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 ratio | n/a |
Cash | R100.65m |
Equity | R1.25b |
Total liabilities | R1.20b |
Total assets | R2.46b |
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