Emeren Group Balance Sheet Health
Financial Health criteria checks 5/6
Emeren Group has a total shareholder equity of $359.4M and total debt of $26.2M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are $470.1M and $110.7M respectively.
Key information
7.3%
Debt to equity ratio
US$26.21m
Debt
| Interest coverage ratio | n/a |
| Cash | US$51.07m |
| Equity | US$359.41m |
| Total liabilities | US$110.70m |
| Total assets | US$470.11m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VQKB's short term assets ($211.8M) exceed its short term liabilities ($48.8M).
Long Term Liabilities: VQKB's short term assets ($211.8M) exceed its long term liabilities ($61.9M).
Debt to Equity History and Analysis
Debt Level: VQKB has more cash than its total debt.
Reducing Debt: VQKB's debt to equity ratio has reduced from 44.2% to 7.3% 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: VQKB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VQKB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.3% each year