Clarke Balance Sheet Health
Financial Health criteria checks 0/6
Clarke has a total shareholder equity of CA$230.7M and total debt of CA$125.8M, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are CA$395.1M and CA$164.4M respectively. Clarke's EBIT is CA$16.6M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$929.0K.
Key information
54.5%
Debt to equity ratio
CA$125.78m
Debt
Interest coverage ratio | 2.3x |
Cash | CA$929.00k |
Equity | CA$230.69m |
Total liabilities | CA$164.44m |
Total assets | CA$395.13m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CKI's short term assets (CA$15.6M) do not cover its short term liabilities (CA$31.9M).
Long Term Liabilities: CKI's short term assets (CA$15.6M) do not cover its long term liabilities (CA$132.6M).
Debt to Equity History and Analysis
Debt Level: CKI's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: CKI's debt to equity ratio has increased from 2.3% to 54.5% over the past 5 years.
Debt Coverage: CKI's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: CKI's interest payments on its debt are not well covered by EBIT (2.3x coverage).