Solaer Renewable Energies Balance Sheet Health
Financial Health criteria checks 1/6
Solaer Renewable Energies has a total shareholder equity of ₪184.4M and total debt of ₪806.8M, which brings its debt-to-equity ratio to 437.5%. Its total assets and total liabilities are ₪1.2B and ₪1.0B respectively.
Key information
437.5%
Debt to equity ratio
₪806.84m
Debt
Interest coverage ratio | n/a |
Cash | ₪126.02m |
Equity | ₪184.43m |
Total liabilities | ₪1.02b |
Total assets | ₪1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOLR's short term assets (₪255.8M) exceed its short term liabilities (₪86.3M).
Long Term Liabilities: SOLR's short term assets (₪255.8M) do not cover its long term liabilities (₪936.5M).
Debt to Equity History and Analysis
Debt Level: SOLR's net debt to equity ratio (369.1%) is considered high.
Reducing Debt: Insufficient data to determine if SOLR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SOLR's debt is not well covered by operating cash flow (0.1%).
Interest Coverage: Insufficient data to determine if SOLR's interest payments on its debt are well covered by EBIT.