Waga Energy Balance Sheet Health
Financial Health criteria checks 6/6
Waga Energy has a total shareholder equity of €97.9M and total debt of €57.4M, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are €194.6M and €96.7M respectively.
Key information
58.6%
Debt to equity ratio
€57.38m
Debt
Interest coverage ratio | n/a |
Cash | €38.66m |
Equity | €97.87m |
Total liabilities | €96.71m |
Total assets | €194.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAGAP's short term assets (€70.2M) exceed its short term liabilities (€35.8M).
Long Term Liabilities: WAGAP's short term assets (€70.2M) exceed its long term liabilities (€60.9M).
Debt to Equity History and Analysis
Debt Level: WAGAP's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: WAGAP's debt to equity ratio has reduced from 4031.5% to 58.6% 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: WAGAP has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WAGAP is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.