Carclo Balance Sheet Health
Financial Health criteria checks 3/6
Carclo has a total shareholder equity of £837.0K and total debt of £24.2M, which brings its debt-to-equity ratio to 2889.8%. Its total assets and total liabilities are £97.3M and £96.4M respectively. Carclo's EBIT is £6.0M making its interest coverage ratio 1.7. It has cash and short-term investments of £7.3M.
Key information
2,889.8%
Debt to equity ratio
UK£24.19m
Debt
| Interest coverage ratio | 1.7x |
| Cash | UK£7.34m |
| Equity | UK£837.00k |
| Total liabilities | UK£96.44m |
| Total assets | UK£97.28m |
Recent financial health updates
Carclo (LON:CAR) Has A Somewhat Strained Balance Sheet
Mar 27
We Think Carclo (LON:CAR) Is Taking Some Risk With Its Debt
Nov 22Carclo (LON:CAR) Has No Shortage Of Debt
Aug 12Recent updates
Carclo plc (LON:CAR) Might Not Be As Mispriced As It Looks After Plunging 26%
Dec 19Carclo (LON:CAR) Has Some Difficulty Using Its Capital Effectively
Dec 05Further Upside For Carclo plc (LON:CAR) Shares Could Introduce Price Risks After 32% Bounce
Sep 15Carclo (LON:CAR) Has Some Difficulty Using Its Capital Effectively
Sep 06Further Upside For Carclo plc (LON:CAR) Shares Could Introduce Price Risks After 80% Bounce
Aug 01Carclo (LON:CAR) Will Be Hoping To Turn Its Returns On Capital Around
May 22Carclo (LON:CAR) Is Finding It Tricky To Allocate Its Capital
Mar 09Why Carclo plc (LON:CAR) Could Be Worth Watching
Dec 01Carclo's (LON:CAR) Returns On Capital Not Reflecting Well On The Business
Oct 14Is It Too Late To Consider Buying Carclo plc (LON:CAR)?
Jun 28Carclo's (LON:CAR) Returns On Capital Tell Us There Is Reason To Feel Uneasy
May 06Carclo (LON:CAR) Has A Somewhat Strained Balance Sheet
Mar 27Carclo (LON:CAR) May Have Issues Allocating Its Capital
Jan 10We Think Carclo (LON:CAR) Is Taking Some Risk With Its Debt
Nov 22At UK£0.41, Is Carclo plc (LON:CAR) Worth Looking At Closely?
Oct 27Investors Could Be Concerned With Carclo's (LON:CAR) Returns On Capital
Sep 22Carclo (LON:CAR) Has No Shortage Of Debt
Aug 12Carclo's (LON:CAR) Profits Appear To Have Quality Issues
Jul 07Are Investors Concerned With What's Going On At Carclo (LON:CAR)?
Mar 02Executive Chairman of the Board Nick Sanders Just Bought 418% More Shares In Carclo plc (LON:CAR)
Jan 09Returns On Capital - An Important Metric For Carclo (LON:CAR)
Nov 18
Financial Position Analysis
Short Term Liabilities: CAR's short term assets (£39.0M) exceed its short term liabilities (£30.3M).
Long Term Liabilities: CAR's short term assets (£39.0M) do not cover its long term liabilities (£66.1M).
Debt to Equity History and Analysis
Debt Level: CAR's net debt to equity ratio (2012.4%) is considered high.
Reducing Debt: CAR's debt to equity ratio has increased from 884.7% to 2889.8% 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: Whilst unprofitable CAR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CAR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:26 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Carclo plc is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Thomas | Arden Partners Plc. |
| Peter Ashworth | Charles Stanley & Co. Ltd. |
| Peter Ashworth | Charles Stanley Securities |