Clever Leaves Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Clever Leaves Holdings has a total shareholder equity of $24.2M and total debt of $1.2M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are $31.2M and $7.0M respectively.
Key information
5.0%
Debt to equity ratio
US$1.22m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.83m |
| Equity | US$24.22m |
| Total liabilities | US$7.03m |
| Total assets | US$31.24m |
Recent financial health updates
Recent updates
Even With A 59% Surge, Cautious Investors Are Not Rewarding Clever Leaves Holdings Inc.'s (NASDAQ:CLVR) Performance Completely
Feb 26
There's No Escaping Clever Leaves Holdings Inc.'s (NASDAQ:CLVR) Muted Revenues
Jun 24Clever Leaves partners with House of Kush for international expansion
Sep 21Clever Leaves reports Q2 results
Aug 11Everyone Says Sell Your Cannabis Stocks! I See It Differently (Podcast Transcript)
Jul 26Clever Leaves exports cannabis to Israel partner Intercure
Jul 18Clever Leaves expands partnership with Cantourage
Jul 11Clever Leaves Remains A Hold As It Ramps Up German Medical Cannabis And Colombian Exports
Jun 10Clever Leaves: New Management Needs To Nail Cannabis Distribution, Not Just Production
Mar 28Clever Leaves Looks Overvalued Based On Fundamentals
Jan 12Clever Leaves CEO Kyle Detwiler - Multi-National Cannabis Wholesaler (Video)
Jul 08Clever Leaves Holdings: A Smart Way To Gain Exposure To Cannabis Market
Jun 27Clever Leaves dispatches commercial flower shipment to Australia through IDT Australia
Jun 21Clever Leaves trades higher on joining Russell Microcap Index
Jun 14Clever Leaves Holdings (CLVR) Presents At 2021 ICR Conference - Slideshow
Jan 13Clever Leaves inks multi-year partnership with Entourage Phytolab
Jan 12Clever Leaves: Not The Ideal Cannabis Position
Jan 06Financial Position Analysis
Short Term Liabilities: CLVR's short term assets ($13.9M) exceed its short term liabilities ($5.8M).
Long Term Liabilities: CLVR's short term assets ($13.9M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: CLVR has more cash than its total debt.
Reducing Debt: CLVR's debt to equity ratio has reduced from 33.3% to 5% 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: CLVR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CLVR has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.1% each year.