Sonoro Energy Balance Sheet Health
Financial Health criteria checks 3/6
Sonoro Energy has a total shareholder equity of CA$2.4M and total debt of CA$700.0K, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are CA$4.0M and CA$1.6M respectively.
Key information
29.5%
Debt to equity ratio
CA$700.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$455.28k |
Equity | CA$2.38m |
Total liabilities | CA$1.64m |
Total assets | CA$4.02m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNVF.F's short term assets (CA$911.2K) exceed its short term liabilities (CA$882.4K).
Long Term Liabilities: SNVF.F's short term assets (CA$911.2K) exceed its long term liabilities (CA$760.2K).
Debt to Equity History and Analysis
Debt Level: SNVF.F's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: SNVF.F's debt to equity ratio has increased from 0% to 29.5% over the past 5 years.
Debt Coverage: SNVF.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SNVF.F's interest payments on its debt are well covered by EBIT.