Leverage • Comgás
CGAS3
Companhia de Gás de São Paulo (Comgas) is a piped natural gas distributor operating under a concession contract. Its main business is gas distribution to various consumer segments, including industrial, residential, commercial, automotive, thermal and cogeneration. The company's concession area covers approximately 180 municipalities in the state of São Paulo, including Greater São Paulo. Company revenue is generated from the sale and distribution of gas within that designated geographic area. Comgas serves both the captive market and Mercado Livre clients, where they negotiate the purchase of gas directly with suppliers, but use the company's distribution infrastructure.
1,9
N.D. With Lease/EBITDA
How many years of EBITDA are required to pay off the company's net debt considering the lease agreements, according to the official accounting standard IFRS16. As a market consensus, a value of up to 3 years of leverage is accepted for most companies.
425,4%
Debt/Equity
How much the company's debt represents in % in relation to its equity. As a market consensus, a value less than or equal to 1 is accepted, above that leverage can end up hurting the final result at some point.
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