Leef Brands Balance Sheet Health
Financial Health criteria checks 1/6
Leef Brands has a total shareholder equity of $-1.9M and total debt of $21.5M, which brings its debt-to-equity ratio to -1151.7%. Its total assets and total liabilities are $44.4M and $46.2M respectively.
Key information
-1,151.7%
Debt to equity ratio
US$21.49m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.54m |
| Equity | -US$1.87m |
| Total liabilities | US$46.25m |
| Total assets | US$44.38m |
Recent financial health updates
Recent updates
Take Care Before Jumping Onto Leef Brands Inc. (CSE:LEEF) Even Though It's 33% Cheaper
Apr 18
Health Check: How Prudently Does Leef Brands (CSE:LEEF) Use Debt?
Feb 11Market Cool On Leef Brands Inc.'s (CSE:LEEF) Revenues Pushing Shares 50% Lower
Dec 20Leef Brands Inc. (CSE:LEEF) Might Not Be As Mispriced As It Looks After Plunging 33%
Aug 18Icanic Brands' (CSE:ICAN) Robust Earnings Are Not All Good News For Shareholders
Apr 08If You Had Bought Icanic Brands (CSE:ICAN) Stock A Year Ago, You Could Pocket A 403% Gain Today
Dec 15
Financial Position Analysis
Short Term Liabilities: LEEF has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LEEF has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LEEF has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LEEF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: LEEF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LEEF has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 27.5% each year.