Cann Global Balance Sheet Health
Financial Health criteria checks 6/6
Cann Global has a total shareholder equity of A$9.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$13.2M and A$3.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$9.24m |
Equity | AU$9.49m |
Total liabilities | AU$3.66m |
Total assets | AU$13.15m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CGB's short term assets (A$10.1M) exceed its short term liabilities (A$3.4M).
Long Term Liabilities: CGB's short term assets (A$10.1M) exceed its long term liabilities (A$234.3K).
Debt to Equity History and Analysis
Debt Level: CGB is debt free.
Reducing Debt: CGB has no debt compared to 5 years ago when its debt to equity ratio was 17.8%.
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: CGB has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CGB has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 6.2% each year