Clover Power Balance Sheet Health
Financial Health criteria checks 3/6
Clover Power has a total shareholder equity of THB1.4B and total debt of THB2.2B, which brings its debt-to-equity ratio to 159.6%. Its total assets and total liabilities are THB4.4B and THB3.0B respectively.
Key information
159.6%
Debt to equity ratio
฿2.24b
Debt
Interest coverage ratio | n/a |
Cash | ฿5.55m |
Equity | ฿1.40b |
Total liabilities | ฿3.02b |
Total assets | ฿4.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CV's short term assets (THB2.0B) do not cover its short term liabilities (THB2.1B).
Long Term Liabilities: CV's short term assets (THB2.0B) exceed its long term liabilities (THB936.6M).
Debt to Equity History and Analysis
Debt Level: CV's net debt to equity ratio (159.2%) is considered high.
Reducing Debt: CV's debt to equity ratio has increased from 149.3% to 159.6% 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: Whilst unprofitable CV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CV is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.3% per year.