CleanSpace Holdings Balance Sheet Health
Financial Health criteria checks 6/6
CleanSpace Holdings has a total shareholder equity of A$19.1M and total debt of A$2.8M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are A$26.1M and A$6.9M respectively.
Key information
14.5%
Debt to equity ratio
AU$2.77m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$10.46m |
| Equity | AU$19.10m |
| Total liabilities | AU$6.95m |
| Total assets | AU$26.05m |
Recent financial health updates
CleanSpace Holdings (ASX:CSX) Has Debt But No Earnings; Should You Worry?
Aug 29
Does CleanSpace Holdings (ASX:CSX) Have A Healthy Balance Sheet?
Apr 18Recent updates
Lacklustre Performance Is Driving CleanSpace Holdings Limited's (ASX:CSX) 26% Price Drop
Nov 12CleanSpace Holdings Limited's (ASX:CSX) Shares Bounce 29% But Its Business Still Trails The Industry
Sep 21CleanSpace Holdings (ASX:CSX) Has Debt But No Earnings; Should You Worry?
Aug 29Does CleanSpace Holdings (ASX:CSX) Have A Healthy Balance Sheet?
Apr 18CleanSpace Holdings (ASX:CSX) Is Achieving High Returns On Its Capital
Nov 29CleanSpace Holdings Limited's (ASX:CSX) Shares Leap 25% Yet They're Still Not Telling The Full Story
Oct 21Some CleanSpace Holdings Limited (ASX:CSX) Analysts Just Made A Major Cut To Next Year's Estimates
Mar 31Should You Be Impressed By CleanSpace Holdings Limited's (ASX:CSX) ROE?
Feb 18
Here's Why We Don't Think CleanSpace Holdings's (ASX:CSX) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 23Financial Position Analysis
Short Term Liabilities: CSX's short term assets (A$17.6M) exceed its short term liabilities (A$3.8M).
Long Term Liabilities: CSX's short term assets (A$17.6M) exceed its long term liabilities (A$3.2M).
Debt to Equity History and Analysis
Debt Level: CSX has more cash than its total debt.
Reducing Debt: CSX's debt to equity ratio has reduced from 61.1% to 14.5% 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: CSX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CSX has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 33.6% each year.