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
CashUS$818.53k
EquityUS$22.84k
Total liabilitiesUS$1.60m
Total assetsUS$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.


Balance Sheet


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