BevCanna Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
BevCanna Enterprises has a total shareholder equity of CA$1.8M and total debt of CA$6.1M, which brings its debt-to-equity ratio to 347.4%. Its total assets and total liabilities are CA$20.3M and CA$18.6M respectively.
Key information
347.4%
Debt to equity ratio
CA$6.09m
Debt
Interest coverage ratio | n/a |
Cash | CA$157.19k |
Equity | CA$1.75m |
Total liabilities | CA$18.59m |
Total assets | CA$20.35m |
Recent financial health updates
Is BevCanna Enterprises (CSE:BEV) Weighed On By Its Debt Load?
Nov 17Is BevCanna Enterprises (CSE:BEV) Using Too Much Debt?
Dec 16Would BevCanna Enterprises (CSE:BEV) Be Better Off With Less Debt?
Aug 07Recent updates
This Is Why Shareholders May Want To Hold Back On A Pay Rise For BevCanna Enterprises Inc.'s (CSE:BEV) CEO
Dec 22Is BevCanna Enterprises (CSE:BEV) Weighed On By Its Debt Load?
Nov 17Is BevCanna Enterprises (CSE:BEV) Using Too Much Debt?
Dec 16Would BevCanna Enterprises (CSE:BEV) Be Better Off With Less Debt?
Aug 07Financial Position Analysis
Short Term Liabilities: BEV's short term assets (CA$1.9M) do not cover its short term liabilities (CA$18.4M).
Long Term Liabilities: BEV's short term assets (CA$1.9M) exceed its long term liabilities (CA$230.0K).
Debt to Equity History and Analysis
Debt Level: BEV's net debt to equity ratio (338.4%) is considered high.
Reducing Debt: BEV's debt to equity ratio has increased from 0% to 347.4% 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: Whilst unprofitable BEV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BEV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.5% per year.