Cann Group Balance Sheet Health
Financial Health criteria checks 3/6
Cann Group has a total shareholder equity of A$13.9M and total debt of A$71.9M, which brings its debt-to-equity ratio to 516.6%. Its total assets and total liabilities are A$92.8M and A$78.9M respectively.
Key information
516.6%
Debt to equity ratio
AU$71.92m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.64m |
| Equity | AU$13.92m |
| Total liabilities | AU$78.85m |
| Total assets | AU$92.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAN's short term assets (A$16.3M) do not cover its short term liabilities (A$78.2M).
Long Term Liabilities: CAN's short term assets (A$16.3M) exceed its long term liabilities (A$605.0K).
Debt to Equity History and Analysis
Debt Level: CAN's net debt to equity ratio (504.8%) is considered high.
Reducing Debt: CAN's debt to equity ratio has increased from 0% to 516.6% 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: CAN has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CAN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.