CleanCore Solutions Balance Sheet Health
Financial Health criteria checks 1/6
CleanCore Solutions has a total shareholder equity of $1.1M and total debt of $3.2M, which brings its debt-to-equity ratio to 299.3%. Its total assets and total liabilities are $5.8M and $4.7M respectively.
Key information
299.3%
Debt to equity ratio
US$3.21m
Debt
Interest coverage ratio | n/a |
Cash | US$44.71k |
Equity | US$1.07m |
Total liabilities | US$4.74m |
Total assets | US$5.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZONE's short term assets ($1.6M) do not cover its short term liabilities ($4.4M).
Long Term Liabilities: ZONE's short term assets ($1.6M) exceed its long term liabilities ($351.6K).
Debt to Equity History and Analysis
Debt Level: ZONE's net debt to equity ratio (295.1%) is considered high.
Reducing Debt: Insufficient data to determine if ZONE's debt to equity ratio has reduced 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: ZONE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZONE has less than a year of cash runway if free cash flow continues to grow at historical rates of 45.7% each year.