Clabo Balance Sheet Health
Financial Health criteria checks 1/6
Clabo has a total shareholder equity of €10.6M and total debt of €37.9M, which brings its debt-to-equity ratio to 356.7%. Its total assets and total liabilities are €91.0M and €80.3M respectively. Clabo's EBIT is €4.9M making its interest coverage ratio 1.5. It has cash and short-term investments of €1.4M.
Key information
356.7%
Debt to equity ratio
€37.92m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €1.43m |
| Equity | €10.63m |
| Total liabilities | €80.32m |
| Total assets | €90.95m |
Recent financial health updates
Clabo (BIT:CLABO) Has A Somewhat Strained Balance Sheet
Nov 29
Is Clabo (BIT:CLA) Using Debt In A Risky Way?
Sep 30Clabo (BIT:CLA) Seems To Be Using A Lot Of Debt
May 28Health Check: How Prudently Does Clabo (BIT:CLA) Use Debt?
Apr 09Recent updates
Clabo (BIT:CLABO) Is Doing The Right Things To Multiply Its Share Price
Feb 09Is It Time To Consider Buying Clabo S.p.A. (BIT:CLABO)?
Jan 14Why Investors Shouldn't Be Surprised By Clabo S.p.A.'s (BIT:CLABO) 46% Share Price Surge
Dec 18Clabo (BIT:CLABO) Has A Somewhat Strained Balance Sheet
Nov 29Why Clabo S.p.A. (BIT:CLABO) Could Be Worth Watching
Oct 13Investors Could Be Concerned With Clabo's (BIT:CLA) Returns On Capital
Jan 18Is Clabo (BIT:CLA) Using Debt In A Risky Way?
Sep 30Clabo (BIT:CLA) Seems To Be Using A Lot Of Debt
May 28Health Check: How Prudently Does Clabo (BIT:CLA) Use Debt?
Apr 09Financial Position Analysis
Short Term Liabilities: CLABO's short term assets (€40.9M) do not cover its short term liabilities (€41.6M).
Long Term Liabilities: CLABO's short term assets (€40.9M) exceed its long term liabilities (€38.7M).
Debt to Equity History and Analysis
Debt Level: CLABO's net debt to equity ratio (343.2%) is considered high.
Reducing Debt: CLABO's debt to equity ratio has increased from 143% to 356.7% over the past 5 years.
Debt Coverage: CLABO's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: CLABO's interest payments on its debt are not well covered by EBIT (1.5x coverage).