, covering 25 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Companhiade Eletricidade do Estado da Ba market capitalisation.
| Year | DIR (days) | Defensive Assets (BRL) | Daily Cash Need | Cash | ST Investments | Change (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 | — |