Econergy Renewable Energy Balance Sheet Health
Financial Health criteria checks 1/6
Econergy Renewable Energy has a total shareholder equity of €136.9M and total debt of €192.1M, which brings its debt-to-equity ratio to 140.4%. Its total assets and total liabilities are €372.1M and €235.3M respectively.
Key information
140.4%
Debt to equity ratio
€192.14m
Debt
| Interest coverage ratio | n/a |
| Cash | €52.41m |
| Equity | €136.86m |
| Total liabilities | €235.28m |
| Total assets | €372.14m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ECNR's short term assets (€76.8M) exceed its short term liabilities (€21.5M).
Long Term Liabilities: ECNR's short term assets (€76.8M) do not cover its long term liabilities (€213.8M).
Debt to Equity History and Analysis
Debt Level: ECNR's net debt to equity ratio (102.1%) is considered high.
Reducing Debt: Insufficient data to determine if ECNR'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: ECNR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ECNR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 78.9% each year