Cleantech Power Balance Sheet Health
Financial Health criteria checks 4/6
Cleantech Power has a total shareholder equity of CA$6.4M and total debt of CA$972.3K, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are CA$8.0M and CA$1.6M respectively.
Key information
15.2%
Debt to equity ratio
CA$972.26k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.58m |
Equity | CA$6.39m |
Total liabilities | CA$1.61m |
Total assets | CA$8.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E43's short term assets (CA$2.3M) exceed its short term liabilities (CA$1.5M).
Long Term Liabilities: E43's short term assets (CA$2.3M) exceed its long term liabilities (CA$77.4K).
Debt to Equity History and Analysis
Debt Level: E43 has more cash than its total debt.
Reducing Debt: E43's debt to equity ratio has reduced from 46.3% to 15.2% 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: Insufficient data to determine if E43 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if E43 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.