clearvise Balance Sheet Health
Financial Health criteria checks 2/6
clearvise has a total shareholder equity of €160.8M and total debt of €163.8M, which brings its debt-to-equity ratio to 101.9%. Its total assets and total liabilities are €380.2M and €219.4M respectively. clearvise's EBIT is €7.6M making its interest coverage ratio 1.5. It has cash and short-term investments of €31.3M.
Key information
101.9%
Debt to equity ratio
€163.79m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €31.31m |
| Equity | €160.76m |
| Total liabilities | €219.44m |
| Total assets | €380.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABO's short term assets (€46.7M) exceed its short term liabilities (€39.9M).
Long Term Liabilities: ABO's short term assets (€46.7M) do not cover its long term liabilities (€179.5M).
Debt to Equity History and Analysis
Debt Level: ABO's net debt to equity ratio (82.4%) is considered high.
Reducing Debt: ABO's debt to equity ratio has reduced from 431.9% to 101.9% over the past 5 years.
Debt Coverage: ABO's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: ABO's interest payments on its debt are not well covered by EBIT (1.5x coverage).