Cloudberry Clean Energy Balance Sheet Health
Financial Health criteria checks 2/6
Cloudberry Clean Energy has a total shareholder equity of NOK5.0B and total debt of NOK1.5B, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are NOK7.0B and NOK2.0B respectively.
Key information
30.2%
Debt to equity ratio
NOK 1.52b
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 1.13b |
| Equity | NOK 5.01b |
| Total liabilities | NOK 1.97b |
| Total assets | NOK 6.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLOUDO's short term assets (NOK1.4B) exceed its short term liabilities (NOK250.0M).
Long Term Liabilities: CLOUDO's short term assets (NOK1.4B) do not cover its long term liabilities (NOK1.7B).
Debt to Equity History and Analysis
Debt Level: CLOUDO's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CLOUDO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CLOUDO's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: Insufficient data to determine if CLOUDO's interest payments on its debt are well covered by EBIT.