Clere Balance Sheet Health
Financial Health criteria checks 3/6
Clere has a total shareholder equity of €140.0M and total debt of €131.6M, which brings its debt-to-equity ratio to 94%. Its total assets and total liabilities are €302.5M and €162.5M respectively. Clere's EBIT is €10.9M making its interest coverage ratio 1.6. It has cash and short-term investments of €48.7M.
Key information
94.0%
Debt to equity ratio
€131.58m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €48.70m |
| Equity | €140.01m |
| Total liabilities | €162.46m |
| Total assets | €302.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAG0's short term assets (€79.3M) exceed its short term liabilities (€24.4M).
Long Term Liabilities: CAG0's short term assets (€79.3M) do not cover its long term liabilities (€138.0M).
Debt to Equity History and Analysis
Debt Level: CAG0's net debt to equity ratio (59.2%) is considered high.
Reducing Debt: CAG0's debt to equity ratio has reduced from 110.7% to 94% over the past 5 years.
Debt Coverage: CAG0's debt is well covered by operating cash flow (22.7%).
Interest Coverage: CAG0's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 23:55 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Clere AG is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hans Bjorn Bostrom | Edison Investment Research |
| Simon Scholes | First Berlin Equity Research GmbH |
| Erin Blum | Goldman Sachs |