Charge Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
Charge Enterprises has a total shareholder equity of $44.3M and total debt of $26.1M, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are $195.9M and $151.6M respectively.
Key information
59.0%
Debt to equity ratio
US$26.14m
Debt
| Interest coverage ratio | n/a |
| Cash | US$64.27m |
| Equity | US$44.31m |
| Total liabilities | US$151.56m |
| Total assets | US$195.86m |
Recent financial health updates
Health Check: How Prudently Does Charge Enterprises (NASDAQ:CRGE) Use Debt?
Jan 31
Does Charge Enterprises (NASDAQ:CRGE) Have A Healthy Balance Sheet?
Sep 09Recent updates
Health Check: How Prudently Does Charge Enterprises (NASDAQ:CRGE) Use Debt?
Jan 31Charge Enterprises: Rising Revenues But No Economies Of Scale
Oct 04Charge Enterprises gains on being selected by City Parking for electric vehicle charging infrastructure buildouts throughout the New York city area
Sep 19Does Charge Enterprises (NASDAQ:CRGE) Have A Healthy Balance Sheet?
Sep 09Charge Enterprises selected by Connected Kerb for pilot project
Aug 17Charge Enterprises falls after short call from Peabody Street Research
Jun 30Charge Enterprises Looks Overvalued Based On Fundamentals
May 18Financial Position Analysis
Short Term Liabilities: CRGE's short term assets ($146.6M) do not cover its short term liabilities ($148.2M).
Long Term Liabilities: CRGE's short term assets ($146.6M) exceed its long term liabilities ($3.4M).
Debt to Equity History and Analysis
Debt Level: CRGE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CRGE's debt to equity ratio has reduced 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 CRGE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CRGE is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14% per year.