Tion Renewables Balance Sheet Health

Financial Health criteria checks 1/6

Tion Renewables has a total shareholder equity of €108.4M and total debt of €158.9M, which brings its debt-to-equity ratio to 146.5%. Its total assets and total liabilities are €314.4M and €206.0M respectively. Tion Renewables's EBIT is €4.7M making its interest coverage ratio 0.7. It has cash and short-term investments of €32.8M.

Key information

146.5%

Debt to equity ratio

€158.87m

Debt

Interest coverage ratio0.7x
Cash€32.81m
Equity€108.42m
Total liabilities€206.03m
Total assets€314.45m

Recent financial health updates

No updates

Recent updates

Tion Renewables' (ETR:PRY) Promising Earnings May Rest On Soft Foundations

Oct 08
Tion Renewables' (ETR:PRY) Promising Earnings May Rest On Soft Foundations

Breakeven Is Near for Pacifico Renewables Yield AG (ETR:PRY)

Feb 19
Breakeven Is Near for Pacifico Renewables Yield AG (ETR:PRY)

Financial Position Analysis

Short Term Liabilities: TION's short term assets (€40.3M) exceed its short term liabilities (€30.4M).

Long Term Liabilities: TION's short term assets (€40.3M) do not cover its long term liabilities (€175.7M).


Debt to Equity History and Analysis

Debt Level: TION's net debt to equity ratio (116.3%) is considered high.

Reducing Debt: Insufficient data to determine if TION'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: Insufficient data to determine if TION has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if TION has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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