Cloudberry Clean Energy Balance Sheet Health
Financial Health criteria checks 2/6
Cloudberry Clean Energy has a total shareholder equity of NOK4.8B and total debt of NOK1.8B, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are NOK6.9B and NOK2.1B respectively.
Key information
36.8%
Debt to equity ratio
NOK 1.76b
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 706.00m |
| Equity | NOK 4.79b |
| Total liabilities | NOK 2.14b |
| Total assets | NOK 6.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 52K's short term assets (NOK1.0B) exceed its short term liabilities (NOK278.0M).
Long Term Liabilities: 52K's short term assets (NOK1.0B) do not cover its long term liabilities (NOK1.9B).
Debt to Equity History and Analysis
Debt Level: 52K's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: 52K's debt to equity ratio has increased from 0% to 36.8% over the past 5 years.
Debt Coverage: 52K's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: Insufficient data to determine if 52K's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 00:21 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Cloudberry Clean Energy ASA is covered by 5 analysts. 4 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 |
|---|---|
| Eivind Garvik | Carnegie Investment Bank AB |
| Helene Brondbo | DNB Markets |
| Ahmed Farman | Jefferies LLC |