Clover Power Balance Sheet Health
Financial Health criteria checks 2/6
Clover Power has a total shareholder equity of THB1.4B and total debt of THB2.2B, which brings its debt-to-equity ratio to 157.4%. Its total assets and total liabilities are THB4.4B and THB3.0B respectively.
Key information
157.4%
Debt to equity ratio
฿2.25b
Debt
Interest coverage ratio | n/a |
Cash | ฿5.51m |
Equity | ฿1.43b |
Total liabilities | ฿3.01b |
Total assets | ฿4.44b |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: CV-F's short term assets (THB2.0B) exceed its short term liabilities (THB1.6B).
Long Term Liabilities: CV-F's short term assets (THB2.0B) exceed its long term liabilities (THB1.4B).
Debt to Equity History and Analysis
Debt Level: CV-F's net debt to equity ratio (157%) is considered high.
Reducing Debt: CV-F's debt to equity ratio has increased from 117.5% to 157.4% over the past 5 years.
Debt Coverage: CV-F's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: Insufficient data to determine if CV-F's interest payments on its debt are well covered by EBIT.