CHAR Historical Balance Sheet

YES Stock  CAD 0.79  0.46  139.39%   
Trend analysis of CHAR Technologies balance sheet accounts such as Total Assets of 442.1 K, Total Current Liabilities of 114.4 K, Total Stockholder Equity of 288.2 K or Net Debt of 2.1 M provides information on CHAR Technologies' total assets, liabilities, and equity, which is the actual value of CHAR Technologies to its prevalent stockholders. By breaking down trends over time using CHAR Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining CHAR Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CHAR Technologies is a good buy for the upcoming year.

CHAR Technologies Inventory

265,401

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About CHAR Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of CHAR Technologies at a specified time, usually calculated after every quarter, six months, or one year. CHAR Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CHAR Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CHAR currently owns. An asset can also be divided into two categories, current and non-current.

CHAR Technologies Balance Sheet Chart

At this time, CHAR Technologies' Good Will is fairly stable compared to the past year. Non Current Liabilities Total is likely to climb to about 10.5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 114.4 K in 2024.

Total Assets

Total assets refers to the total amount of CHAR Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CHAR Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on CHAR Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CHAR Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents CHAR Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CHAR Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from CHAR Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into CHAR Technologies current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, CHAR Technologies' Good Will is fairly stable compared to the past year. Non Current Liabilities Total is likely to climb to about 10.5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 114.4 K in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities4.4M3.2M120.4K114.4K
Total Assets9.9M18.9M465.4K442.1K

CHAR Technologies balance sheet Correlations

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0.550.440.67-0.49-0.380.380.430.180.34-0.020.390.46-0.280.69-0.240.450.44-0.12-0.290.57-0.13-0.080.5-0.31-0.08
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0.130.350.160.08-0.160.14-0.28-0.09-0.320.30.050.030.11-0.020.990.160.010.60.580.210.58-0.090.070.49-0.1
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CHAR Technologies Account Relationship Matchups

CHAR Technologies balance sheet Accounts

201920202021202220232024 (projected)
Total Assets3.4M10.3M9.9M18.9M465.4K442.1K
Total Current Liabilities874.8K3.9M4.4M3.2M120.4K114.4K
Total Stockholder Equity1.3M5.5M4.7M6.9M303.4K288.2K
Net Debt172.4K(2.7M)426.4K1.7M2.0M2.1M
Retained Earnings(5.5M)(8.8M)(15.7M)(24.1M)(441.5K)(463.6K)
Accounts Payable209.6K333.5K807.6K1.4M50.7K48.2K
Cash129.1K3.0M460.5K2.1M347.4K330.0K
Cash And Short Term Investments129.1K3.0M460.5K6.1M7.0M7.4M
Net Receivables352.4K693.4K1.2M1.7M40.3K38.3K
Common Stock Shares Outstanding45.1M64.0M77.9M88.5M101.7M106.8M
Liabilities And Stockholders Equity3.4M10.3M9.9M18.9M21.7M22.8M
Total Liab2.1M4.8M5.3M11.9M162.0K153.9K
Total Current Assets658.4K4.2M2.2M8.3M396.5K376.6K
Accumulated Other Comprehensive Income511.1K2.6M5.1M7.0M8.1M8.5M
Short Term Debt41.6K50.7K662.5K126.9K41.6K39.5K
Net Tangible Assets(282.2K)952.9K770.3K260.7K234.6K222.9K
Intangible Assets672.9K3.9M3.3M786.3K42.7K40.5K
Property Plant Equipment1.1M1.5M3.8M23.2K26.7K25.4K
Other Current Liab98.7K3.0M2.4M1.1M1.2M934.4K
Other Liab1.5M905.2K622.4K610.1K549.1K716.7K
Property Plant And Equipment Net1.2M1.5M3.8M9.2M10.5M11.1M
Non Current Assets Total2.7M6.1M7.7M10.6M12.2M12.8M
Non Current Liabilities Total1.2M880.3K834.5K8.7M10.0M10.5M
Current Deferred Revenue525.0K506.9K596.1K598.3K538.4K472.2K
Net Invested Capital1.5M5.8M5.5M9.4M10.8M11.4M
Net Working Capital(216.5K)350.0K(2.2M)5.0M5.8M6.1M
Inventory114.6K270.2K323.6K312.5K359.4K265.4K
Other Current Assets62.2K283.4K229.5K196.2K176.6K239.9K

Pair Trading with CHAR Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CHAR Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CHAR Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with CHAR Stock

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The ability to find closely correlated positions to CHAR Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CHAR Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CHAR Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CHAR Technologies to buy it.
The correlation of CHAR Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CHAR Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CHAR Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CHAR Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for CHAR Stock Analysis

When running CHAR Technologies' price analysis, check to measure CHAR Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CHAR Technologies is operating at the current time. Most of CHAR Technologies' value examination focuses on studying past and present price action to predict the probability of CHAR Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHAR Technologies' price. Additionally, you may evaluate how the addition of CHAR Technologies to your portfolios can decrease your overall portfolio volatility.