CleanSpark Balance Sheet Health
Financial Health criteria checks 5/6
CleanSpark has a total shareholder equity of $810.6M and total debt of $14.5M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are $862.7M and $52.2M respectively.
Key information
1.8%
Debt to equity ratio
US$14.47m
Debt
Interest coverage ratio | n/a |
Cash | US$49.21m |
Equity | US$810.56m |
Total liabilities | US$52.17m |
Total assets | US$862.73m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLSK *'s short term assets ($181.7M) exceed its short term liabilities ($42.4M).
Long Term Liabilities: CLSK *'s short term assets ($181.7M) exceed its long term liabilities ($9.8M).
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 5.7% to 1.8% 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 sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
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.