ClearView Wealth Balance Sheet Health
Financial Health criteria checks 3/6
ClearView Wealth has a total shareholder equity of A$369.8M and total debt of A$105.4M, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are A$2.8B and A$2.5B respectively. ClearView Wealth's EBIT is A$51.6M making its interest coverage ratio 7.1. It has cash and short-term investments of A$74.0M.
Key information
28.5%
Debt to equity ratio
AU$105.37m
Debt
| Interest coverage ratio | 7.1x |
| Cash | AU$74.01m |
| Equity | AU$369.82m |
| Total liabilities | AU$2.45b |
| Total assets | AU$2.82b |
Recent financial health updates
No updates
Recent updates
ClearView Wealth (ASX:CVW) Is Paying Out A Larger Dividend Than Last Year
Aug 28
Do 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$19.4M).
Long Term Liabilities: CVW's short term assets (A$2.2B) do not cover its long term liabilities (A$2.4B).
Debt to Equity History and Analysis
Debt Level: CVW's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: CVW's debt to equity ratio has increased from 1.1% to 28.5% over the past 5 years.
Debt Coverage: CVW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CVW's interest payments on its debt are well covered by EBIT (7.1x coverage).