Erato Energy Balance Sheet Health
Financial Health criteria checks 3/6
Erato Energy has a total shareholder equity of PLN2.5M and total debt of PLN6.0M, which brings its debt-to-equity ratio to 236.9%. Its total assets and total liabilities are PLN11.4M and PLN8.9M respectively.
Key information
236.9%
Debt to equity ratio
zł5.95m
Debt
| Interest coverage ratio | n/a |
| Cash | zł1.32m |
| Equity | zł2.51m |
| Total liabilities | zł8.89m |
| Total assets | zł11.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6N2's short term assets (PLN6.4M) do not cover its short term liabilities (PLN6.7M).
Long Term Liabilities: 6N2's short term assets (PLN6.4M) exceed its long term liabilities (PLN2.2M).
Debt to Equity History and Analysis
Debt Level: 6N2's net debt to equity ratio (184.3%) is considered high.
Reducing Debt: 6N2's debt to equity ratio has increased from 0% to 236.9% 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, due to free cash flow being positive and growing by 1.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 05:03 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Erato Energy S.A. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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