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.