Equatorial Energia S.A (EQTL3) - Net Assets
Based on the latest financial reports, Equatorial Energia S.A (EQTL3) has net assets worth R$28.20 Billion BRL (≈ $5.53 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$111.79 Billion ≈ $21.94 Billion USD) and total liabilities (R$83.59 Billion ≈ $16.40 Billion USD). 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. Check tangible net worth ratio of Equatorial Energia S.A to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$28.20 Billion |
| % of Total Assets | 25.22% |
| Annual Growth Rate | 28.55% |
| 5-Year Change | 93.97% |
| 10-Year Change | 481.48% |
| Growth Volatility | 47.01 |
Equatorial Energia S.A - Net Assets Trend (2003–2025)
This chart illustrates how Equatorial Energia S.A's net assets have evolved over time, based on quarterly financial data. See Equatorial Energia S.A defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Equatorial Energia S.A (2003–2025)
The table below shows the annual net assets of Equatorial Energia S.A from 2003 to 2025. For live valuation and market cap data, see EQTL3 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$28.33 Billion ≈ $5.56 Billion |
-5.22% |
| 2024-12-31 | R$29.89 Billion ≈ $5.86 Billion |
+18.21% |
| 2023-12-31 | R$25.28 Billion ≈ $4.96 Billion |
+36.18% |
| 2022-12-31 | R$18.57 Billion ≈ $3.64 Billion |
+27.13% |
| 2021-12-31 | R$14.60 Billion ≈ $2.87 Billion |
+18.94% |
| 2020-12-31 | R$12.28 Billion ≈ $2.41 Billion |
+25.63% |
| 2019-12-31 | R$9.77 Billion ≈ $1.92 Billion |
+49.15% |
| 2018-12-31 | R$6.55 Billion ≈ $1.29 Billion |
+14.00% |
| 2017-12-31 | R$5.75 Billion ≈ $1.13 Billion |
+17.99% |
| 2016-12-31 | R$4.87 Billion ≈ $955.91 Million |
+15.19% |
| 2015-12-31 | R$4.23 Billion ≈ $829.85 Million |
+22.75% |
| 2014-12-31 | R$3.45 Billion ≈ $676.07 Million |
+21.00% |
| 2013-12-31 | R$2.85 Billion ≈ $558.76 Million |
+13.20% |
| 2012-12-31 | R$2.52 Billion ≈ $493.60 Million |
+99.88% |
| 2011-12-31 | R$1.26 Billion ≈ $246.95 Million |
-0.97% |
| 2010-12-31 | R$1.27 Billion ≈ $249.38 Million |
-13.35% |
| 2009-12-31 | R$1.47 Billion ≈ $287.81 Million |
-10.68% |
| 2008-12-31 | R$1.64 Billion ≈ $322.21 Million |
+84.31% |
| 2007-12-31 | R$890.95 Million ≈ $174.82 Million |
+1.02% |
| 2006-12-31 | R$881.96 Million ≈ $173.06 Million |
+30.73% |
| 2005-12-31 | R$674.63 Million ≈ $132.37 Million |
+101.12% |
| 2004-12-31 | R$335.44 Million ≈ $65.82 Million |
+197.06% |
| 2003-12-31 | R$112.92 Million ≈ $22.16 Million |
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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 361481500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$3.61 Billion | 14.04% |
| Common Stock | R$22.17 Billion | 86.09% |
| Other Comprehensive Income | R$3.71 Billion | 14.39% |
| Total Equity | R$25.75 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 |
|---|---|
|
Spic Yuanda Environmental Protection Co Ltd
SHG:600292
|
$9.13 Billion |
|
ALSTOM S.A. UNSP.ADR 1/10
F:AOMU
|
$9.13 Billion |
|
Guidewire Software Inc
NYSE:GWRE
|
$9.13 Billion |
|
Core & Main Inc
NYSE:CNM
|
$9.14 Billion |
|
Indra A
MC:IDR
|
$9.11 Billion |
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
$9.11 Billion |
|
Addtech AB (publ.)
ST:ADDT-B
|
$9.10 Billion |
|
Beijing Sifang Automation Co Ltd
SHG:601126
|
$9.10 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 2024 to 2025, total equity changed from 26,113,686,000 to 25,751,539,000, a change of -362,147,000 (-1.4%).
