CleanBnB Balance Sheet Health
Financial Health criteria checks 4/6
CleanBnB has a total shareholder equity of €1.7M and total debt of €2.3M, which brings its debt-to-equity ratio to 130.8%. Its total assets and total liabilities are €8.5M and €6.8M respectively. CleanBnB's EBIT is €201.9K making its interest coverage ratio 10.5. It has cash and short-term investments of €5.3M.
Key information
130.8%
Debt to equity ratio
€2.25m
Debt
| Interest coverage ratio | 10.5x |
| Cash | €5.35m |
| Equity | €1.72m |
| Total liabilities | €6.77m |
| Total assets | €8.49m |
Recent financial health updates
Is CleanBnB (BIT:CBB) Using Too Much Debt?
Nov 12
Is CleanBnB (BIT:CBB) Weighed On By Its Debt Load?
May 27Is CleanBnB (BIT:CBB) Using Debt Sensibly?
Dec 20Recent updates
Should You Think About Buying CleanBnB S.p.A. (BIT:CBB) Now?
Apr 06CleanBnB S.p.A. (BIT:CBB) Stock Rockets 31% But Many Are Still Ignoring The Company
Jan 05Should You Investigate CleanBnB S.p.A. (BIT:CBB) At €1.15?
Dec 30Not Many Are Piling Into CleanBnB S.p.A. (BIT:CBB) Just Yet
Jul 14Is CleanBnB (BIT:CBB) Using Too Much Debt?
Nov 12Is CleanBnB (BIT:CBB) Weighed On By Its Debt Load?
May 27CleanBnB S.p.A. (BIT:CBB): Is Breakeven Near?
Apr 04Is CleanBnB (BIT:CBB) Using Debt Sensibly?
Dec 20Financial Position Analysis
Short Term Liabilities: CBB's short term assets (€7.6M) exceed its short term liabilities (€6.2M).
Long Term Liabilities: CBB's short term assets (€7.6M) exceed its long term liabilities (€560.9K).
Debt to Equity History and Analysis
Debt Level: CBB has more cash than its total debt.
Reducing Debt: CBB's debt to equity ratio has increased from 0% to 130.8% over the past 5 years.
Debt Coverage: CBB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CBB's interest payments on its debt are well covered by EBIT (10.5x coverage).