Charge Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
Charge Enterprises has a total shareholder equity of $43.6M and total debt of $27.1M, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are $187.5M and $143.9M respectively.
Key information
62.3%
Debt to equity ratio
US$27.13m
Debt
| Interest coverage ratio | n/a |
| Cash | US$60.94m |
| Equity | US$43.57m |
| Total liabilities | US$143.95m |
| Total assets | US$187.52m |
Recent financial health updates
Recent updates
Analyst Forecasts Just Became More Bearish On Charge Enterprises, Inc. (NASDAQ:CRGE)
Nov 13
Analysts Have Been Trimming Their Charge Enterprises, Inc. (NASDAQ:CRGE) Price Target After Its Latest Report
Nov 11Health 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.Q's short term assets ($126.0M) do not cover its short term liabilities ($134.8M).
Long Term Liabilities: CRGE.Q's short term assets ($126.0M) exceed its long term liabilities ($9.2M).
Debt to Equity History and Analysis
Debt Level: CRGE.Q has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CRGE.Q'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.Q has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CRGE.Q is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/05/06 18:23 |
| End of Day Share Price | 2024/05/06 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Charge Enterprises, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amit Dayal | H.C. Wainwright & Co. |
| Tate Sullivan | Maxim Group |