Brenmiller Energy Balance Sheet Health
Financial Health criteria checks 3/6
Brenmiller Energy has a total shareholder equity of $2.9M and total debt of $4.5M, which brings its debt-to-equity ratio to 154.9%. Its total assets and total liabilities are $10.6M and $7.7M respectively.
Key information
154.9%
Debt to equity ratio
US$4.46m
Debt
Interest coverage ratio | n/a |
Cash | US$3.18m |
Equity | US$2.88m |
Total liabilities | US$7.71m |
Total assets | US$10.59m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BNRG's short term assets ($4.6M) exceed its short term liabilities ($2.7M).
Long Term Liabilities: BNRG's short term assets ($4.6M) do not cover its long term liabilities ($5.0M).
Debt to Equity History and Analysis
Debt Level: BNRG's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: BNRG's debt to equity ratio has increased from 64.4% to 154.9% 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: BNRG has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BNRG is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.