Clean Invest Africa Balance Sheet Health
Financial Health criteria checks 6/6
Clean Invest Africa has a total shareholder equity of £970.0K and total debt of £390.0K, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are £4.4M and £3.4M respectively.
Key information
40.2%
Debt to equity ratio
UK£389.99k
Debt
Interest coverage ratio | n/a |
Cash | UK£5.51k |
Equity | UK£969.97k |
Total liabilities | UK£3.39m |
Total assets | UK£4.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAH's short term assets (£4.0M) exceed its short term liabilities (£3.3M).
Long Term Liabilities: CAH's short term assets (£4.0M) exceed its long term liabilities (£97.6K).
Debt to Equity History and Analysis
Debt Level: CAH's net debt to equity ratio (39.6%) is considered satisfactory.
Reducing Debt: CAH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: CAH has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CAH is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.