Chams Financial Health

Short Term Liabilities: CHAMS's short term assets (NGN5.0B) do not cover its short term liabilities (NGN6.9B).

Long Term Liabilities: CHAMS's short term assets (NGN5.0B) exceed its long term liabilities (NGN1.3B).

Debt Level: CHAMS has more cash than its total debt.

Reducing Debt: CHAMS's debt to equity ratio has increased from 1.6% to 27.8% over the past 5 years.

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: CHAMS has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: CHAMS has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 26.3% each year.

• Healthy companies in the Software industry.