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
CLS Holdings (LON:CLI) Has A Somewhat Strained Balance Sheet
Sep 30
We Think CLS Holdings (LON:CLI) Is Taking Some Risk With Its Debt
Dec 15Is CLS Holdings (LON:CLI) Using Too Much Debt?
Sep 15We Think CLS Holdings (LON:CLI) Is Taking Some Risk With Its Debt
May 06Recent updates
Is CLS Holdings plc (LON:CLI) Potentially Undervalued?
Oct 27CLS Holdings (LON:CLI) Has A Somewhat Strained Balance Sheet
Sep 30Some Analysts Just Cut Their CLS Holdings plc (LON:CLI) Estimates
Aug 12Are CLS Holdings plc (LON:CLI) Investors Paying Above The Intrinsic Value?
May 10One CLS Holdings plc (LON:CLI) Analyst Has Been Cutting Their Forecasts
Mar 24What Does CLS Holdings plc's (LON:CLI) Share Price Indicate?
Jan 20We Think CLS Holdings (LON:CLI) Is Taking Some Risk With Its Debt
Dec 15Is CLS Holdings (LON:CLI) Using Too Much Debt?
Sep 15CLS Holdings' (LON:CLI) Dividend Will Be UK£0.024
Aug 14We Think CLS Holdings (LON:CLI) Is Taking Some Risk With Its Debt
May 06Analysts Are Betting On CLS Holdings plc (LON:CLI) With A Big Upgrade This Week
Mar 31CLS Holdings plc (LON:CLI) Will Pay A UK£0.052 Dividend In Three Days
Mar 21Results: CLS Holdings plc Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 13Did CLS Holdings plc (LON:CLI) Insiders Buy Up More Shares?
Mar 11Newsflash: CLS Holdings plc (LON:CLI) Analysts Have Been Trimming Their Revenue Forecasts
Mar 11Three Things You Should Check Before Buying CLS Holdings plc (LON:CLI) For Its Dividend
Feb 10
Should CLS Holdings (LON:CLI) Be Disappointed With Their 32% Profit?
Jan 24What Percentage Of CLS Holdings plc (LON:CLI) Shares Do Insiders Own?
Jan 09How Much Is CLS Holdings plc (LON:CLI) Paying Its CEO?
Dec 24We Wouldn't Rely On CLS Holdings's (LON:CLI) Statutory Earnings As A Guide
Dec 13Need To Know: CLS Holdings plc (LON:CLI) Insiders Have Been Buying Shares
Nov 30Financial Position Analysis
Short Term Liabilities: CLI's short term assets (£233.7M) do not cover its short term liabilities (£320.8M).
Long Term Liabilities: CLI's short term assets (£233.7M) do not cover its long term liabilities (£863.4M).
Debt to Equity History and Analysis
Debt Level: CLI's net debt to equity ratio (114.7%) is considered high.
Reducing Debt: CLI's debt to equity ratio has increased from 82.3% to 122.9% over the past 5 years.
Debt Coverage: CLI's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: CLI's interest payments on its debt are not well covered by EBIT (1.8x coverage).