Clabo Balance Sheet Health
Financial Health criteria checks 2/6
Clabo has a total shareholder equity of €8.9M and total debt of €37.5M, which brings its debt-to-equity ratio to 423.3%. Its total assets and total liabilities are €83.4M and €74.6M respectively. Clabo's EBIT is €535.8K making its interest coverage ratio 0.2. It has cash and short-term investments of €2.1M.
Key information
423.3%
Debt to equity ratio
€37.47m
Debt
Interest coverage ratio | 0.2x |
Cash | €2.08m |
Equity | €8.85m |
Total liabilities | €74.59m |
Total assets | €83.44m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 0DDV's short term assets (€33.7M) do not cover its short term liabilities (€38.2M).
Long Term Liabilities: 0DDV's short term assets (€33.7M) do not cover its long term liabilities (€36.4M).
Debt to Equity History and Analysis
Debt Level: 0DDV's net debt to equity ratio (399.7%) is considered high.
Reducing Debt: 0DDV's debt to equity ratio has increased from 127.1% to 423.3% 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: 0DDV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 0DDV has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 23.5% each year.