Enertime Balance Sheet Health
Financial Health criteria checks 2/6
Enertime has a total shareholder equity of €639.4K and total debt of €2.0M, which brings its debt-to-equity ratio to 310.8%. Its total assets and total liabilities are €10.1M and €9.4M respectively.
Key information
310.8%
Debt to equity ratio
€1.99m
Debt
Interest coverage ratio | n/a |
Cash | €1.21m |
Equity | €639.41k |
Total liabilities | €9.44m |
Total assets | €10.08m |
Financial Position Analysis
Short Term Liabilities: ALENE's short term assets (€6.1M) exceed its short term liabilities (€3.8M).
Long Term Liabilities: ALENE's short term assets (€6.1M) exceed its long term liabilities (€5.7M).
Debt to Equity History and Analysis
Debt Level: ALENE's net debt to equity ratio (120.9%) is considered high.
Reducing Debt: ALENE's debt to equity ratio has increased from 11.3% to 310.8% 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 ALENE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALENE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.