Charge Enterprises, Inc.

NasdaqGM:CRGE Stock Report

Mkt Cap: US$110.8m

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 ration/a
CashUS$64.27m
EquityUS$44.31m
Total liabilitiesUS$151.56m
Total assetsUS$195.86m

Recent financial health updates

Health Check: How Prudently Does Charge Enterprises (NASDAQ:CRGE) Use Debt?

Jan 31
Health Check: How Prudently Does Charge Enterprises (NASDAQ:CRGE) Use Debt?

Does Charge Enterprises (NASDAQ:CRGE) Have A Healthy Balance Sheet?

Sep 09
Does Charge Enterprises (NASDAQ:CRGE) Have A Healthy Balance Sheet?

Recent updates

Health Check: How Prudently Does Charge Enterprises (NASDAQ:CRGE) Use Debt?

Jan 31
Health Check: How Prudently Does Charge Enterprises (NASDAQ:CRGE) Use Debt?

Charge Enterprises: Rising Revenues But No Economies Of Scale

Oct 04

Charge Enterprises gains on being selected by City Parking for electric vehicle charging infrastructure buildouts throughout the New York city area

Sep 19

Does Charge Enterprises (NASDAQ:CRGE) Have A Healthy Balance Sheet?

Sep 09
Does Charge Enterprises (NASDAQ:CRGE) Have A Healthy Balance Sheet?

Charge Enterprises selected by Connected Kerb for pilot project

Aug 17

Charge Enterprises falls after short call from Peabody Street Research

Jun 30

Charge Enterprises Looks Overvalued Based On Fundamentals

May 18

Financial 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.


Discover healthy companies