[크레버스 줌인]① 비용 절감 효과…차입 부담 해소는 과제

Cleverse is pursuing dual strategies of investing in new brands like THE OPEN while aggressively cutting operational costs, with initial success evident in student enrollment growth. However, its staggering short-term debt burden (422 billion won) against meager cash reserves (165 billion won) represents a critical structural vulnerability. The company's ability to translate brand growth into improved cash flow—rather than further debt accumulation—will ultimately determine investor confidence and corporate valuation.