Photon Energy Balance Sheet Health
Financial Health criteria checks 3/6
Photon Energy has a total shareholder equity of €63.3M and total debt of €177.7M, which brings its debt-to-equity ratio to 280.7%. Its total assets and total liabilities are €279.1M and €215.8M respectively.
Key information
280.7%
Debt to equity ratio
€177.66m
Debt
| Interest coverage ratio | n/a |
| Cash | €8.62m |
| Equity | €63.28m |
| Total liabilities | €215.82m |
| Total assets | €279.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P7V's short term assets (€54.1M) exceed its short term liabilities (€34.2M).
Long Term Liabilities: P7V's short term assets (€54.1M) do not cover its long term liabilities (€181.6M).
Debt to Equity History and Analysis
Debt Level: P7V's net debt to equity ratio (267.1%) is considered high.
Reducing Debt: P7V's debt to equity ratio has increased from 224.6% to 280.7% 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: Whilst unprofitable P7V has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: P7V is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 20% per year.