Ennogie Solar Group Balance Sheet Health
Financial Health criteria checks 2/6
Ennogie Solar Group has a total shareholder equity of DKK19.2M and total debt of DKK17.3M, which brings its debt-to-equity ratio to 90.1%. Its total assets and total liabilities are DKK56.6M and DKK37.3M respectively.
Key information
90.1%
Debt to equity ratio
DKK 17.34m
Debt
| Interest coverage ratio | n/a |
| Cash | DKK 1.53m |
| Equity | DKK 19.24m |
| Total liabilities | DKK 37.32m |
| Total assets | DKK 56.56m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ESG's short term assets (DKK35.2M) exceed its short term liabilities (DKK22.2M).
Long Term Liabilities: ESG's short term assets (DKK35.2M) exceed its long term liabilities (DKK15.2M).
Debt to Equity History and Analysis
Debt Level: ESG's net debt to equity ratio (82.2%) is considered high.
Reducing Debt: Insufficient data to determine if ESG'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: ESG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ESG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.5% each year