Ennogie Solar Group Balance Sheet Health
Financial Health criteria checks 2/6
Ennogie Solar Group has a total shareholder equity of DKK18.3M and total debt of DKK16.3M, which brings its debt-to-equity ratio to 88.8%. Its total assets and total liabilities are DKK57.3M and DKK39.0M respectively.
Key information
88.8%
Debt to equity ratio
DKK 16.26m
Debt
| Interest coverage ratio | n/a |
| Cash | DKK 3.30m |
| Equity | DKK 18.31m |
| Total liabilities | DKK 39.02m |
| Total assets | DKK 57.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B0W's short term assets (DKK35.9M) exceed its short term liabilities (DKK25.1M).
Long Term Liabilities: B0W's short term assets (DKK35.9M) exceed its long term liabilities (DKK13.9M).
Debt to Equity History and Analysis
Debt Level: B0W's net debt to equity ratio (70.8%) is considered high.
Reducing Debt: Insufficient data to determine if B0W's debt to equity ratio has reduced 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: B0W has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: B0W has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.1% each year.