Claren Energy Balance Sheet Health
Financial Health criteria checks 0/6
Claren Energy has a total shareholder equity of CA$-515.6K and total debt of CA$300.0K, which brings its debt-to-equity ratio to -58.2%. Its total assets and total liabilities are CA$2.7K and CA$518.3K respectively.
Key information
-58.2%
Debt to equity ratio
CA$300.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.86k |
| Equity | -CA$515.56k |
| Total liabilities | CA$518.30k |
| Total assets | CA$2.75k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEN.H has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CEN.H has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CEN.H has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CEN.H's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CEN.H's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CEN.H's interest payments on its debt are well covered by EBIT.