Cliffside Capital Balance Sheet Health
Financial Health criteria checks 5/6
Cliffside Capital has a total shareholder equity of CA$10.1M and total debt of CA$121.7M, which brings its debt-to-equity ratio to 1210.9%. Its total assets and total liabilities are CA$140.3M and CA$130.2M respectively.
Key information
1,210.9%
Debt to equity ratio
CA$121.75m
Debt
Interest coverage ratio | n/a |
Cash | CA$9.99m |
Equity | CA$10.05m |
Total liabilities | CA$130.24m |
Total assets | CA$140.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEP's short term assets (CA$139.4M) exceed its short term liabilities (CA$4.0M).
Long Term Liabilities: CEP's short term assets (CA$139.4M) exceed its long term liabilities (CA$126.2M).
Debt to Equity History and Analysis
Debt Level: CEP's net debt to equity ratio (1111.6%) is considered high.
Reducing Debt: CEP's debt to equity ratio has reduced from 2177.1% to 1210.9% 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: Whilst unprofitable CEP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CEP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.2% per year.