- Net income of 1,678,000,000 contributed positively to equity growth.
- Dividend payments of 5,372,846,000 reduced retained earnings.
- Share repurchases of 16,050,999 reduced equity.
- New share issuances of 225,942,000 increased equity.
- Other comprehensive income decreased equity by 8,988,814,000.
- Other factors increased equity by 12,111,621,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$1.68 Billion | +6.52% |
| Dividends Paid | R$5.37 Billion | -20.86% |
| Share Repurchases | R$16.05 Million | -0.06% |
| Share Issuances | R$225.94 Million | +0.88% |
| Other Comprehensive Income | R$-8.99 Billion | -34.91% |
| Other Changes | R$12.11 Billion | +47.03% |
| Total Change | R$- | -1.39% |
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: 1.81x
- 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 130.34x to 1.81x 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$37.05 | x |
| 2005-12-31 | R$0.53 | R$37.05 | x |
| 2006-12-31 | R$0.73 | R$37.05 | x |
| 2007-12-31 | R$0.70 | R$37.05 | x |
| 2008-12-31 | R$2.06 | R$37.05 | x |
| 2009-12-31 | R$2.27 | R$37.05 | x |
| 2010-12-31 | R$1.74 | R$37.05 | x |
| 2011-12-31 | R$1.67 | R$37.05 | x |
| 2012-12-31 | R$2.34 | R$37.05 | x |
| 2013-12-31 | R$2.35 | R$37.05 | x |
| 2014-12-31 | R$2.78 | R$37.05 | x |
| 2015-12-31 | R$3.44 | R$37.05 | x |
| 2016-12-31 | R$3.98 | R$37.05 | x |
| 2017-12-31 | R$4.75 | R$37.05 | x |
| 2018-12-31 | R$5.56 | R$37.05 | x |
| 2019-12-31 | R$8.02 | R$37.05 | x |
| 2020-12-31 | R$10.29 | R$37.05 | x |
| 2021-12-31 | R$12.87 | R$37.05 | x |
| 2022-12-31 | R$14.90 | R$37.05 | x |
| 2023-12-31 | R$18.25 | R$37.05 | x |
| 2024-12-31 | R$20.93 | R$37.05 | x |
| 2025-12-31 | R$20.47 | R$37.05 | 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): 6.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.22%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 4.26x
- Recent ROE (6.52%) is below the historical average (20.53%), 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$200.31 Million |
| 2025 | 6.52% | 3.22% | 0.48x | 4.26x | R$-897.15 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: $6,589,766,300
- Average return on equity (ROE) among peers: 22.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Equatorial Energia S.A (EQTL3) | R$28.20 Billion | 43.73% | 2.96x | $9.12 Billion |
| Afluente Transmissão de Energia Elétrica S.A (AFLT3) | $76.21 Million | 18.75% | 0.15x | $94.08 Million |
| Companhia Energética de Brasília - CEB (CEBR3) | $542.76 Million | -17.62% | 3.49x | $186.36 Million |
| Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) | $1.88 Billion | 40.01% | 2.14x | $1.37 Billion |
| Companhia Estadual de Distribuição de Energia Elétrica (CEED3) | $1.94 Billion | 98.37% | 1.08x | $108.89 Million |
| Companhia Energética do Ceará - Coelce (COCE3) | $3.49 Billion | 14.01% | 2.22x | $349.14 Million |
| CPFL Energia S.A (CPFE3) | $11.19 Billion | 10.55% | 2.69x | $9.92 Billion |
| Companhia Paranaense de Energia - COPEL (CPLE3) | $25.64 Billion | 10.96% | 1.24x | $8.48 Billion |
| Energisa S.A (ENGI11) | $12.48 Billion | 17.11% | 3.78x | $4.08 Billion |
| Energisa S.A (ENGI3) | $7.52 Billion | 19.55% | 5.06x | $2.23 Billion |
| Energisa Mato Grosso - Distribuidora de Energia S/A (ENMT3) | $1.16 Billion | 12.93% | 1.76x | $548.20 Million |
About Equatorial Energia S.A
Equatorial S.A., through its subsidiaries, engages in the generation, distribution, and commercialization of energy in Brazil. The company is also involved in sanitation activities, such as water supply and sewage services; sewer connections, water meter installation, water connections, and reconnections; and construction related to works or improvements. In addition, it provides telephone servic… Read more