Ayr Wellness Balance Sheet Health
Financial Health criteria checks 3/6
Ayr Wellness has a total shareholder equity of $571.0M and total debt of $399.1M, which brings its debt-to-equity ratio to 69.9%. Its total assets and total liabilities are $1.4B and $865.4M respectively.
Key information
69.9%
Debt to equity ratio
US$399.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$47.48m |
| Equity | US$571.01m |
| Total liabilities | US$865.36m |
| Total assets | US$1.44b |
Recent financial health updates
Does Ayr Wellness (CSE:AYR.A) Have A Healthy Balance Sheet?
Jul 17
Is Ayr Wellness (CSE:AYR.A) Using Debt Sensibly?
Oct 06Does Ayr Wellness (CSE:AYR.A) Have A Healthy Balance Sheet?
Jul 23Recent updates
Does 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 ($189.0M) exceed its short term liabilities ($108.0M).
Long Term Liabilities: AYR.A's short term assets ($189.0M) do not cover its long term liabilities ($757.3M).
Debt to Equity History and Analysis
Debt Level: AYR.A's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: AYR.A's debt to equity ratio has increased from 36% to 69.9% 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: AYR.A has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AYR.A has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 25.3% each year