Renergen Balance Sheet Health

Financial Health criteria checks 0/6

Renergen has a total shareholder equity of ZAR1.3B and total debt of ZAR993.1M, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are ZAR2.5B and ZAR1.2B respectively.

Key information

79.3%

Debt to equity ratio

R993.13m

Debt

Interest coverage ration/a
CashR100.65m
EquityR1.25b
Total liabilitiesR1.20b
Total assetsR2.46b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 9960's short term assets (ZAR196.5M) do not cover its short term liabilities (ZAR469.6M).

Long Term Liabilities: 9960's short term assets (ZAR196.5M) do not cover its long term liabilities (ZAR733.7M).


Debt to Equity History and Analysis

Debt Level: 9960's net debt to equity ratio (71.3%) is considered high.

Reducing Debt: 9960's debt to equity ratio has increased from 18.5% to 79.3% 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: 9960 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 9960 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.9% each year


Discover healthy companies