Calnex Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Calnex Solutions has a total shareholder equity of £26.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £36.7M and £9.8M respectively. Calnex Solutions's EBIT is £3.3M making its interest coverage ratio -22.6. It has cash and short-term investments of £13.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -22.6x |
| Cash | UK£13.48m |
| Equity | UK£26.90m |
| Total liabilities | UK£9.84m |
| Total assets | UK£36.74m |
Recent financial health updates
No updates
Recent updates
More Unpleasant Surprises Could Be In Store For Calnex Solutions plc's (LON:CLX) Shares After Tumbling 25%
Mar 20
Calnex Solutions plc's (LON:CLX) Share Price Could Signal Some Risk
Jan 31Investors Could Be Concerned With Calnex Solutions' (LON:CLX) Returns On Capital
Nov 23Is It Time To Consider Buying Calnex Solutions plc (LON:CLX)?
Oct 05Is Now An Opportune Moment To Examine Calnex Solutions plc (LON:CLX)?
Jun 21Is Calnex Solutions plc (LON:CLX) Potentially Undervalued?
Mar 08Under The Bonnet, Calnex Solutions' (LON:CLX) Returns Look Impressive
Nov 05Does Calnex Solutions (LON:CLX) Deserve A Spot On Your Watchlist?
Jul 22Calnex Solutions (LON:CLX) Hasn't Managed To Accelerate Its Returns
Jan 20Earnings Not Telling The Story For Calnex Solutions Plc (LON:CLX) After Shares Rise 32%
Oct 28Here's Why We Think Calnex Solutions's (LON:CLX) Statutory Earnings Might Be Conservative
Jan 06
Financial Position Analysis
Short Term Liabilities: CLX's short term assets (£22.0M) exceed its short term liabilities (£5.8M).
Long Term Liabilities: CLX's short term assets (£22.0M) exceed its long term liabilities (£4.1M).
Debt to Equity History and Analysis
Debt Level: CLX is debt free.
Reducing Debt: CLX has no debt compared to 5 years ago when its debt to equity ratio was 57.3%.
Debt Coverage: CLX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CLX has no debt, therefore coverage of interest payments is not a concern.