CLR Investment Fund Balance Sheet Health
Financial Health criteria checks 5/6
CLR Investment Fund has a total shareholder equity of €2.5M and total debt of €597.3K, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are €3.3M and €727.3K respectively. CLR Investment Fund's EBIT is €211.2K making its interest coverage ratio 6.2. It has cash and short-term investments of €2.6M.
Key information
23.6%
Debt to equity ratio
€597.31k
Debt
Interest coverage ratio | 6.2x |
Cash | €2.57m |
Equity | €2.53m |
Total liabilities | €727.29k |
Total assets | €3.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLL's short term assets (€2.6M) exceed its short term liabilities (€727.3K).
Long Term Liabilities: CLL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CLL has more cash than its total debt.
Reducing Debt: CLL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CLL's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: CLL's interest payments on its debt are well covered by EBIT (6.2x coverage).