Erato Energy Balance Sheet Health

Financial Health criteria checks 3/6

Erato Energy has a total shareholder equity of PLN2.5M and total debt of PLN6.0M, which brings its debt-to-equity ratio to 236.9%. Its total assets and total liabilities are PLN11.4M and PLN8.9M respectively.

Key information

236.9%

Debt to equity ratio

zł5.95m

Debt

Interest coverage ration/a
Cashzł1.32m
Equityzł2.51m
Total liabilitieszł8.89m
Total assetszł11.40m

Recent financial health updates

No updates

Recent updates

Erato Energy S.A.'s (WSE:ERA) Share Price Not Quite Adding Up

Jan 18
Erato Energy S.A.'s (WSE:ERA) Share Price Not Quite Adding Up

Financial Position Analysis

Short Term Liabilities: ERA's short term assets (PLN6.4M) do not cover its short term liabilities (PLN6.7M).

Long Term Liabilities: ERA's short term assets (PLN6.4M) exceed its long term liabilities (PLN2.2M).


Debt to Equity History and Analysis

Debt Level: ERA's net debt to equity ratio (184.3%) is considered high.

Reducing Debt: ERA's debt to equity ratio has increased from 0% to 236.9% 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 ERA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ERA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.8% per year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:43
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

Erato Energy S.A. is covered by 0 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.

AnalystInstitution