Photon Energy Balance Sheet Health
Financial Health criteria checks 3/6
Photon Energy has a total shareholder equity of €64.3M and total debt of €169.9M, which brings its debt-to-equity ratio to 264.3%. Its total assets and total liabilities are €277.0M and €212.7M respectively.
Key information
264.3%
Debt to equity ratio
€169.92m
Debt
| Interest coverage ratio | n/a |
| Cash | €7.48m |
| Equity | €64.30m |
| Total liabilities | €212.68m |
| Total assets | €276.98m |
Recent financial health updates
Does Photon Energy (WSE:PEN) Have A Healthy Balance Sheet?
Sep 10
Does Photon Energy (WSE:PEN) Have A Healthy Balance Sheet?
Feb 15Photon Energy (WSE:PEN) Is Carrying A Fair Bit Of Debt
May 12Is Photon Energy (WSE:PEN) A Risky Investment?
Jan 27
Recent updates
Market Cool On Photon Energy N.V.'s (WSE:PEN) Revenues Pushing Shares 25% Lower
Nov 20Market Cool On Photon Energy N.V.'s (WSE:PEN) Revenues Pushing Shares 25% Lower
Nov 20Shareholders Will Probably Hold Off On Increasing Photon Energy N.V.'s (WSE:PEN) CEO Compensation For The Time Being
Jun 08Is Now The Time To Look At Buying Photon Energy N.V. (WSE:PEN)?
May 31Photon Energy's (WSE:PEN) Solid Profits Have Weak Fundamentals
Nov 18Photon Energy (WSE:PEN) Has More To Do To Multiply In Value Going Forward
Oct 07Does Photon Energy (WSE:PEN) Have A Healthy Balance Sheet?
Sep 10Photon Energy (WSE:PEN) Could Be Struggling To Allocate Capital
Jun 01Does Photon Energy (WSE:PEN) Have A Healthy Balance Sheet?
Feb 15Photon Energy (WSE:PEN) Is Carrying A Fair Bit Of Debt
May 12Is Photon Energy (WSE:PEN) A Risky Investment?
Jan 27Will The ROCE Trend At Photon Energy (WSE:PEN) Continue?
Dec 05Financial Position Analysis
Short Term Liabilities: PEN's short term assets (€65.9M) exceed its short term liabilities (€38.5M).
Long Term Liabilities: PEN's short term assets (€65.9M) do not cover its long term liabilities (€174.2M).
Debt to Equity History and Analysis
Debt Level: PEN's net debt to equity ratio (252.6%) is considered high.
Reducing Debt: PEN's debt to equity ratio has increased from 227.7% to 264.3% 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: Whilst unprofitable PEN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PEN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.9% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 11:37 |
| End of Day Share Price | 2024/12/19 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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Photon Energy N.V. is covered by 3 analysts. 2 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 |
|---|---|
| Kamil Kliszcz | Biuro maklerskie mBanku |
| Norbert Kalliwoda | Dr. Kalliwoda Research |
| Oliver Wojahn | mwb research AG |