ClearView Wealth Balance Sheet Health
Financial Health criteria checks 2/6
ClearView Wealth has a total shareholder equity of A$353.2M and total debt of A$105.5M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are A$2.8B and A$2.5B respectively. ClearView Wealth's EBIT is A$18.1M making its interest coverage ratio 2. It has cash and short-term investments of A$78.2M.
Key information
29.9%
Debt to equity ratio
AU$105.54m
Debt
| Interest coverage ratio | 2x |
| Cash | AU$78.21m |
| Equity | AU$353.16m |
| Total liabilities | AU$2.48b |
| Total assets | AU$2.83b |
Recent financial health updates
No updates
Recent updates
ClearView Wealth Limited's (ASX:CVW) Share Price Is Still Matching Investor Opinion Despite 31% Slump
Nov 07
The Price Is Right For ClearView Wealth Limited (ASX:CVW)
Aug 30ClearView Wealth (ASX:CVW) Is Paying Out A Larger Dividend Than Last Year
Aug 28Do ClearView Wealth's (ASX:CVW) Earnings Warrant Your Attention?
Feb 24Here's Why Shareholders May Want To Be Cautious With Increasing ClearView Wealth Limited's (ASX:CVW) CEO Pay Packet
Nov 03Here's Why Shareholders May Want To Be Cautious With Increasing ClearView Wealth Limited's (ASX:CVW) CEO Pay Packet
Nov 04What Is The Ownership Structure Like For ClearView Wealth Limited (ASX:CVW)?
Feb 21How Much Did ClearView Wealth's(ASX:CVW) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 17
How Much Of ClearView Wealth Limited (ASX:CVW) Do Insiders Own?
Nov 23Financial Position Analysis
Short Term Liabilities: CVW's short term assets (A$2.2B) exceed its short term liabilities (A$24.8M).
Long Term Liabilities: CVW's short term assets (A$2.2B) do not cover its long term liabilities (A$2.5B).
Debt to Equity History and Analysis
Debt Level: CVW's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: CVW's debt to equity ratio has increased from 3.4% to 29.9% over the past 5 years.
Debt Coverage: CVW's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: CVW's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ClearView Wealth Limited is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jan van der Schalk | CLSA |
| Stewart Oldfield | InvestorFirst Securities |
| Tim Lawson | Macquarie Research |