Sonoro Energy Balance Sheet Health
Financial Health criteria checks 1/6
Sonoro Energy has a total shareholder equity of CA$2.0M and total debt of CA$700.0K, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are CA$3.5M and CA$1.5M respectively.
Key information
34.7%
Debt to equity ratio
CA$700.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$342.30k |
| Equity | CA$2.02m |
| Total liabilities | CA$1.47m |
| Total assets | CA$3.49m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNV's short term assets (CA$618.6K) do not cover its short term liabilities (CA$711.6K).
Long Term Liabilities: SNV's short term assets (CA$618.6K) do not cover its long term liabilities (CA$761.1K).
Debt to Equity History and Analysis
Debt Level: SNV's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: SNV's debt to equity ratio has increased from 0% to 34.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SNV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SNV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.4% each year