Claranova Balance Sheet Health
Financial Health criteria checks 3/6
Claranova has a total shareholder equity of €1.1M and total debt of €137.4M, which brings its debt-to-equity ratio to 12490.9%. Its total assets and total liabilities are €291.9M and €290.8M respectively. Claranova's EBIT is €34.1M making its interest coverage ratio 1.5. It has cash and short-term investments of €96.6M.
Key information
12,490.9%
Debt to equity ratio
€137.40m
Debt
Interest coverage ratio | 1.5x |
Cash | €96.60m |
Equity | €1.10m |
Total liabilities | €290.80m |
Total assets | €291.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0N6K's short term assets (€143.0M) do not cover its short term liabilities (€245.8M).
Long Term Liabilities: 0N6K's short term assets (€143.0M) exceed its long term liabilities (€45.0M).
Debt to Equity History and Analysis
Debt Level: 0N6K's net debt to equity ratio (3709.1%) is considered high.
Reducing Debt: 0N6K's debt to equity ratio has increased from 174.9% to 12490.9% 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 0N6K has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0N6K is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.6% per year.