Claranova Balance Sheet Health
Financial Health criteria checks 2/6
Claranova has a total shareholder equity of €-7.7M and total debt of €138.8M, which brings its debt-to-equity ratio to -1802.6%. Its total assets and total liabilities are €228.4M and €236.1M respectively. Claranova's EBIT is €38.6M making its interest coverage ratio 3.7. It has cash and short-term investments of €36.8M.
Key information
-1,802.6%
Debt to equity ratio
€138.80m
Debt
| Interest coverage ratio | 3.7x |
| Cash | €36.80m |
| Equity | -€7.70m |
| Total liabilities | €236.10m |
| Total assets | €228.40m |
Recent financial health updates
Is Claranova (EPA:CLA) A Risky Investment?
Dec 07
We Think Claranova (EPA:CLA) Can Stay On Top Of Its Debt
Jun 28Recent updates
Investors Aren't Buying Claranova SE's (EPA:CLA) Revenues
Aug 06Claranova SE (EPA:CLA) Shares Fly 29% But Investors Aren't Buying For Growth
Jan 24Claranova SE (EPA:CLA) Shares Fly 29% But Investors Aren't Buying For Growth
Jan 24It Looks Like Claranova SE's (EPA:CLA) CEO May Expect Their Salary To Be Put Under The Microscope
Nov 23Is Claranova (EPA:CLA) A Risky Investment?
Dec 07We Think Claranova (EPA:CLA) Can Stay On Top Of Its Debt
Jun 28Claranova SE (EPA:CLA) Stocks Pounded By 26% But Not Lagging Market On Growth Or Pricing
Apr 28Claranova SE (EPA:CLA) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Apr 02Claranova SE's (EPA:CLA) CEO Compensation Is Looking A Bit Stretched At The Moment
Nov 24Claranova (EPA:CLA) Is Looking To Continue Growing Its Returns On Capital
Jul 26Claranova's (EPA:CLA) Robust Earnings Are Supported By Other Strong Factors
Apr 25Should You Be Worried About Claranova SE's (EPA:CLA) 1.9% Return On Equity?
Mar 10The Claranova (EPA:CLA) Share Price Is Up 632% And Shareholders Are Delighted
Feb 03Our Take On The Returns On Capital At Claranova (EPA:CLA)
Dec 30
Claranova SE (EPA:CLA) Delivered A Weaker ROE Than Its Industry
Dec 04Financial Position Analysis
Short Term Liabilities: CLA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CLA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CLA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CLA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable CLA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CLA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7% per year.