Renergen Balance Sheet Health
Financial Health criteria checks 3/6
Renergen has a total shareholder equity of ZAR1.3B and total debt of ZAR1.2B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are ZAR2.7B and ZAR1.4B respectively.
Key information
93.6%
Debt to equity ratio
R1.24b
Debt
Interest coverage ratio | n/a |
Cash | R473.60m |
Equity | R1.32b |
Total liabilities | R1.39b |
Total assets | R2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RGNN.F's short term assets (ZAR599.1M) exceed its short term liabilities (ZAR571.6M).
Long Term Liabilities: RGNN.F's short term assets (ZAR599.1M) do not cover its long term liabilities (ZAR816.5M).
Debt to Equity History and Analysis
Debt Level: RGNN.F's net debt to equity ratio (57.7%) is considered high.
Reducing Debt: RGNN.F's debt to equity ratio has increased from 24.1% to 93.6% 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: RGNN.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RGNN.F has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 27.8% each year.