Clearwater Analytics Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Clearwater Analytics Holdings has a total shareholder equity of $2.0B and total debt of $878.1M, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are $3.0B and $1.0B respectively. Clearwater Analytics Holdings's EBIT is $18.1M making its interest coverage ratio 5. It has cash and short-term investments of $71.9M.
Key information
44.17%
Debt to equity ratio
US$878.10m
Debt
| Interest coverage ratio | 5x |
| Cash | US$71.92m |
| Equity | US$1.99b |
| Total liabilities | US$1.03b |
| Total assets | US$3.02b |
Recent financial health updates
Clearwater Analytics Holdings (NYSE:CWAN) Has A Rock Solid Balance Sheet
Jul 13
Clearwater Analytics Holdings (NYSE:CWAN) Could Easily Take On More Debt
Mar 28Recent updates
Clearwater Analytics Holdings: Near-Term Uncertainties Still Make Me Cautious
Aug 19Clearwater Analytics Holdings (NYSE:CWAN) Has A Rock Solid Balance Sheet
Jul 13Is There An Opportunity With Clearwater Analytics Holdings, Inc.'s (NYSE:CWAN) 43% Undervaluation?
May 20Clearwater Analytics: 3 Acquisitions That Make This A Strong Buy
Apr 24What You Can Learn From Clearwater Analytics Holdings, Inc.'s (NYSE:CWAN) P/S
Apr 23Clearwater Analytics Holdings (NYSE:CWAN) Could Easily Take On More Debt
Mar 28We Think Shareholders Should Be Aware Of Some Factors Beyond Clearwater Analytics Holdings' (NYSE:CWAN) Profit
Feb 27Clearwater Analytics Holdings: Growth Outlook Remains Very Robust
Feb 23
Global Expansion, Generative AI, And Snowflake Partnership Will Drive Future Success
Strategic global expansion, upselling, and partnerships position the company for potential revenue growth and improved margins.Clearwater Analytics Holdings: Positive On Growth Acceleration
Dec 04Clearwater Analytics: Turning Into A Bona Fide Cash Cow
Sep 13Clearwater Analytics Holdings: Reiterate Buy Rating On Good Growth Outlook
Aug 02Clearwater Analytics: Q1 Earnings Merit A Rating Upgrade
May 09Financial Position Analysis
Short Term Liabilities: CWAN's short term assets ($257.6M) exceed its short term liabilities ($127.7M).
Long Term Liabilities: CWAN's short term assets ($257.6M) do not cover its long term liabilities ($905.6M).
Debt to Equity History and Analysis
Debt Level: CWAN's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: CWAN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CWAN's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: CWAN's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/24 19:54 |
| End of Day Share Price | 2025/10/24 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Clearwater Analytics Holdings, Inc. is covered by 16 analysts. 12 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 |
|---|---|
| Andrew Schmidt | Citigroup Inc |
| Peter Heckmann | D.A. Davidson & Co. |
| Gabriela Borges | Goldman Sachs |