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
No updates
Recent updates
Financial 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.