Credit Clear Balance Sheet Health
Financial Health criteria checks 6/6
Credit Clear has a total shareholder equity of A$61.2M and total debt of A$648.0K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are A$77.8M and A$16.6M respectively.
Key information
1.1%
Debt to equity ratio
AU$648.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.04m |
| Equity | AU$61.21m |
| Total liabilities | AU$16.60m |
| Total assets | AU$77.81m |
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 (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$23.3M) exceed its short term liabilities (A$12.4M).
Long Term Liabilities: CCR's short term assets (A$23.3M) exceed its long term liabilities (A$4.2M).
Debt to Equity History and Analysis
Debt Level: CCR has more cash than its total debt.
Reducing Debt: CCR's debt to equity ratio has reduced from 5% to 1.1% 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: CCR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CCR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 6.6% each year