Ayr Wellness Balance Sheet Health
Financial Health criteria checks 2/6
Ayr Wellness has a total shareholder equity of $526.8M and total debt of $405.8M, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are $1.4B and $894.4M respectively.
Key information
77.0%
Debt to equity ratio
US$405.78m
Debt
| Interest coverage ratio | n/a |
| Cash | US$50.58m |
| Equity | US$526.77m |
| Total liabilities | US$894.43m |
| Total assets | US$1.42b |
Recent financial health updates
Ayr Wellness (CSE:AYR.A) Has Debt But No Earnings; Should You Worry?
Oct 23
Does Ayr Wellness (CSE:AYR.A) Have A Healthy Balance Sheet?
Jul 17Is Ayr Wellness (CSE:AYR.A) Using Debt Sensibly?
Oct 06Does Ayr Wellness (CSE:AYR.A) Have A Healthy Balance Sheet?
Jul 23Recent updates
Ayr Wellness Inc.'s (CSE:AYR.A) 29% Share Price Surge Not Quite Adding Up
Nov 03Ayr Wellness (CSE:AYR.A) Has Debt But No Earnings; Should You Worry?
Oct 23Ayr Wellness Inc. (CSE:AYR.A) Not Doing Enough For Some Investors As Its Shares Slump 28%
Aug 28Does Ayr Wellness (CSE:AYR.A) Have A Healthy Balance Sheet?
Jul 17Ayr Wellness Inc.'s (CSE:AYR.A) Shares Not Telling The Full Story
May 24Is Ayr Wellness Inc. (CSE:AYR.A) Worth CA$2.1 Based On Its Intrinsic Value?
Dec 22Is Ayr Wellness (CSE:AYR.A) Using Debt Sensibly?
Oct 06Ayr Wellness Inc.'s (CSE:AYR.A) Share Price Boosted 33% But Its Business Prospects Need A Lift Too
Sep 01Ayr Wellness Inc. (CSE:AYR.A) Stock Catapults 33% Though Its Price And Business Still Lag The Industry
Sep 01Is There An Opportunity With Ayr Wellness Inc.'s (CSE:AYR.A) 33% Undervaluation?
Jul 11What You Need To Know About The Ayr Wellness Inc. (CSE:AYR.A) Analyst Downgrade Today
Aug 19Does Ayr Wellness (CSE:AYR.A) Have A Healthy Balance Sheet?
Jul 23Financial Position Analysis
Short Term Liabilities: AYR.A's short term assets ($187.9M) exceed its short term liabilities ($117.9M).
Long Term Liabilities: AYR.A's short term assets ($187.9M) do not cover its long term liabilities ($776.5M).
Debt to Equity History and Analysis
Debt Level: AYR.A's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: AYR.A's debt to equity ratio has increased from 26.7% to 77% 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: AYR.A has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AYR.A has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.