Credit Clear Ltd
ASX:CCR

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Credit Clear Ltd
ASX:CCR
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Price: 0.125 AUD -3.85%
Market Cap: AU$62.1m

Bankruptcy Probability

Credit Clear Ltd's probability of bankruptcy is 3.2%, pointing to a small but noticeable default risk. The solvency score is 50/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
+87%
5Y
-
10Y
-
Long-Term Investments
+
3Y
-14%
5Y
-
10Y
-
Debt
+
3Y
+103%
5Y
-
10Y
-

Solvency Ratios

Solvency Ratios Comparison
Credit Clear Ltd Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
AU
Credit Clear Ltd
ASX:CCR
62.6m AUD
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No Stocks Found
Is Credit Clear Ltd at risk of bankruptcy?

Credit Clear Ltd's probability of bankruptcy is 3.2%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Credit Clear Ltd have?

As of the latest report, Credit Clear Ltd has total debt of 8.3m AUD. This includes both short-term (5.5m AUD) and long-term (2.8m AUD) debt.

You can find a full breakdown on its Balance Sheet.

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