Canada Global (T.R) Balance Sheet Health
Financial Health criteria checks 6/6
Canada Global (T.R) has a total shareholder equity of ₪23.6M and total debt of ₪0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₪23.9M and ₪372.0K respectively.
Key information
0%
Debt to equity ratio
₪0
Debt
| Interest coverage ratio | n/a |
| Cash | ₪17.13m |
| Equity | ₪23.56m |
| Total liabilities | ₪372.00k |
| Total assets | ₪23.93m |
Recent financial health updates
We Think Canada Global (T.R) (TLV:CNGL) Can Easily Afford To Drive Business Growth
Sep 06
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 Think Canada Global (T.R) (TLV:CNGL) Can Easily Afford To Drive Business Growth
Sep 06We'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 (₪17.2M) exceed its short term liabilities (₪372.0K).
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 142%.
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 1.4% each year