Ennogie Solar Group Balance Sheet Health
Financial Health criteria checks 2/6
Ennogie Solar Group has a total shareholder equity of DKK22.7M and total debt of DKK18.4M, which brings its debt-to-equity ratio to 81%. Its total assets and total liabilities are DKK63.0M and DKK40.3M respectively.
Key information
81.0%
Debt to equity ratio
DKK 18.35m
Debt
Interest coverage ratio | n/a |
Cash | DKK 2.32m |
Equity | DKK 22.66m |
Total liabilities | DKK 40.32m |
Total assets | DKK 62.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B0W's short term assets (DKK41.9M) exceed its short term liabilities (DKK23.5M).
Long Term Liabilities: B0W's short term assets (DKK41.9M) exceed its long term liabilities (DKK16.8M).
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 reduce at historical rates of 13.6% each year