Emeren Group Balance Sheet Health
Financial Health criteria checks 6/6
Emeren Group has a total shareholder equity of $320.3M and total debt of $42.6M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are $442.9M and $122.6M respectively.
Key information
13.30%
Debt to equity ratio
US$42.58m
Debt
| Interest coverage ratio | n/a |
| Cash | US$58.70m |
| Equity | US$320.28m |
| Total liabilities | US$122.58m |
| Total assets | US$442.86m |
Recent financial health updates
Is Emeren Group (NYSE:SOL) Using Too Much Debt?
Nov 16
Is Emeren Group (NYSE:SOL) Using Debt Sensibly?
Jun 14Recent updates
Battery Storage Projects Will Open Markets In Europe And China
Expansion into China's merchant power market and strategic energy storage initiatives are expected to boost revenue and enhance profitability through high-margin opportunities.Emeren Group Ltd's (NYSE:SOL) 29% Share Price Plunge Could Signal Some Risk
Mar 15Market 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 06Financial Position Analysis
Short Term Liabilities: SOL's short term assets ($187.5M) exceed its short term liabilities ($44.2M).
Long Term Liabilities: SOL's short term assets ($187.5M) exceed its long term liabilities ($78.4M).
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 25.3% to 13.3% 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 3 years based on its current free cash flow.
Forecast Cash Runway: SOL has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 28.6% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/14 15:28 |
| End of Day Share Price | 2025/09/12 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Emeren Group Ltd is covered by 18 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vishal Shah | Barclays |
| Wayne T. Chang | Brean Capital |
| Yu Zhang | China International Capital Corporation Limited |