CL Educate Balance Sheet Health
Financial Health criteria checks 6/6
CL Educate has a total shareholder equity of ₹2.8B and total debt of ₹210.8M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ₹3.9B and ₹1.1B respectively. CL Educate's EBIT is ₹240.7M making its interest coverage ratio 9.8. It has cash and short-term investments of ₹1.0B.
Key information
7.6%
Debt to equity ratio
₹210.81m
Debt
| Interest coverage ratio | 9.8x |
| Cash | ₹1.04b |
| Equity | ₹2.79b |
| Total liabilities | ₹1.10b |
| Total assets | ₹3.88b |
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
CL 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 02Consider This Before Buying CL Educate Limited (NSE:CLEDUCATE) For The 2.6% Dividend
Aug 10Have Insiders Been Buying CL Educate Limited (NSE:CLEDUCATE) Shares?
Jul 07Financial Position Analysis
Short Term Liabilities: CLEDUCATE's short term assets (₹2.4B) exceed its short term liabilities (₹926.8M).
Long Term Liabilities: CLEDUCATE's short term assets (₹2.4B) exceed its long term liabilities (₹168.6M).
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 16.9% to 7.6% over the past 5 years.
Debt Coverage: CLEDUCATE's debt is well covered by operating cash flow (121.3%).
Interest Coverage: CLEDUCATE's interest payments on its debt are well covered by EBIT (9.8x coverage).