Change Financial Balance Sheet Health
Financial Health criteria checks 5/6
Change Financial has a total shareholder equity of $5.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $12.9M and $7.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.59m |
| Equity | US$5.88m |
| Total liabilities | US$7.07m |
| Total assets | US$12.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNGF.F's short term assets ($5.4M) do not cover its short term liabilities ($6.0M).
Long Term Liabilities: CNGF.F's short term assets ($5.4M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: CNGF.F is debt free.
Reducing Debt: CNGF.F has no debt compared to 5 years ago when its debt to equity ratio was 347.5%.
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: CNGF.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CNGF.F has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 20.4% each year.