CloudCoCo Group Balance Sheet Health
Financial Health criteria checks 2/6
CloudCoCo Group has a total shareholder equity of £1.0M and total debt of £5.4M, which brings its debt-to-equity ratio to 522.1%. Its total assets and total liabilities are £18.8M and £17.8M respectively.
Key information
522.1%
Debt to equity ratio
UK£5.40m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£794.00k |
| Equity | UK£1.04m |
| Total liabilities | UK£17.81m |
| Total assets | UK£18.85m |
Recent financial health updates
Is CloudCoCo Group (LON:CLCO) Using Debt In A Risky Way?
Jul 02
Is CloudCoCo Group (LON:CLCO) Using Debt Sensibly?
Aug 11Is CloudCoCo Group (LON:CLCO) Using Too Much Debt?
Jun 18We Think CloudCoCo Group (LON:CLCO) Has A Fair Chunk Of Debt
Mar 03Recent updates
CloudCoCo Group plc (LON:CLCO) Stock's 50% Dive Might Signal An Opportunity But It Requires Some Scrutiny
May 02Positive Sentiment Still Eludes CloudCoCo Group plc (LON:CLCO) Following 50% Share Price Slump
May 02Sentiment Still Eluding CloudCoCo Group plc (LON:CLCO)
Sep 23Is CloudCoCo Group (LON:CLCO) Using Debt In A Risky Way?
Jul 02Is CloudCoCo Group (LON:CLCO) Using Debt Sensibly?
Aug 11A Look At The Intrinsic Value Of CloudCoCo Group plc (LON:CLCO)
Nov 01Is CloudCoCo Group (LON:CLCO) Using Too Much Debt?
Jun 18We Think CloudCoCo Group (LON:CLCO) Has A Fair Chunk Of Debt
Mar 03Financial Position Analysis
Short Term Liabilities: CLCO's short term assets (£5.7M) do not cover its short term liabilities (£10.1M).
Long Term Liabilities: CLCO's short term assets (£5.7M) do not cover its long term liabilities (£7.8M).
Debt to Equity History and Analysis
Debt Level: CLCO's net debt to equity ratio (445.4%) is considered high.
Reducing Debt: CLCO's debt to equity ratio has increased from 102.6% to 522.1% 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 CLCO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CLCO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.4% per year.