Clean Energy Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Clean Energy Technologies has a total shareholder equity of $3.6M and total debt of $3.5M, which brings its debt-to-equity ratio to 99%. Its total assets and total liabilities are $9.4M and $5.8M respectively.
Key information
99.0%
Debt to equity ratio
US$3.55m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.11m |
| Equity | US$3.58m |
| Total liabilities | US$5.85m |
| Total assets | US$9.43m |
Recent financial health updates
Recent updates
Take Care Before Jumping Onto Clean Energy Technologies, Inc. (NASDAQ:CETY) Even Though It's 27% Cheaper
Aug 16
Clean Energy Technologies, Inc. (NASDAQ:CETY) Stock Rockets 28% But Many Are Still Ignoring The Company
Mar 08Clean Energy Technologies, Inc. (NASDAQ:CETY) Stocks Pounded By 36% But Not Lagging Industry On Growth Or Pricing
Jan 23Is Clean Energy Technologies (NASDAQ:CETY) Using Too Much Debt?
May 15Financial Position Analysis
Short Term Liabilities: CETY's short term assets ($4.8M) do not cover its short term liabilities ($5.6M).
Long Term Liabilities: CETY's short term assets ($4.8M) exceed its long term liabilities ($218.9K).
Debt to Equity History and Analysis
Debt Level: CETY's net debt to equity ratio (68.1%) is considered high.
Reducing Debt: CETY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: CETY has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CETY is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 13:06 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Clean Energy Technologies, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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