Cleartronic Balance Sheet Health
Financial Health criteria checks 5/6
Cleartronic has a total shareholder equity of $29.6K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.6M and $1.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$789.19k |
| Equity | US$29.61k |
| Total liabilities | US$1.62m |
| Total assets | US$1.65m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLRI's short term assets ($1.4M) do not cover its short term liabilities ($1.6M).
Long Term Liabilities: CLRI's short term assets ($1.4M) exceed its long term liabilities ($40.1K).
Debt to Equity History and Analysis
Debt Level: CLRI is debt free.
Reducing Debt: CLRI currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: Whilst unprofitable CLRI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CLRI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.6% per year.