CN Energy Group Balance Sheet Health
Financial Health criteria checks 3/6
CN Energy Group has a total shareholder equity of $103.6M and total debt of $7.3M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are $126.2M and $22.6M respectively.
Key information
7.0%
Debt to equity ratio
US$7.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$195.50k |
| Equity | US$103.56m |
| Total liabilities | US$22.63m |
| Total assets | US$126.20m |
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 ($72.4M) exceed its short term liabilities ($22.4M).
Long Term Liabilities: CNEY's short term assets ($72.4M) exceed its long term liabilities ($189.7K).
Debt to Equity History and Analysis
Debt Level: CNEY's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: CNEY's debt to equity ratio has increased from 0% to 7% over the past 5 years.
Debt Coverage: CNEY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CNEY's interest payments on its debt are well covered by EBIT.