Canada Global (T.R) Balance Sheet Health
Financial Health criteria checks 6/6
Canada Global (T.R) has a total shareholder equity of ₪22.6M and total debt of ₪0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₪22.9M and ₪290.0K respectively.
Key information
0%
Debt to equity ratio
₪0
Debt
Interest coverage ratio | n/a |
Cash | ₪15.01m |
Equity | ₪22.60m |
Total liabilities | ₪290.00k |
Total assets | ₪22.89m |
Recent financial health updates
We're Not Worried About Canada Global (T.R)'s (TLV:CNGL) Cash Burn
Nov 05We Think Canada Global (T.R) (TLV:CNGL) Can Easily Afford To Drive Business Growth
Jul 23Aviv Arlon (TLV:AVLN) Takes On Some Risk With Its Use Of Debt
Dec 19Aviv Arlon (TLV:AVLN) Is Making Moderate Use Of Debt
Mar 29Recent updates
We're Not Worried About Canada Global (T.R)'s (TLV:CNGL) Cash Burn
Nov 05We Think Canada Global (T.R) (TLV:CNGL) Can Easily Afford To Drive Business Growth
Jul 23Aviv Arlon (TLV:AVLN) Takes On Some Risk With Its Use Of Debt
Dec 19Weak Statutory Earnings May Not Tell The Whole Story For Aviv Arlon (TLV:AVLN)
Apr 05Aviv Arlon (TLV:AVLN) Is Making Moderate Use Of Debt
Mar 29Financial Position Analysis
Short Term Liabilities: CNGL's short term assets (₪15.4M) exceed its short term liabilities (₪290.0K).
Long Term Liabilities: CNGL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CNGL is debt free.
Reducing Debt: CNGL has no debt compared to 5 years ago when its debt to equity ratio was 135.3%.
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: CNGL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CNGL has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 6.3% each year