CloudCoCo Group Balance Sheet Health
Financial Health criteria checks 2/6
CloudCoCo Group has a total shareholder equity of £30.0K and total debt of £5.7M, which brings its debt-to-equity ratio to 18993.3%. Its total assets and total liabilities are £18.1M and £18.1M respectively.
Key information
18,993.3%
Debt to equity ratio
UK£5.70m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£606.00k |
| Equity | UK£30.00k |
| Total liabilities | UK£18.11m |
| Total assets | UK£18.14m |
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
Further Upside For CloudCoCo Group plc (LON:CLCO) Shares Could Introduce Price Risks After 220% Bounce
Oct 17CloudCoCo Group plc (LON:CLCO) Soars 220% But It's A Story Of Risk Vs Reward
Oct 17CloudCoCo 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 (£5.6M) do not cover its short term liabilities (£10.2M).
Long Term Liabilities: CLCO's short term assets (£5.6M) do not cover its long term liabilities (£7.9M).
Debt to Equity History and Analysis
Debt Level: CLCO's net debt to equity ratio (16973.3%) is considered high.
Reducing Debt: CLCO's debt to equity ratio has increased from 142.9% to 18993.3% 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 54.8% per year.