Enapter Balance Sheet Health
Financial Health criteria checks 3/6
Enapter has a total shareholder equity of €72.7M and total debt of €37.4M, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are €133.5M and €60.8M respectively.
Key information
51.5%
Debt to equity ratio
€37.44m
Debt
| Interest coverage ratio | n/a |
| Cash | €4.08m |
| Equity | €72.71m |
| Total liabilities | €60.82m |
| Total assets | €133.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H2OD's short term assets (€44.4M) exceed its short term liabilities (€16.1M).
Long Term Liabilities: H2OD's short term assets (€44.4M) do not cover its long term liabilities (€44.7M).
Debt to Equity History and Analysis
Debt Level: H2OD's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: H2OD's debt to equity ratio has increased from 42.7% to 51.5% 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: H2OD has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: H2OD is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.