Companhia de Gás de São Paulo - COMGÁS

São Paulo Stock Exchange CGAS5.SA

Companhia de Gás de São Paulo - COMGÁS Debt to Equity Ratio for the year ending December 31, 2023: 4.14

Companhia de Gás de São Paulo - COMGÁS Debt to Equity Ratio is 4.14 for the year ending December 31, 2023, a -39.09% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Companhia de Gás de São Paulo - COMGÁS Debt to Equity Ratio for the year ending December 31, 2022 was 6.80, a 7.43% change year over year.
Companhia de Gás de São Paulo - COMGÁS Debt to Equity Ratio for the year ending December 31, 2021 was 6.33, a -47.04% change year over year.
Companhia de Gás de São Paulo - COMGÁS Debt to Equity Ratio for the year ending December 31, 2020 was 11.96, a 18.17% change year over year.
Companhia de Gás de São Paulo - COMGÁS Debt to Equity Ratio for the year ending December 31, 2019 was 10.12, a 653.96% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

São Paulo Stock Exchange: CGAS5.SA

Companhia de Gás de São Paulo - COMGÁS

CEO	Felipe Ferreira Guimarães Figueiredo
IPO Date	June 6, 2001
Location	Brazil
Headquarters	Rua Capitao Faustino Lima 134
Employees	1,134
Sector	Utilities
Industries Utilities Gas Petrochemicals

Description

Companhia de Gás de São Paulo COMGÁS distributes piped natural gas in the state of São Paulo, Brazil. The company provides natural gas to customers in the industrial, residential, commercial, automotive, thermogeneration, and cogeneration segments through a network of approximately 20,000 kilometers of pipelines. Its concession area covers 180 municipalities in the São Paulo and Greater Sao Paulo regions. As of December 31, 2021, the company had approximately 2.23 million customers. The company was formerly known as Companhia Municipal de Gás (Comgás) and changed its name to Companhia de Gás de São Paulo - COMGÁS in 1974. The company was incorporated in 1872 and is headquartered in São Paulo, Brazil. Companhia de Gás de São Paulo COMGÁS operates as a subsidiary of Compass Gas e Energia S.A.

Key trends

Past 5 years