Sharc International Systems Balance Sheet Health
Financial Health criteria checks 4/6
Sharc International Systems has a total shareholder equity of CA$1.1M and total debt of CA$1.7M, which brings its debt-to-equity ratio to 147.4%. Its total assets and total liabilities are CA$3.9M and CA$2.8M respectively.
Key information
147.4%
Debt to equity ratio
CA$1.65m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.83m |
| Equity | CA$1.12m |
| Total liabilities | CA$2.79m |
| Total assets | CA$3.91m |
Recent financial health updates
We Think Sharc International Systems (CSE:SHRC) Needs To Drive Business Growth Carefully
Mar 16
Does Sharc International Systems (CSE:SHRC) Have A Healthy Balance Sheet?
Aug 22Would Sharc International Systems (CSE:SHRC) Be Better Off With Less Debt?
May 13Here's Why Sharc International Systems (CSE:SHRC) Can Afford Some Debt
Jun 01Recent updates
Here's Why Shareholders May Want To Be Cautious With Increasing Sharc International Systems Inc.'s (CSE:SHRC) CEO Pay Packet
Sep 06We Think Sharc International Systems (CSE:SHRC) Needs To Drive Business Growth Carefully
Mar 16Shareholders Will Probably Not Have Any Issues With Sharc International Systems Inc.'s (CSE:SHRC) CEO Compensation
Sep 06Does Sharc International Systems (CSE:SHRC) Have A Healthy Balance Sheet?
Aug 22Would Sharc International Systems (CSE:SHRC) Be Better Off With Less Debt?
May 13We Discuss Why Sharc International Systems Inc.'s (CSE:SHRC) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Jul 15Here's Why Sharc International Systems (CSE:SHRC) Can Afford Some Debt
Jun 01Financial Position Analysis
Short Term Liabilities: SHRC's short term assets (CA$3.7M) exceed its short term liabilities (CA$1.0M).
Long Term Liabilities: SHRC's short term assets (CA$3.7M) exceed its long term liabilities (CA$1.8M).
Debt to Equity History and Analysis
Debt Level: SHRC has more cash than its total debt.
Reducing Debt: SHRC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: SHRC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SHRC has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.8% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:37 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sharc International Systems Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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