CHAR Technologies Balance Sheet Health
Financial Health criteria checks 4/6
CHAR Technologies has a total shareholder equity of CA$5.1M and total debt of CA$2.5M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are CA$17.0M and CA$12.0M respectively.
Key information
49.6%
Debt to equity ratio
CA$2.51m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.65m |
| Equity | CA$5.06m |
| Total liabilities | CA$11.98m |
| Total assets | CA$17.05m |
Financial Position Analysis
Short Term Liabilities: YES's short term assets (CA$5.6M) exceed its short term liabilities (CA$2.9M).
Long Term Liabilities: YES's short term assets (CA$5.6M) do not cover its long term liabilities (CA$9.1M).
Debt to Equity History and Analysis
Debt Level: YES has more cash than its total debt.
Reducing Debt: YES's debt to equity ratio has increased from 34% to 49.6% 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 4 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 3 months based on free cash flow estimates, but has since raised additional capital.