Clearfield Balance Sheet Health
Financial Health criteria checks 4/6
Clearfield has a total shareholder equity of $275.8M and total debt of $5.1M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are $315.3M and $39.5M respectively.
Key information
1.9%
Debt to equity ratio
US$5.15m
Debt
| Interest coverage ratio | n/a |
| Cash | US$130.99m |
| Equity | US$275.76m |
| Total liabilities | US$39.51m |
| Total assets | US$315.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AP7's short term assets ($229.6M) exceed its short term liabilities ($24.4M).
Long Term Liabilities: AP7's short term assets ($229.6M) exceed its long term liabilities ($15.2M).
Debt to Equity History and Analysis
Debt Level: AP7 has more cash than its total debt.
Reducing Debt: AP7's debt to equity ratio has increased from 0% to 1.9% over the past 5 years.
Debt Coverage: AP7's debt is well covered by operating cash flow (431.7%).
Interest Coverage: Insufficient data to determine if AP7's interest payments on its debt are well covered by EBIT.