ENECHANGE Balance Sheet Health
Financial Health criteria checks 5/6
ENECHANGE has a total shareholder equity of ¥800.0M and total debt of ¥3.0B, which brings its debt-to-equity ratio to 377.6%. Its total assets and total liabilities are ¥7.7B and ¥6.9B respectively.
Key information
377.6%
Debt to equity ratio
JP¥3.02b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥4.37b |
| Equity | JP¥800.00m |
| Total liabilities | JP¥6.89b |
| Total assets | JP¥7.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4169's short term assets (¥5.6B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 4169's short term assets (¥5.6B) exceed its long term liabilities (¥2.6B).
Debt to Equity History and Analysis
Debt Level: 4169 has more cash than its total debt.
Reducing Debt: 4169's debt to equity ratio has increased from 52.8% to 377.6% 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: 4169 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 4169 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 60.9% each year.