Ascend Wellness Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ascend Wellness Holdings has a total shareholder equity of $88.9M and total debt of $304.6M, which brings its debt-to-equity ratio to 342.6%. Its total assets and total liabilities are $895.9M and $807.0M respectively.
Key information
342.6%
Debt to equity ratio
US$304.58m
Debt
| Interest coverage ratio | n/a |
| Cash | US$69.25m |
| Equity | US$88.91m |
| Total liabilities | US$806.96m |
| Total assets | US$895.87m |
Recent financial health updates
Is Ascend Wellness Holdings (CSE:AAWH.U) Using Too Much Debt?
May 08
Ascend Wellness Holdings (CSE:AAWH.U) Use Of Debt Could Be Considered Risky
Jan 24Recent updates
Ascend Wellness Holdings, Inc. (CSE:AAWH.U) Might Not Be As Mispriced As It Looks After Plunging 35%
Dec 07Ascend Wellness Holdings, Inc. (CSE:AAWH.U) Doing What It Can To Lift Shares
Oct 23Slammed 27% Ascend Wellness Holdings, Inc. (CSE:AAWH.U) Screens Well Here But There Might Be A Catch
Jun 13Is Ascend Wellness Holdings (CSE:AAWH.U) Using Too Much Debt?
May 08Positive Sentiment Still Eludes Ascend Wellness Holdings, Inc. (CSE:AAWH.U) Following 32% Share Price Slump
Mar 20A 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 17Financial Position Analysis
Short Term Liabilities: AAWH.U's short term assets ($213.6M) exceed its short term liabilities ($145.1M).
Long Term Liabilities: AAWH.U's short term assets ($213.6M) do not cover its long term liabilities ($661.8M).
Debt to Equity History and Analysis
Debt Level: AAWH.U's net debt to equity ratio (264.7%) is considered high.
Reducing Debt: AAWH.U's debt to equity ratio has increased from 192% to 342.6% 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: 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 21.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 21:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ascend Wellness Holdings, Inc. is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenric Tyghe | ATB Capital Markets |
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| Russell Stanley | Beacon Securities Limited |