Charles & Colvard Balance Sheet Health
Financial Health criteria checks 3/6
Charles & Colvard has a total shareholder equity of $30.9M and total debt of $500.0K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are $41.0M and $10.0M respectively.
Key information
1.6%
Debt to equity ratio
US$500.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.69m |
| Equity | US$30.93m |
| Total liabilities | US$10.04m |
| Total assets | US$40.96m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDR0's short term assets ($21.3M) exceed its short term liabilities ($8.6M).
Long Term Liabilities: CDR0's short term assets ($21.3M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: CDR0 has more cash than its total debt.
Reducing Debt: CDR0's debt to equity ratio has increased from 0% to 1.6% 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: CDR0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CDR0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21% each year