Claren Energy Balance Sheet Health
Financial Health criteria checks 0/6
Claren Energy has a total shareholder equity of CA$-442.4K and total debt of CA$300.0K, which brings its debt-to-equity ratio to -67.8%. Its total assets and total liabilities are CA$50.6K and CA$492.9K respectively.
Key information
-67.8%
Debt to equity ratio
CA$300.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$44.82k |
| Equity | -CA$442.39k |
| Total liabilities | CA$492.94k |
| Total assets | CA$50.55k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNEN.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CNEN.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CNEN.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CNEN.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CNEN.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CNEN.F's interest payments on its debt are well covered by EBIT.