CN Energy Group Balance Sheet Health
Financial Health criteria checks 5/6
CN Energy Group has a total shareholder equity of $102.8M and total debt of $6.5M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are $118.4M and $15.6M respectively.
Key information
6.3%
Debt to equity ratio
US$6.46m
Debt
| Interest coverage ratio | n/a |
| Cash | US$126.42k |
| Equity | US$102.82m |
| Total liabilities | US$15.60m |
| Total assets | US$118.42m |
Recent financial health updates
Recent updates
Investors Aren't Entirely Convinced By CN Energy Group. Inc.'s (NASDAQ:CNEY) Revenues
Dec 20
The Market Doesn't Like What It Sees From CN Energy Group. Inc.'s (NASDAQ:CNEY) Earnings Yet As Shares Tumble 57%
Feb 11CN Energy Group (NASDAQ:CNEY) Is Reinvesting At Lower Rates Of Return
Apr 29We Think You Should Be Aware Of Some Concerning Factors In CN Energy Group's (NASDAQ:CNEY) Earnings
Sep 05Financial Position Analysis
Short Term Liabilities: CNEY's short term assets ($68.2M) exceed its short term liabilities ($15.5M).
Long Term Liabilities: CNEY's short term assets ($68.2M) exceed its long term liabilities ($107.3K).
Debt to Equity History and Analysis
Debt Level: CNEY's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: CNEY's debt to equity ratio has increased from 2.5% to 6.3% 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: CNEY has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CNEY is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.