This company has been acquired
Givex Balance Sheet Health
Financial Health criteria checks 6/6
Givex has a total shareholder equity of CA$45.5M and total debt of CA$4.7M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are CA$71.9M and CA$26.4M respectively. Givex's EBIT is CA$1.3M making its interest coverage ratio 8.4. It has cash and short-term investments of CA$24.5M.
Key information
10.4%
Debt to equity ratio
CA$4.74m
Debt
| Interest coverage ratio | 8.4x |
| Cash | CA$24.46m |
| Equity | CA$45.54m |
| Total liabilities | CA$26.36m |
| Total assets | CA$71.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GIVX.F's short term assets (CA$45.4M) exceed its short term liabilities (CA$20.7M).
Long Term Liabilities: GIVX.F's short term assets (CA$45.4M) exceed its long term liabilities (CA$5.7M).
Debt to Equity History and Analysis
Debt Level: GIVX.F has more cash than its total debt.
Reducing Debt: GIVX.F's debt to equity ratio has reduced from 17.4% to 10.4% 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: Whilst unprofitable GIVX.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GIVX.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.4% per year.