Clean Seas Seafood Balance Sheet Health
Financial Health criteria checks 3/6
Clean Seas Seafood has a total shareholder equity of A$62.0M and total debt of A$13.7M, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are A$87.0M and A$25.0M respectively.
Key information
22.1%
Debt to equity ratio
AU$13.69m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.30m |
| Equity | AU$61.98m |
| Total liabilities | AU$25.00m |
| Total assets | AU$86.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSS's short term assets (A$61.3M) exceed its short term liabilities (A$16.7M).
Long Term Liabilities: CSS's short term assets (A$61.3M) exceed its long term liabilities (A$8.3M).
Debt to Equity History and Analysis
Debt Level: CSS's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: CSS's debt to equity ratio has increased from 10.7% to 22.1% 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.