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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 05:57 |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Ayr Wellness Inc. is covered by 14 analysts. 6 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 |
|---|---|
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| Kenric Tyghe | ATB Capital Markets |
| Russell Stanley | Beacon Securities Limited |