Givex Balance Sheet Health
Financial Health criteria checks 6/6
Givex has a total shareholder equity of CA$45.5M and total debt of CA$4.7M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are CA$70.5M and CA$25.0M respectively. Givex's EBIT is CA$426.0K making its interest coverage ratio 1.4. It has cash and short-term investments of CA$23.9M.
Key information
10.4%
Debt to equity ratio
CA$4.74m
Debt
| Interest coverage ratio | 1.4x |
| Cash | CA$23.92m |
| Equity | CA$45.48m |
| Total liabilities | CA$24.99m |
| Total assets | CA$70.48m |
Recent financial health updates
No updates
Recent updates
Givex Corp. (TSE:GIVX) Held Back By Insufficient Growth Even After Shares Climb 28%
Mar 23
Investors Aren't Buying Givex Corp.'s (TSE:GIVX) Revenues
Dec 22Calculating The Intrinsic Value Of Givex Information Technology Group Limited (TSE:GIVX)
Aug 14Givex Information Technology Group Limited (TSE:GIVX) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Mar 01Financial Position Analysis
Short Term Liabilities: GIVX's short term assets (CA$43.7M) exceed its short term liabilities (CA$18.6M).
Long Term Liabilities: GIVX's short term assets (CA$43.7M) exceed its long term liabilities (CA$6.4M).
Debt to Equity History and Analysis
Debt Level: GIVX has more cash than its total debt.
Reducing Debt: GIVX's debt to equity ratio has reduced from 12% to 10.4% 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: Whilst unprofitable GIVX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GIVX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.6% per year.