Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) — Tangible Net Worth Ratio
Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) has a Tangible Net Worth Ratio of -181.6% as of June 2026. This metric is calculated by deducting intangible assets (R$23.42 Billion) from net assets (R$8.31 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore CEEB3 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Companhiade Eletricidade do Estado da Bahia - COELBA Tangible Net Worth Ratio (2000–2025)
This chart shows how Companhiade Eletricidade do Estado da Bahia - COELBA's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of June 2026, the ratio stands at -181.6%, reflecting net assets of R$8.31 Billion with intangible assets of R$23.42 Billion BRL. For live market cap and overall valuation, see market cap of Companhiade Eletricidade do Estado da Ba.
Annual Tangible Net Worth Ratio for Companhiade Eletricidade do Estado da Bahia - COELBA (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Companhiade Eletricidade do Estado da Bahia - COELBA from 2000 to 2025, covering 26 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Companhiade Eletricidade do Estado da Ba capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (BRL) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 81.0% | R$7.85 Billion | R$1.49 Billion | R$35.86 Billion | ▲ +11.6 pp |
| 2024 | 69.4% | R$7.42 Billion | R$2.27 Billion | R$31.28 Billion | ▲ +12.9 pp |
| 2023 | 56.5% | R$6.44 Billion | R$2.80 Billion | R$27.88 Billion | ▲ +10.5 pp |
| 2022 | 45.9% | R$5.91 Billion | R$3.19 Billion | R$25.63 Billion | ▼ -1.7 pp |
| 2021 | 47.6% | R$6.18 Billion | R$3.23 Billion | R$24.40 Billion | ▲ +37.2 pp |
| 2020 | 10.5% | R$6.11 Billion | R$5.47 Billion | R$20.92 Billion | ▼ -26.4 pp |
| 2019 | 36.9% | R$5.22 Billion | R$3.30 Billion | R$18.95 Billion | ▲ +35.6 pp |
| 2018 | 1.3% | R$5.21 Billion | R$5.14 Billion | R$14.53 Billion | ▲ +39.6 pp |
| 2017 | -38.3% | R$3.17 Billion | R$4.38 Billion | R$12.55 Billion | ▼ -2.9 pp |
| 2016 | -35.4% | R$2.96 Billion | R$4.00 Billion | R$10.53 Billion | ▼ -12.9 pp |
| 2015 | -22.6% | R$3.07 Billion | R$3.76 Billion | R$9.65 Billion | ▲ +6.0 pp |
| 2014 | -28.5% | R$2.79 Billion | R$3.58 Billion | R$8.33 Billion | ▲ +18.6 pp |
| 2013 | -47.1% | R$2.49 Billion | R$3.67 Billion | R$7.63 Billion | ▲ +5.7 pp |
| 2012 | -52.8% | R$2.02 Billion | R$3.08 Billion | R$6.98 Billion | ▲ +15.6 pp |
| 2011 | -68.4% | R$1.88 Billion | R$3.16 Billion | R$5.89 Billion | ▼ -34.3 pp |
| 2010 | -34.2% | R$2.38 Billion | R$3.19 Billion | R$5.37 Billion | ▼ -88.8 pp |
| 2009 | 54.7% | R$2.12 Billion | R$962.19 Million | R$4.76 Billion | ▼ -38.2 pp |
| 2008 | 92.9% | R$1.63 Billion | R$115.66 Million | R$4.24 Billion | ▼ -2.6 pp |
| 2007 | 95.5% | R$1.54 Billion | R$68.73 Million | R$4.53 Billion | ▼ -0.5 pp |
| 2006 | 96.1% | R$1.30 Billion | R$50.92 Million | R$4.07 Billion | ▲ +99.3 pp |
| 2005 | -3.2% | R$1.15 Billion | R$1.19 Billion | R$4.01 Billion | ▼ -80.2 pp |
| 2004 | 77.0% | R$1.69 Billion | R$389.31 Million | R$4.08 Billion | ▼ -9.7 pp |
| 2003 | 86.7% | R$1.85 Billion | R$245.16 Million | R$4.99 Billion | ▼ -0.5 pp |
| 2002 | 87.2% | R$2.03 Billion | R$258.93 Million | R$5.96 Billion | ▼ -12.8 pp |
| 2001 | 100.0% | R$1.87 Billion | R$0.00 | R$4.72 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | R$2.45 Billion | R$0.00 | R$4.67 Billion | — |