CleanSpark Balance Sheet Health
Financial Health criteria checks 4/6
CleanSpark has a total shareholder equity of $1.4B and total debt of $11.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are $1.5B and $73.4M respectively. CleanSpark's EBIT is $37.5M making its interest coverage ratio -9.2. It has cash and short-term investments of $127.0M.
Key information
0.8%
Debt to equity ratio
US$10.98m
Debt
| Interest coverage ratio | -9.2x |
| Cash | US$126.95m |
| Equity | US$1.40b |
| Total liabilities | US$73.38m |
| Total assets | US$1.48b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLSK *'s short term assets ($598.8M) exceed its short term liabilities ($67.0M).
Long Term Liabilities: CLSK *'s short term assets ($598.8M) exceed its long term liabilities ($6.4M).
Debt to Equity History and Analysis
Debt Level: CLSK * has more cash than its total debt.
Reducing Debt: CLSK *'s debt to equity ratio has reduced from 6.1% to 0.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CLSK * has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CLSK * has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.