Solaer Renewable Energies Balance Sheet Health
Financial Health criteria checks 3/6
Solaer Renewable Energies has a total shareholder equity of ₪295.3M and total debt of ₪991.0M, which brings its debt-to-equity ratio to 335.6%. Its total assets and total liabilities are ₪1.6B and ₪1.3B respectively.
Key information
335.6%
Debt to equity ratio
₪991.05m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪124.29m |
| Equity | ₪295.30m |
| Total liabilities | ₪1.30b |
| Total assets | ₪1.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SOLR's short term assets (₪354.4M) exceed its short term liabilities (₪183.2M).
Long Term Liabilities: SOLR's short term assets (₪354.4M) do not cover its long term liabilities (₪1.1B).
Debt to Equity History and Analysis
Debt Level: SOLR's net debt to equity ratio (293.5%) is considered high.
Reducing Debt: SOLR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: SOLR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SOLR has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.4% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 04:29 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Solaer Renewable Energies Ltd is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tiran Rothman | Frost & Sullivan Inc. |