Sharc International Systems Balance Sheet Health

Financial Health criteria checks 4/6

Sharc International Systems has a total shareholder equity of CA$2.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.5M and CA$754.6K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$1.24m
Equity	CA$2.71m
Total liabilities	CA$754.65k
Total assets	CA$3.46m

Recent financial health updates

We Think Sharc International Systems (CSE:SHRC) Needs To Drive Business Growth Carefully

Mar 16

Recent updates

We Think Sharc International Systems (CSE:SHRC) Needs To Drive Business Growth Carefully

Mar 16

Shareholders Will Probably Not Have Any Issues With Sharc International Systems Inc.'s (CSE:SHRC) CEO Compensation

Sep 06

Does Sharc International Systems (CSE:SHRC) Have A Healthy Balance Sheet?

Aug 22

Would Sharc International Systems (CSE:SHRC) Be Better Off With Less Debt?

May 13

We Discuss Why Sharc International Systems Inc.'s (CSE:SHRC) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year

Jul 15

Here's Why Sharc International Systems (CSE:SHRC) Can Afford Some Debt

Jun 01

Financial Position Analysis

Short Term Liabilities: SHRC's short term assets (CA$3.2M) exceed its short term liabilities (CA$644.8K).

Long Term Liabilities: SHRC's short term assets (CA$3.2M) exceed its long term liabilities (CA$109.8K).

Debt to Equity History and Analysis

Debt Level: SHRC is debt free.

Reducing Debt: SHRC currently has no debt however we can't compare to 5 years ago as we have no data for that period.

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 8.6% each year.

Sharc International Systems Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

We Think Sharc International Systems (CSE:SHRC) Needs To Drive Business Growth Carefully

Does Sharc International Systems (CSE:SHRC) Have A Healthy Balance Sheet?

Would Sharc International Systems (CSE:SHRC) Be Better Off With Less Debt?

Here's Why Sharc International Systems (CSE:SHRC) Can Afford Some Debt

Recent updates

Full year 2023 earnings released: CA$0.03 loss per share (vs CA$0.046 loss in FY 2022)

We Think Sharc International Systems (CSE:SHRC) Needs To Drive Business Growth Carefully

Independent Director recently bought CA$1.6m worth of stock

Third quarter 2023 earnings released: CA$0.006 loss per share (vs CA$0.009 loss in 3Q 2022)

SHARC International Systems Inc. Announces Piranha Wastewater Energy Transfer System Has Successfully Completed Testing in Compliance with CSA/UL Standards 60335-2-40, and NSF 5

Sharc Energy Appoints Dermot Sweeny to Board of Directors, Strengthening its Commitment to Sustainable Design

Sharc International Systems Inc. Appointed Peter Busby to the Board of Directors

Shareholders Will Probably Not Have Any Issues With Sharc International Systems Inc.'s (CSE:SHRC) CEO Compensation

Second quarter 2023 earnings released: CA$0.011 loss per share (vs CA$0.012 loss in 2Q 2022)

Does Sharc International Systems (CSE:SHRC) Have A Healthy Balance Sheet?

Sharc International Systems Inc., Annual General Meeting, Sep 12, 2023

New major risk - Shareholder dilution

First quarter 2023 earnings released: CA$0.006 loss per share (vs CA$0.008 loss in 1Q 2022)

Independent Director recently bought CA$168k worth of stock

Full year 2022 earnings released: CA$0.046 loss per share (vs CA$0.033 loss in FY 2021)

Independent Director exercised options to buy CA$69k worth of stock.

Third quarter 2022 earnings released

Insufficient new directors

Second quarter 2022 earnings released: CA$0.012 loss per share (vs CA$0.011 loss in 2Q 2021)

Insufficient new directors

First quarter 2022 earnings released: CA$0.008 loss per share (vs CA$0.01 loss in 1Q 2021)

Independent Director recently bought CA$90k worth of stock

Would Sharc International Systems (CSE:SHRC) Be Better Off With Less Debt?

Independent Director exercised options to buy CA$469k worth of stock.

Full year 2021 earnings released: CA$0.033 loss per share (vs CA$0.051 loss in FY 2020)

Independent Director recently bought CA$159k worth of stock

Independent Director recently bought CA$67k worth of stock

CFO & Corporate Secretary exercised options and sold CA$67k worth of stock

Nominee Director exercised options to buy CA$1.3m worth of stock.

Nominee Director recently sold CA$1.2m worth of stock

Third quarter 2021 earnings released: CA$0.004 loss per share (vs CA$0.017 loss in 3Q 2020)

International Systems Inc. Provides an Update on the National Western Center, Trico Livingwell and 303 Battery Projects

Second quarter 2021 earnings released: CA$0.011 loss per share (vs CA$0.001 loss in 2Q 2020)

Independent Director recently bought CA$107k worth of stock

We Discuss Why Sharc International Systems Inc.'s (CSE:SHRC) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year

Here's Why Sharc International Systems (CSE:SHRC) Can Afford Some Debt

First quarter 2021 earnings released: CA$0.01 loss per share (vs CA$0.019 loss in 1Q 2020)

Full year 2020 earnings released: CA$0.051 loss per share (vs CA$0.085 loss in FY 2019)

Independent Director recently bought CA$112k worth of stock

New 90-day high: CA$0.51

Sharc International Systems Inc. announced that it has received CAD 0.45 million in funding

SHARC International Systems Inc. Announces Colorado Project to Capture Energy in Wastewater Resulting in Significant GHG-Reduction

New 90-day high: CA$0.42

Sharc International Systems Inc. announced that it has received CAD 3.0003 million in funding

Third quarter 2020 earnings released: CA$0.017 loss per share

Sharc International Systems Inc. announced that it expects to receive CAD 3 million in funding

Third quarter 2020 earnings released: CA$0.017 loss per share

SHARC International Systems Inc. Supports King County and Seattle Pioneering Wastewater Energy Recovery

New 90-day high: CA$0.37

New 90-day high: CA$0.34

Sharc International Systems Inc. Completes the Three-Month Demonstration Project of the Incubatenergy© Labs 2020 Startup Services Agreement

New 90-day high - CA$0.33

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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