CleanBnB Balance Sheet Health
Financial Health criteria checks 4/6
CleanBnB has a total shareholder equity of €1.7M and total debt of €431.9K, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are €10.1M and €8.4M respectively. CleanBnB's EBIT is €442.2K making its interest coverage ratio -17.5. It has cash and short-term investments of €8.0M.
Key information
24.9%
Debt to equity ratio
€431.94k
Debt
| Interest coverage ratio | -17.5x |
| Cash | €7.96m |
| Equity | €1.73m |
| Total liabilities | €8.35m |
| Total assets | €10.08m |
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?
Oct 05Should 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 (€9.4M) exceed its short term liabilities (€7.9M).
Long Term Liabilities: CBB's short term assets (€9.4M) exceed its long term liabilities (€409.6K).
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 8.1% to 24.9% over the past 5 years.
Debt Coverage: CBB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CBB earns more interest than it pays, so coverage of interest payments is not a concern.