SUNation Energy Balance Sheet Health
Financial Health criteria checks 0/6
SUNation Energy has a total shareholder equity of $13.1M and total debt of $16.7M, which brings its debt-to-equity ratio to 126.9%. Its total assets and total liabilities are $51.0M and $37.9M respectively.
Key information
126.9%
Debt to equity ratio
US$16.66m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.06m |
| Equity | US$13.13m |
| Total liabilities | US$37.87m |
| Total assets | US$51.00m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SUNE's short term assets ($11.7M) do not cover its short term liabilities ($24.9M).
Long Term Liabilities: SUNE's short term assets ($11.7M) do not cover its long term liabilities ($12.9M).
Debt to Equity History and Analysis
Debt Level: SUNE's net debt to equity ratio (118.8%) is considered high.
Reducing Debt: Insufficient data to determine if SUNE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SUNE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SUNE's interest payments on its debt are well covered by EBIT.