Clarus Balance Sheet Health
Financial Health criteria checks 5/6
Clarus has a total shareholder equity of $292.1M and total debt of $119.8M, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are $495.3M and $203.2M respectively.
Key information
41.0%
Debt to equity ratio
US$119.79m
Debt
Interest coverage ratio | n/a |
Cash | US$11.32m |
Equity | US$292.12m |
Total liabilities | US$203.22m |
Total assets | US$495.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDO's short term assets ($299.7M) exceed its short term liabilities ($170.9M).
Long Term Liabilities: BDO's short term assets ($299.7M) exceed its long term liabilities ($32.3M).
Debt to Equity History and Analysis
Debt Level: BDO's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: BDO's debt to equity ratio has increased from 13.3% to 41% 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 BDO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BDO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.8% per year.