ClearView Wealth Balance Sheet Health
Financial Health criteria checks 5/6
ClearView Wealth has a total shareholder equity of A$485.3M and total debt of A$90.2M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are A$2.6B and A$2.1B respectively. ClearView Wealth's EBIT is A$48.2M making its interest coverage ratio 6.7. It has cash and short-term investments of A$94.5M.
Key information
18.6%
Debt to equity ratio
AU$90.20m
Debt
Interest coverage ratio | 6.7x |
Cash | AU$94.52m |
Equity | AU$485.30m |
Total liabilities | AU$2.10b |
Total assets | AU$2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVWL.F's short term assets (A$2.1B) exceed its short term liabilities (A$54.8M).
Long Term Liabilities: CVWL.F's short term assets (A$2.1B) exceed its long term liabilities (A$2.0B).
Debt to Equity History and Analysis
Debt Level: CVWL.F has more cash than its total debt.
Reducing Debt: CVWL.F's debt to equity ratio has increased from 0% to 18.6% over the past 5 years.
Debt Coverage: CVWL.F's debt is well covered by operating cash flow (68.6%).
Interest Coverage: CVWL.F's interest payments on its debt are well covered by EBIT (6.7x coverage).