ENECHANGE Balance Sheet Health
Financial Health criteria checks 4/6
ENECHANGE has a total shareholder equity of ¥2.3B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 108.1%. Its total assets and total liabilities are ¥6.6B and ¥4.3B respectively.
Key information
108.1%
Debt to equity ratio
JP¥2.49b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥1.30b |
| Equity | JP¥2.30b |
| Total liabilities | JP¥4.33b |
| Total assets | JP¥6.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4169's short term assets (¥4.4B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 4169's short term assets (¥4.4B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 4169's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: 4169's debt to equity ratio has increased from 0% to 108.1% 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 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 4169 is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.