enCore Energy Balance Sheet Health
Financial Health criteria checks 4/6
enCore Energy has a total shareholder equity of $287.9M and total debt of $19.2M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are $324.6M and $36.6M respectively.
Key information
6.7%
Debt to equity ratio
US$19.24m
Debt
Interest coverage ratio | n/a |
Cash | US$24.38m |
Equity | US$287.94m |
Total liabilities | US$36.64m |
Total assets | US$324.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6TU's short term assets ($25.3M) exceed its short term liabilities ($6.3M).
Long Term Liabilities: 6TU's short term assets ($25.3M) do not cover its long term liabilities ($30.4M).
Debt to Equity History and Analysis
Debt Level: 6TU has more cash than its total debt.
Reducing Debt: 6TU's debt to equity ratio has increased from 0% to 6.7% 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 6TU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6TU is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 63.6% per year.