Energeia Balance Sheet Health
Financial Health criteria checks 1/6
Energeia has a total shareholder equity of NOK110.6M and total debt of NOK79.2M, which brings its debt-to-equity ratio to 71.6%. Its total assets and total liabilities are NOK223.6M and NOK113.0M respectively.
Key information
71.6%
Debt to equity ratio
NOK 79.19m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 11.47m |
| Equity | NOK 110.63m |
| Total liabilities | NOK 112.99m |
| Total assets | NOK 223.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENERG's short term assets (NOK42.7M) exceed its short term liabilities (NOK26.9M).
Long Term Liabilities: ENERG's short term assets (NOK42.7M) do not cover its long term liabilities (NOK86.1M).
Debt to Equity History and Analysis
Debt Level: ENERG's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: Insufficient data to determine if ENERG'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: ENERG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ENERG has less than a year of cash runway if free cash flow continues to grow at historical rates of 41.9% each year.