clearvise Balance Sheet Health
Financial Health criteria checks 2/6
clearvise has a total shareholder equity of €159.1M and total debt of €151.2M, which brings its debt-to-equity ratio to 95%. Its total assets and total liabilities are €363.1M and €204.0M respectively. clearvise's EBIT is €10.1M making its interest coverage ratio 1.5. It has cash and short-term investments of €43.7M.
Key information
95.0%
Debt to equity ratio
€151.15m
Debt
Interest coverage ratio | 1.5x |
Cash | €43.75m |
Equity | €159.11m |
Total liabilities | €203.97m |
Total assets | €363.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABO's short term assets (€61.5M) exceed its short term liabilities (€40.2M).
Long Term Liabilities: ABO's short term assets (€61.5M) do not cover its long term liabilities (€163.8M).
Debt to Equity History and Analysis
Debt Level: ABO's net debt to equity ratio (67.5%) is considered high.
Reducing Debt: ABO's debt to equity ratio has reduced from 467.7% to 95% over the past 5 years.
Debt Coverage: ABO's debt is not well covered by operating cash flow (11%).
Interest Coverage: ABO's interest payments on its debt are not well covered by EBIT (1.5x coverage).