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AXIA Energia stock: balance sheet and debt

AXIA3.SA
$8.46Closing price of 12 Nov 2026MEQIRI Score 56 out of 100

AXIA Energia has a debt to equity ratio of 0.65.

Daily figure as of 13 Nov 2026

Debt / Equity
0.65
Interest coverage
−0.2x
Current ratio
1.68
Cash & equivalents
$4.91B
Total assets
$49.79B
Equity ratio
42.4%
Goodwill and intangible assets
$13.64B
not split out
Net debt
$8.85B

Total assets and equity ratio

How large the balance sheet of AXIA Energia is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$21.74B$73.45Mnot split out63.8%$2.58B
2007$21.47B$83.64Mnot split out66.3%$1.18B
2008$26.77Bnot reported separatelynot reported separately46.9%$4.04B
2009$23.82B$421.78Mnot split out57.0%$47.8M
2010$26.15B$166.02Mnot split out48.2%$3.09B
2011$29.04B$511.26Mnot split out47.3%$4.9B
2012$30.66B$409.61Mnot split out39.1%$7.32B
2013$24.64B$140.39Mnot split out43.9%$3.98B
2014$25.75B$243.08Mnot split out39.3%$7.77B
2015$26.64B$166.49Mnot split out27.9%$7.04B
2016$30.81B$135.62Mnot split out25.5%$7.03B
2017$30.8B$133.48Mnot split out24.7%$5.74B
2018$32.26B$115.66Mnot split out30.9%$7.71B
2019$31.6B$116.62Mnot split out40.2%$5.86B
2020$31.86B$115.89Mnot split out41.2%$6.19B
2021$33.52B$888.78M$28.21M40.6%$5.27B
2022$48.11B$14.24B$16.49M41.1%$6.68B
2023$47.55B$14.22Bnot split out42.1%$7.87B
2024$51.61B$14.05Bnot split out42.1%$7.6B
2025$49.79B$13.64Bnot split out42.4%$8.85B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$971.91M$13.81B$3.55B0.26
2007$1.44B$14.17B$2.62B0.18
2008$2.32B$12.5B$6.36B0.51
2009$3.14B$13.55B$3.19B0.24
2010$2.88B$12.56B$5.97B0.47
2011$3.28B$13.68B$8.18B0.6
2012$2.07B$11.94B$9.39B0.78
2013$1.93B$10.77B$5.92B0.55
2014$1.53B$10.07B$9.29B0.92
2015$1.64B$7.49B$8.68B1.17
2016$1.52B$7.87B$8.55B1.09
2017$2.66B$7.54B$8.4B1.1
2018$2.32B$9.89B$10.03B1.01
2019$2.97B$12.62B$8.83B0.69
2020$2.55B$13.08B$8.74B0.67
2021$2.94B$13.55B$8.21B0.6
2022$4.21B$19.67B$10.89B0.55
2023$3.38B$20B$11.24B0.56
2024$6.32B$21.7B$13.93B0.64
2025$4.91B$21.08B$13.76B0.65

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = R$5.6169)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 1 May 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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