CLS Holdings Balance Sheet Health
Financial Health criteria checks 0/6
CLS Holdings has a total shareholder equity of £836.9M and total debt of £1.0B, which brings its debt-to-equity ratio to 122.9%. Its total assets and total liabilities are £2.0B and £1.2B respectively. CLS Holdings's EBIT is £80.3M making its interest coverage ratio 1.8. It has cash and short-term investments of £68.5M.
Key information
122.9%
Debt to equity ratio
UK£1.03b
Debt
| Interest coverage ratio | 1.8x |
| Cash | UK£68.50m |
| Equity | UK£836.90m |
| Total liabilities | UK£1.18b |
| Total assets | UK£2.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLIL's short term assets (£233.7M) do not cover its short term liabilities (£320.8M).
Long Term Liabilities: CLIL's short term assets (£233.7M) do not cover its long term liabilities (£863.4M).
Debt to Equity History and Analysis
Debt Level: CLIL's net debt to equity ratio (114.7%) is considered high.
Reducing Debt: CLIL's debt to equity ratio has increased from 82.3% to 122.9% over the past 5 years.
Debt Coverage: CLIL's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: CLIL's interest payments on its debt are not well covered by EBIT (1.8x coverage).