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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 19:32 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
CLS Holdings plc is covered by 10 analysts. 2 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 |
|---|---|
| Kai Klose | Berenberg |
| Miranda Cockburn | Berenberg |
| Bhupen Master | BofA Global Research |