Cann Group Financial Health
How is Cann Group's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: CAN's short term assets (A$19.2M) exceed its short term liabilities (A$11.3M).
Long Term Liabilities: CAN's short term assets (A$19.2M) do not cover its long term liabilities (A$43.5M).
Debt to Equity History and Analysis
Debt Level: CAN's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: CAN's debt to equity ratio has increased from 0% to 55.2% over the past 5 years.
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: CAN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CAN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37% each year