Erato Energy Balance Sheet Health

Financial Health criteria checks 4/6

Erato Energy has a total shareholder equity of PLN3.1M and total debt of PLN6.4M, which brings its debt-to-equity ratio to 204.9%. Its total assets and total liabilities are PLN12.2M and PLN9.1M respectively.

Key information

204.9%

Debt to equity ratio

zł6.42m

Debt

Interest coverage ration/a
Cashzł1.71m
Equityzł3.13m
Total liabilitieszł9.11m
Total assetszł12.24m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 6N2's short term assets (PLN7.0M) exceed its short term liabilities (PLN6.8M).

Long Term Liabilities: 6N2's short term assets (PLN7.0M) exceed its long term liabilities (PLN2.3M).


Debt to Equity History and Analysis

Debt Level: 6N2's net debt to equity ratio (150.4%) is considered high.

Reducing Debt: 6N2's debt to equity ratio has increased from 74.8% to 204.9% 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 6N2 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 6N2 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.1% per year.


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