Credit Clear Balance Sheet Health
Financial Health criteria checks 6/6
Credit Clear has a total shareholder equity of A$59.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$78.1M and A$18.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.15m |
| Equity | AU$59.27m |
| Total liabilities | AU$18.81m |
| Total assets | AU$78.08m |
Recent financial health updates
We're Hopeful That Credit Clear (ASX:CCR) Will Use Its Cash Wisely
Aug 30
Companies Like Credit Clear (ASX:CCR) Are In A Position To Invest In Growth
Jan 28Recent updates
Credit Clear Limited's (ASX:CCR) Share Price Not Quite Adding Up
Sep 26Credit Clear Limited's (ASX:CCR) Share Price Could Signal Some Risk
Jun 17Credit Clear Limited (ASX:CCR) Stock Rockets 38% But Many Are Still Ignoring The Company
Feb 28We're Hopeful That Credit Clear (ASX:CCR) Will Use Its Cash Wisely
Aug 30Little Excitement Around Credit Clear Limited's (ASX:CCR) Earnings As Shares Take 27% Pounding
May 18Companies Like Credit Clear (ASX:CCR) Are In A Position To Invest In Growth
Jan 28Alexander Waislitz of Credit Clear Limited (ASX:CCR) Just Spent AU$741k On Shares
Feb 27Credit Clear Limited (ASX:CCR) Insiders Have Been Selling
Jan 27Financial Position Analysis
Short Term Liabilities: CCR's short term assets (A$26.0M) exceed its short term liabilities (A$15.1M).
Long Term Liabilities: CCR's short term assets (A$26.0M) exceed its long term liabilities (A$3.7M).
Debt to Equity History and Analysis
Debt Level: CCR is debt free.
Reducing Debt: CCR has no debt compared to 5 years ago when its debt to equity ratio was 6.3%.
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: Whilst unprofitable CCR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CCR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:18 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Credit Clear Limited is covered by 2 analysts. 2 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 |
|---|---|
| Caleb Weng | PAC Partners Securities Pty. Ltd. |
| Larry Gandler | Shaw and Partners Limited |