Clean Invest Africa Balance Sheet Health
Financial Health criteria checks 6/6
Clean Invest Africa has a total shareholder equity of £1.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £4.2M and £2.7M respectively. Clean Invest Africa's EBIT is £214.0K making its interest coverage ratio 8.2. It has cash and short-term investments of £12.7K.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 8.2x |
Cash | UK£12.71k |
Equity | UK£1.53m |
Total liabilities | UK£2.71m |
Total assets | UK£4.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIA's short term assets (£3.8M) exceed its short term liabilities (£2.6M).
Long Term Liabilities: CIA's short term assets (£3.8M) exceed its long term liabilities (£101.4K).
Debt to Equity History and Analysis
Debt Level: CIA is debt free.
Reducing Debt: CIA currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: CIA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CIA has no debt, therefore coverage of interest payments is not a concern.