Cleartronic Balance Sheet Health
Financial Health criteria checks 5/6
Cleartronic has a total shareholder equity of $22.8K 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. Cleartronic's EBIT is $6.7K making its interest coverage ratio -1. It has cash and short-term investments of $818.5K.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -1x |
Cash | US$818.53k |
Equity | US$22.84k |
Total liabilities | US$1.60m |
Total assets | US$1.63m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLRI's short term assets ($1.5M) do not cover its short term liabilities ($1.5M).
Long Term Liabilities: CLRI's short term assets ($1.5M) exceed its long term liabilities ($68.2K).
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.
Debt Coverage: CLRI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CLRI has no debt, therefore coverage of interest payments is not a concern.