EAM Solar Balance Sheet Health
Financial Health criteria checks 3/6
EAM Solar has a total shareholder equity of €1.7M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €8.3M and €6.6M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €391.72k |
Equity | €1.70m |
Total liabilities | €6.62m |
Total assets | €8.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EA2's short term assets (€2.6M) exceed its short term liabilities (€2.5M).
Long Term Liabilities: EA2's short term assets (€2.6M) do not cover its long term liabilities (€4.1M).
Debt to Equity History and Analysis
Debt Level: EA2 is debt free.
Reducing Debt: EA2 has no debt compared to 5 years ago when its debt to equity ratio was 54.3%.
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: EA2 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EA2 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.7% each year