Clean Seas Seafood Balance Sheet Health
Financial Health criteria checks 3/6
Clean Seas Seafood has a total shareholder equity of A$66.8M and total debt of A$7.0M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are A$90.0M and A$23.2M respectively.
Key information
10.5%
Debt to equity ratio
AU$7.00m
Debt
Interest coverage ratio | n/a |
Cash | AU$6.59m |
Equity | AU$66.82m |
Total liabilities | AU$23.17m |
Total assets | AU$89.99m |
Recent financial health updates
Is Clean Seas Seafood (ASX:CSS) Using Too Much Debt?
Nov 17Is Clean Seas Seafood (ASX:CSS) A Risky Investment?
Oct 12Health Check: How Prudently Does Clean Seas Seafood (ASX:CSS) Use Debt?
Nov 09Here's Why Clean Seas Seafood (ASX:CSS) Can Afford Some Debt
Mar 06Clean Seas Seafood (ASX:CSS) Is Carrying A Fair Bit Of Debt
Nov 25Recent updates
Is Clean Seas Seafood (ASX:CSS) Using Too Much Debt?
Nov 17It's Unlikely That Clean Seas Seafood Limited's (ASX:CSS) CEO Will See A Huge Pay Rise This Year
Oct 21Is Clean Seas Seafood (ASX:CSS) A Risky Investment?
Oct 12Health Check: How Prudently Does Clean Seas Seafood (ASX:CSS) Use Debt?
Nov 09Here's Why Clean Seas Seafood (ASX:CSS) Can Afford Some Debt
Mar 06Clean Seas Seafood (ASX:CSS) Is Carrying A Fair Bit Of Debt
Nov 25Financial Position Analysis
Short Term Liabilities: CSS's short term assets (A$66.5M) exceed its short term liabilities (A$17.0M).
Long Term Liabilities: CSS's short term assets (A$66.5M) exceed its long term liabilities (A$6.1M).
Debt to Equity History and Analysis
Debt Level: CSS's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: CSS's debt to equity ratio has increased from 2.6% to 10.5% 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: Insufficient data to determine if CSS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CSS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.