Ascend Wellness Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ascend Wellness Holdings has a total shareholder equity of $142.9M and total debt of $307.0M, which brings its debt-to-equity ratio to 214.9%. Its total assets and total liabilities are $919.6M and $776.7M respectively.
Key information
214.9%
Debt to equity ratio
US$307.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$81.81m |
| Equity | US$142.87m |
| Total liabilities | US$776.68m |
| Total assets | US$919.55m |
Recent financial health updates
Recent updates
Positive Sentiment Still Eludes Ascend Wellness Holdings, Inc. (CSE:AAWH.U) Following 32% Share Price Slump
Mar 20
A Look At The Fair Value Of Ascend Wellness Holdings, Inc. (CSE:AAWH.U)
Mar 19Investors Still Aren't Entirely Convinced By Ascend Wellness Holdings, Inc.'s (CSE:AAWH.U) Revenues Despite 49% Price Jump
Feb 02Ascend Wellness Holdings (CSE:AAWH.U) Use Of Debt Could Be Considered Risky
Jan 24Ascend Wellness Holdings, Inc. (CSE:AAWH.U) Doing What It Can To Lift Shares
Dec 19Is There An Opportunity With Ascend Wellness Holdings, Inc.'s (CSE:AAWH.U) 37% Undervaluation?
Jul 08Ascend Wellness Holdings, Inc. (CSE:AAWH.U) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Apr 17Analysts Have Been Trimming Their Ascend Wellness Holdings, Inc. (CSE:AAWH.U) Price Target After Its Latest Report
Aug 18Are Investors Undervaluing Ascend Wellness Holdings, Inc. (CSE:AAWH.U) By 44%?
Jul 13Financial Position Analysis
Short Term Liabilities: AAWH.U's short term assets ($228.9M) exceed its short term liabilities ($92.7M).
Long Term Liabilities: AAWH.U's short term assets ($228.9M) do not cover its long term liabilities ($684.0M).
Debt to Equity History and Analysis
Debt Level: AAWH.U's net debt to equity ratio (157.6%) is considered high.
Reducing Debt: AAWH.U's debt to equity ratio has increased from 25.7% to 214.9% 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 AAWH.U has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AAWH.U is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.8% per year.