Rede Energia Participações S.A.

São Paulo Stock Exchange REDE3.SA

Rede Energia Participações S.A. Debt to Equity Ratio for the year ending December 31, 2023: 3.10

Rede Energia Participações S.A. Debt to Equity Ratio is 3.10 for the year ending December 31, 2023, a 7.49% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Rede Energia Participações S.A. Debt to Equity Ratio for the year ending December 31, 2022 was 2.88, a 7.92% change year over year.
Rede Energia Participações S.A. Debt to Equity Ratio for the year ending December 31, 2021 was 2.67, a 22.02% change year over year.
Rede Energia Participações S.A. Debt to Equity Ratio for the year ending December 31, 2020 was 2.19, a -3.32% change year over year.
Rede Energia Participações S.A. Debt to Equity Ratio for the year ending December 31, 2019 was 2.26, a 9.78% 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: REDE3.SA

Rede Energia Participações S.A.

CEO	Mr. Ricardo Perez Botelho
IPO Date	Jan. 3, 2000
Location	Brazil
Headquarters	Praca Rui Barbosa,n 80, Centro
Employees	6,966
Sector	Utilities
Industries Electricity Energy Infrastructure & Tools Hydro Energy Renewables Solar Energy Utilities

Description

Rede Energia Participações S.A., through its subsidiaries, engages in the generation, distribution, and commercialization of electricity in Brazil. The company is also involved in the construction, operation, maintenance and related service operations. It offers its electricity to residential, industrial, commercial, agricultural, government, and public sector customers. The company was incorporated in 1969 and is based in Sao Paulo, Brazil.

Key trends

Past 5 years