Equatorial Energia S.A
Equatorial S.A., through its subsidiaries, engages in the electricity generation, distribution, transmission, and commercialization in Brazil. The company generates energy from wind. It also provides telecommunication and sanitation services, as well as engages in photovoltaic installations for residential, commercial, industrial, and agribusiness customers. The company was formerly known as Equa… Read more
Equatorial Energia S.A (EQTL3) - Net Assets
Latest net assets as of September 2025: R$32.80 Billion BRL
Based on the latest financial reports, Equatorial Energia S.A (EQTL3) has net assets worth R$32.80 Billion BRL as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$126.17 Billion) and total liabilities (R$93.37 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$32.80 Billion |
| % of Total Assets | 25.99% |
| Annual Growth Rate | 30.42% |
| 5-Year Change | 143.41% |
| 10-Year Change | 606.69% |
| Growth Volatility | 47.28 |
Equatorial Energia S.A - Net Assets Trend (2003–2024)
This chart illustrates how Equatorial Energia S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Equatorial Energia S.A (2003–2024)
The table below shows the annual net assets of Equatorial Energia S.A from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$29.89 Billion | +18.21% |
| 2023-12-31 | R$25.28 Billion | +36.18% |
| 2022-12-31 | R$18.57 Billion | +27.13% |
| 2021-12-31 | R$14.60 Billion | +18.94% |
| 2020-12-31 | R$12.28 Billion | +25.63% |
| 2019-12-31 | R$9.77 Billion | +49.15% |
| 2018-12-31 | R$6.55 Billion | +14.00% |
| 2017-12-31 | R$5.75 Billion | +17.99% |
| 2016-12-31 | R$4.87 Billion | +15.19% |
| 2015-12-31 | R$4.23 Billion | +22.75% |
| 2014-12-31 | R$3.45 Billion | +21.00% |
| 2013-12-31 | R$2.85 Billion | +13.20% |
| 2012-12-31 | R$2.52 Billion | +99.88% |
| 2011-12-31 | R$1.26 Billion | -0.97% |
| 2010-12-31 | R$1.27 Billion | -13.35% |
| 2009-12-31 | R$1.47 Billion | -10.68% |
| 2008-12-31 | R$1.64 Billion | +84.31% |
| 2007-12-31 | R$890.95 Million | +1.02% |
| 2006-12-31 | R$881.96 Million | +30.73% |
| 2005-12-31 | R$674.63 Million | +101.12% |
| 2004-12-31 | R$335.44 Million | +197.06% |
| 2003-12-31 | R$112.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Equatorial Energia S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 101036800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$1.01 Billion | 3.87% |
| Common Stock | R$12.47 Billion | 47.74% |
| Other Comprehensive Income | R$12.69 Billion | 48.61% |
| Total Equity | R$26.11 Billion | 100.00% |
Equatorial Energia S.A Competitors by Market Cap
The table below lists competitors of Equatorial Energia S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AGREE RLTY CORP. DL-0001
F:AGL
|
$8.24 Billion |
|
Adani Enterprises Limited
NSE:ADANIENT
|
$8.25 Billion |
|
SARTORIUS AG SARTORIUS PREF SHS
LSE:0NIR
|
$8.27 Billion |
|
Knight Transportation Inc
NYSE:KNX
|
$8.27 Billion |
|
Molson Coors Beverage Company
NYSE:TAP-A
|
$8.24 Billion |
|
Federal Home Loan Mortgage Corp CP Pref
OTCQB:FMCCP
|
$8.24 Billion |
|
Tetra Tech Inc
NASDAQ:TTEK
|
$8.24 Billion |
|
iA Financial Corporation Inc
PINK:IAFNF
|
$8.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Equatorial Energia S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,093,243,000 to 26,113,686,000, a change of 5,020,443,000 (23.8%).
- Net income of 2,811,675,000 contributed positively to equity growth.
- Dividend payments of 1,433,959,000 reduced retained earnings.
- Share repurchases of 57,538,000 reduced equity.
- New share issuances of 3,170,224,000 increased equity.
- Other comprehensive income increased equity by 10,720,392,000.
