CL Educate Balance Sheet Health
Financial Health criteria checks 6/6
CL Educate has a total shareholder equity of ₹2.9B and total debt of ₹248.1M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are ₹4.2B and ₹1.3B respectively. CL Educate's EBIT is ₹126.4M making its interest coverage ratio -1.8. It has cash and short-term investments of ₹975.9M.
Key information
8.6%
Debt to equity ratio
₹248.13m
Debt
| Interest coverage ratio | -1.8x |
| Cash | ₹975.89m |
| Equity | ₹2.88b |
| Total liabilities | ₹1.34b |
| Total assets | ₹4.22b |
Recent financial health updates
Does CL Educate (NSE:CLEDUCATE) Have A Healthy Balance Sheet?
Aug 02
CL Educate (NSE:CLEDUCATE) Has Debt But No Earnings; Should You Worry?
Feb 07Is CL Educate (NSE:CLEDUCATE) Using Debt In A Risky Way?
Mar 14Health Check: How Prudently Does CL Educate (NSE:CLEDUCATE) Use Debt?
Dec 13Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For CL Educate (NSE:CLEDUCATE)
Nov 20Be Wary Of CL Educate (NSE:CLEDUCATE) And Its Returns On Capital
Oct 17CL Educate Limited's (NSE:CLEDUCATE) Shares Climb 44% But Its Business Is Yet to Catch Up
Sep 23It's Unlikely That CL Educate Limited's (NSE:CLEDUCATE) CEO Will See A Huge Pay Rise This Year
Sep 11CL Educate Limited's (NSE:CLEDUCATE) Price Is Out Of Tune With Earnings
Aug 09Returns On Capital Signal Difficult Times Ahead For CL Educate (NSE:CLEDUCATE)
Jun 11CL Educate (NSE:CLEDUCATE) Has Some Difficulty Using Its Capital Effectively
Feb 10Returns On Capital Are Showing Encouraging Signs At CL Educate (NSE:CLEDUCATE)
Oct 19CL Educate (NSE:CLEDUCATE) Has Some Way To Go To Become A Multi-Bagger
Mar 30Returns On Capital Signal Difficult Times Ahead For CL Educate (NSE:CLEDUCATE)
Oct 27Does CL Educate (NSE:CLEDUCATE) Have A Healthy Balance Sheet?
Aug 02CL Educate (NSE:CLEDUCATE) Could Be Struggling To Allocate Capital
Jun 02CL Educate (NSE:CLEDUCATE) Has Debt But No Earnings; Should You Worry?
Feb 07We Think Shareholders May Want To Consider A Review Of CL Educate Limited's (NSE:CLEDUCATE) CEO Compensation Package
Aug 31The Founder & Chairman of CL Educate Limited (NSE:CLEDUCATE), Satya Ramakrishnan, Just Bought A Few More Shares
Mar 21Is CL Educate (NSE:CLEDUCATE) Using Debt In A Risky Way?
Mar 14Should You Buy CL Educate Limited (NSE:CLEDUCATE) For Its Dividend?
Feb 07Insider Buying: The CL Educate Limited (NSE:CLEDUCATE) Founder & Chairman Just Bought ₹70k Worth Of Shares
Dec 19
Health Check: How Prudently Does CL Educate (NSE:CLEDUCATE) Use Debt?
Dec 13Factors Income Investors Should Consider Before Adding CL Educate Limited (NSE:CLEDUCATE) To Their Portfolio
Nov 08Vice Chairman & MD Gautam Puri Just Bought A Handful Of Shares In CL Educate Limited (NSE:CLEDUCATE)
Sep 02Financial Position Analysis
Short Term Liabilities: CLEDUCATE's short term assets (₹2.7B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: CLEDUCATE's short term assets (₹2.7B) exceed its long term liabilities (₹169.2M).
Debt to Equity History and Analysis
Debt Level: CLEDUCATE has more cash than its total debt.
Reducing Debt: CLEDUCATE's debt to equity ratio has reduced from 16% to 8.6% over the past 5 years.
Debt Coverage: CLEDUCATE's debt is well covered by operating cash flow (37.9%).
Interest Coverage: CLEDUCATE earns more interest than it pays, so coverage of interest payments is not a concern.