Candy Club Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Candy Club Holdings has a total shareholder equity of $2.0M and total debt of $7.0M, which brings its debt-to-equity ratio to 343.2%. Its total assets and total liabilities are $11.0M and $8.9M respectively.
Key information
343.2%
Debt to equity ratio
US$7.03m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.24m |
| Equity | US$2.05m |
| Total liabilities | US$8.94m |
| Total assets | US$10.98m |
Recent financial health updates
Is Candy Club Holdings (ASX:CLB) Using Too Much Debt?
Mar 30
Is Candy Club Holdings (ASX:CLB) Using Debt In A Risky Way?
Oct 12Would Candy Club Holdings (ASX:CLB) Be Better Off With Less Debt?
Mar 24Recent updates
Is Candy Club Holdings (ASX:CLB) Using Too Much Debt?
Mar 30Is Candy Club Holdings (ASX:CLB) Using Debt In A Risky Way?
Oct 12Would Candy Club Holdings (ASX:CLB) Be Better Off With Less Debt?
Mar 24Is Candy Club Holdings' (ASX:CLB) 275% Share Price Increase Well Justified?
Feb 17Candy Club Holdings Limited (ASX:CLB) Insiders Increased Their Holdings
Dec 24
Financial Position Analysis
Short Term Liabilities: CLB's short term assets ($10.1M) exceed its short term liabilities ($5.1M).
Long Term Liabilities: CLB's short term assets ($10.1M) exceed its long term liabilities ($3.9M).
Debt to Equity History and Analysis
Debt Level: CLB's net debt to equity ratio (233.9%) is considered high.
Reducing Debt: CLB had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: CLB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CLB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14% each year