Sunnova Energy International Balance Sheet Health
Financial Health criteria checks 0/6
Sunnova Energy International has a total shareholder equity of $2.3B and total debt of $7.8B, which brings its debt-to-equity ratio to 334.5%. Its total assets and total liabilities are $11.8B and $9.5B respectively.
Key information
334.5%
Debt to equity ratio
US$7.77b
Debt
Interest coverage ratio | n/a |
Cash | US$239.04m |
Equity | US$2.32b |
Total liabilities | US$9.49b |
Total assets | US$11.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7SE's short term assets ($817.4M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: 7SE's short term assets ($817.4M) do not cover its long term liabilities ($8.4B).
Debt to Equity History and Analysis
Debt Level: 7SE's net debt to equity ratio (324.2%) is considered high.
Reducing Debt: 7SE's debt to equity ratio has increased from 190.9% to 334.5% 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: 7SE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 7SE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.7% each year