Emeren Group Balance Sheet Health
Financial Health criteria checks 5/6
Emeren Group has a total shareholder equity of $359.4M and total debt of $26.2M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are $470.1M and $110.7M respectively.
Key information
7.3%
Debt to equity ratio
US$26.21m
Debt
| Interest coverage ratio | n/a |
| Cash | US$51.07m |
| Equity | US$359.41m |
| Total liabilities | US$110.70m |
| Total assets | US$470.11m |
Recent financial health updates
Is Emeren Group (NYSE:SOL) Using Too Much Debt?
Nov 16
Is Emeren Group (NYSE:SOL) Using Debt Sensibly?
Jun 14ReneSola (NYSE:SOL) Has Debt But No Earnings; Should You Worry?
Jul 16Recent updates
Market Cool On Emeren Group Ltd's (NYSE:SOL) Revenues Pushing Shares 27% Lower
Nov 20Is Emeren Group (NYSE:SOL) Using Too Much Debt?
Nov 16Investors Still Aren't Entirely Convinced By Emeren Group Ltd's (NYSE:SOL) Revenues Despite 27% Price Jump
Mar 07Emeren Group Ltd's (NYSE:SOL) P/S Is Still On The Mark Following 26% Share Price Bounce
Dec 23Emeren Group: From Debt-Laden To Renewable Upstart
Oct 28Capital Allocation Trends At Emeren Group (NYSE:SOL) Aren't Ideal
Oct 03The Bottom Fishing Club: Emeren Group
Aug 18Is Emeren Group (NYSE:SOL) Using Debt Sensibly?
Jun 14ReneSola announces buyback of ADSs from its Singaporean unit
Jan 04ReneSola Power expands into Italy and other European countries though Emeren acquisition
Oct 11ReneSola: Needs To Fast-Track Solar Development Projects
Sep 26US$10.67: That's What Analysts Think ReneSola Ltd (NYSE:SOL) Is Worth After Its Latest Results
Sep 10ReneSola Non-GAAP EPS of -$0.01 misses by $0.03, revenue of $8.21M misses by $6.19M
Sep 07ReneSola Encounters Headwinds But Looks Better Positioned Than Most
Jun 14The Return Trends At ReneSola (NYSE:SOL) Look Promising
Jun 09ReneSola: Not Enough Margin Of Safety, Even With Its Strong Balance Sheet
Mar 28ReneSola Selling For Less Than Liquidation Value
Feb 06Fresh From Surviving Short Seller Attack, ReneSola Sinks Again On Revenue Shortfall
Dec 09Solar Farms + Cash = ReneSola
Oct 20ReneSola (NYSE:SOL) Has Debt But No Earnings; Should You Worry?
Jul 16Financial Position Analysis
Short Term Liabilities: SOL's short term assets ($211.8M) exceed its short term liabilities ($48.8M).
Long Term Liabilities: SOL's short term assets ($211.8M) exceed its long term liabilities ($61.9M).
Debt to Equity History and Analysis
Debt Level: SOL has more cash than its total debt.
Reducing Debt: SOL's debt to equity ratio has reduced from 44.2% to 7.3% 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: SOL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SOL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.3% each year