Sono Group Balance Sheet Health
Financial Health criteria checks 0/6
Sono Group has a total shareholder equity of €-82.8M and total debt of €35.2M, which brings its debt-to-equity ratio to -42.5%. Its total assets and total liabilities are €12.2M and €95.0M respectively.
Key information
-42.5%
Debt to equity ratio
€35.20m
Debt
| Interest coverage ratio | n/a |
| Cash | €9.51m |
| Equity | -€82.80m |
| Total liabilities | €95.02m |
| Total assets | €12.22m |
Recent financial health updates
Recent updates
Is Sono Group N.V. (NASDAQ:SEV) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 25
Sono Motors adds Scania, LLT as new customers
Oct 07Sono Motors reaches 20K reservations for solar/electric car Sion
Sep 01Sono's New Solar E-Mobility Wave Could Push The Price Up
May 25Is The Sono Group Stock A Buy, Sell, Or Hold?
Jan 19Sono Motors IPO Review: Solar EV Technology With A Bright Future
Nov 24Financial Position Analysis
Short Term Liabilities: SEVC.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SEVC.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SEVC.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SEVC.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Insufficient data to determine if SEVC.F has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SEVC.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.