CHAR Technologies Balance Sheet Health
Financial Health criteria checks 2/6
CHAR Technologies has a total shareholder equity of CA$2.4M and total debt of CA$2.5M, which brings its debt-to-equity ratio to 106.6%. Its total assets and total liabilities are CA$16.8M and CA$14.4M respectively.
Key information
106.6%
Debt to equity ratio
CA$2.54m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.29m |
| Equity | CA$2.38m |
| Total liabilities | CA$14.44m |
| Total assets | CA$16.83m |
Financial Position Analysis
Short Term Liabilities: YES's short term assets (CA$3.1M) do not cover its short term liabilities (CA$5.3M).
Long Term Liabilities: YES's short term assets (CA$3.1M) do not cover its long term liabilities (CA$9.1M).
Debt to Equity History and Analysis
Debt Level: YES's net debt to equity ratio (52.5%) is considered high.
Reducing Debt: YES's debt to equity ratio has increased from 0% to 106.6% over the past 5 years.
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: YES has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: YES is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.