- Other factors decreased equity by 10,190,351,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$2.81 Billion | +10.77% |
| Dividends Paid | R$1.43 Billion | -5.49% |
| Share Repurchases | R$57.54 Million | -0.22% |
| Share Issuances | R$3.17 Billion | +12.14% |
| Other Comprehensive Income | R$10.72 Billion | +41.05% |
| Other Changes | R$-10.19 Billion | -39.02% |
| Total Change | R$- | 23.80% |
Book Value vs Market Value Analysis
This analysis compares Equatorial Energia S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.91x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 140.72x to 1.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | R$0.28 | R$40.00 | x |
| 2005-12-31 | R$0.53 | R$40.00 | x |
| 2006-12-31 | R$0.73 | R$40.00 | x |
| 2007-12-31 | R$0.70 | R$40.00 | x |
| 2008-12-31 | R$2.06 | R$40.00 | x |
| 2009-12-31 | R$2.27 | R$40.00 | x |
| 2010-12-31 | R$1.74 | R$40.00 | x |
| 2011-12-31 | R$1.67 | R$40.00 | x |
| 2012-12-31 | R$2.34 | R$40.00 | x |
| 2013-12-31 | R$2.35 | R$40.00 | x |
| 2014-12-31 | R$2.78 | R$40.00 | x |
| 2015-12-31 | R$3.44 | R$40.00 | x |
| 2016-12-31 | R$3.98 | R$40.00 | x |
| 2017-12-31 | R$4.75 | R$40.00 | x |
| 2018-12-31 | R$5.56 | R$40.00 | x |
| 2019-12-31 | R$8.02 | R$40.00 | x |
| 2020-12-31 | R$10.29 | R$40.00 | x |
| 2021-12-31 | R$12.87 | R$40.00 | x |
| 2022-12-31 | R$14.90 | R$40.00 | x |
| 2023-12-31 | R$18.25 | R$40.00 | x |
| 2024-12-31 | R$20.93 | R$40.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Equatorial Energia S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.51%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 4.46x
- Recent ROE (10.77%) is below the historical average (21.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 43.73% | 23.36% | 0.46x | 4.07x | R$94.82 Million |
| 2005 | 43.59% | 34.39% | 0.43x | 2.95x | R$176.34 Million |
| 2006 | 17.31% | 15.48% | 0.41x | 2.71x | R$52.96 Million |
| 2007 | 21.65% | 17.41% | 0.38x | 3.26x | R$83.12 Million |
| 2008 | 27.26% | 12.79% | 0.46x | 4.59x | R$190.00 Million |
| 2009 | 18.25% | 13.75% | 0.49x | 2.73x | R$100.66 Million |
| 2010 | 30.00% | 15.90% | 0.54x | 3.47x | R$190.72 Million |
| 2011 | 17.35% | 8.08% | 0.60x | 3.58x | R$67.78 Million |
| 2012 | 6.30% | 4.73% | 0.31x | 4.29x | R$-80.08 Million |
| 2013 | 2.92% | 1.46% | 0.52x | 3.87x | R$-166.78 Million |
| 2014 | 22.48% | 9.42% | 0.60x | 3.97x | R$354.12 Million |
| 2015 | 23.24% | 11.40% | 0.56x | 3.62x | R$460.56 Million |
| 2016 | 17.70% | 9.13% | 0.55x | 3.53x | R$309.82 Million |
| 2017 | 20.84% | 11.31% | 0.50x | 3.65x | R$518.65 Million |
| 2018 | 16.40% | 8.32% | 0.43x | 4.56x | R$358.33 Million |
| 2019 | 29.78% | 12.85% | 0.50x | 4.63x | R$1.60 Billion |
| 2020 | 28.44% | 16.63% | 0.41x | 4.22x | R$1.93 Billion |
| 2021 | 28.96% | 15.65% | 0.38x | 4.84x | R$2.42 Billion |
| 2022 | 8.27% | 5.06% | 0.30x | 5.45x | R$-287.50 Million |
| 2023 | 9.84% | 5.06% | 0.40x | 4.91x | R$-33.73 Million |
| 2024 | 10.77% | 6.51% | 0.37x | 4.46x | R$200.31 Million |
Industry Comparison
This section compares Equatorial Energia S.A's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $2,397,519,100
- Average return on equity (ROE) among peers: 8.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Equatorial Energia S.A (EQTL3) | R$32.80 Billion | 43.73% | 2.85x | $8.24 Billion |
| Afluente Transmissão de Energia Elétrica S.A (AFLT3) | $78.42 Million | 16.11% | 0.14x | $1.00 Million |
| Companhia Energética de Brasília - CEB (CEBR3) | $1.00 Billion | 11.90% | 2.68x | $73.31 Million |
| Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) | $5.21 Billion | 12.27% | 1.79x | $20.78 Million |
| Companhia Estadual de Distribuição de Energia Elétrica (CEED3) | $-3.62 Billion | 0.00% | 0.00x | $144.84K |
| Centrais Elétricas de Santa Catarina S.A. (CLSC3) | $1.80 Billion | 9.16% | 4.47x | $235.53 Million |
| Companhia Energética do Ceará - Coelce (COCE3) | $2.31 Billion | 16.99% | 1.13x | $70.61 Million |
| CPFL Energia S.A (CPFE3) | $9.40 Billion | 10.10% | 2.74x | $1.48 Billion |
| Energisa S.A (ENGI3) | $4.77 Billion | 3.24% | 3.19x | $732.17 Million |
| Energisa Mato Grosso - Distribuidora de Energia S/A (ENMT3) | $1.80 Billion | 0.27% | 2.29x | $43.07 Million |
| Equatorial Pará Distribuidora de Energia S.A (EQPA3) | $1.23 Billion | 8.02% | 1.70x | $46.76 Million |