Elektro Redes S.A.

São Paulo Stock Exchange EKTR4.SA

Elektro Redes S.A. Interest Coverage Ratio for the year ending December 31, 2023: 3.07

Elektro Redes S.A. Interest Coverage Ratio is 3.07 for the year ending December 31, 2023, a -24.62% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Elektro Redes S.A. Interest Coverage Ratio for the year ending December 31, 2022 was 4.08, a -28.75% change year over year.
Elektro Redes S.A. Interest Coverage Ratio for the year ending December 31, 2021 was 5.72, a 33.84% change year over year.
Elektro Redes S.A. Interest Coverage Ratio for the year ending December 31, 2020 was 4.27, a 7.77% change year over year.
Elektro Redes S.A. Interest Coverage Ratio for the year ending December 31, 2019 was 3.97, a 56.79% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

São Paulo Stock Exchange: EKTR4.SA

Elektro Redes S.A.

CEO	Antonio Sergio Casanova
IPO Date	Jan. 3, 2000
Location	Brazil
Headquarters	Rua Ary Antenor de Souza, 321
Employees	3,629
Sector	Utilities
Industries Utilities Electricity Energy Infrastructure & Tools Hydro Energy Renewables Solar Energy

Description

Elektro Redes S.A. engages in the distribution of electricity to homes and businesses in Brazil. The company distributes electricity to 223 cities of São Paulo and 5 cities of Mato Grosso do Sul. It serves approximately 6 million people. The company was formerly known as Elektro Eletricidade e Serviços S.A. and changed its name to Elektro Redes S.A. in August 2016. The company was founded in 1998 and is headquartered in Campinas, Brazil.

Key trends

Past 5 years