Cloudberry Clean Energy Balance Sheet Health
Financial Health criteria checks 2/6
Cloudberry Clean Energy has a total shareholder equity of NOK4.6B and total debt of NOK1.6B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are NOK6.7B and NOK2.1B respectively.
Key information
34.3%
Debt to equity ratio
kr1.59b
Debt
| Interest coverage ratio | n/a |
| Cash | kr779.00m |
| Equity | kr4.62b |
| Total liabilities | kr2.08b |
| Total assets | kr6.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 52K's short term assets (NOK1.2B) exceed its short term liabilities (NOK364.0M).
Long Term Liabilities: 52K's short term assets (NOK1.2B) do not cover its long term liabilities (NOK1.7B).
Debt to Equity History and Analysis
Debt Level: 52K's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: 52K's debt to equity ratio has increased from 0% to 34.3% over the past 5 years.
Debt Coverage: 52K's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: Insufficient data to determine if 52K's interest payments on its debt are well covered by EBIT.