Converge Technology Solutions Corp. CTSDF OTC

Converge Technology Solutions Corp. (CTSDF) reported total assets of $2.19B and total liabilities of $1.83B for quarter ending 2024-12-31, resulting in total equity of $358.74M.

The company held $142.46M in cash and short-term investments. Total debt stood at $256.1M, with net debt of $113.65M. The Debt-to-Equity (D/E) ratio was 0.71 (moderate).

Current ratio is 0.93, which may signal tight short-term liquidity. Interest coverage is 2.9x (weak).

Criteria supported by this page:

• HEALTH (17/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (47/100) — Total assets $2.19B and equity $358.74M support the company's competitive scale
• VALUE (100/100) — Debt-to-Equity 0.71 contributes to the overall valuation risk assessment

Overall SharesGrow Score: 48/100 with 1/7 criteria passed.