Clever Global Balance Sheet Health
Financial Health criteria checks 0/6
Clever Global has a total shareholder equity of €689.3K and total debt of €6.7M, which brings its debt-to-equity ratio to 968.2%. Its total assets and total liabilities are €14.1M and €13.5M respectively. Clever Global's EBIT is €991.6K making its interest coverage ratio 1.5. It has cash and short-term investments of €578.8K.
Key information
968.2%
Debt to equity ratio
€6.67m
Debt
Interest coverage ratio | 1.5x |
Cash | €578.77k |
Equity | €689.33k |
Total liabilities | €13.45m |
Total assets | €14.14m |
Recent financial health updates
Recent updates
Returns At Clever Global (BME:CLE) Are On The Way Up
Apr 26Clever Global (BME:CLE) Is Reinvesting At Lower Rates Of Return
Apr 22Capital Allocation Trends At Clever Global (BME:CLE) Aren't Ideal
Sep 27Does Clever Global (BME:CLE) Have A Healthy Balance Sheet?
Jun 14Here's What To Make Of Clever Global's (BME:CLE) Returns On Capital
Mar 10Returns On Capital At Clever Global (BME:CLE) Paint An Interesting Picture
Nov 26Financial Position Analysis
Short Term Liabilities: CLE's short term assets (€3.5M) do not cover its short term liabilities (€5.7M).
Long Term Liabilities: CLE's short term assets (€3.5M) do not cover its long term liabilities (€7.7M).
Debt to Equity History and Analysis
Debt Level: CLE's net debt to equity ratio (884.2%) is considered high.
Reducing Debt: CLE's debt to equity ratio has increased from 106.2% to 968.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if CLE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CLE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.