Ayurcann Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Ayurcann Holdings has a total shareholder equity of CA$1.9M and total debt of CA$400.0K, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are CA$16.2M and CA$14.3M respectively.
Key information
21.0%
Debt to equity ratio
CA$400.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$2.92m |
Equity | CA$1.91m |
Total liabilities | CA$14.26m |
Total assets | CA$16.17m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AYUR's short term assets (CA$12.8M) do not cover its short term liabilities (CA$13.9M).
Long Term Liabilities: AYUR's short term assets (CA$12.8M) exceed its long term liabilities (CA$326.6K).
Debt to Equity History and Analysis
Debt Level: AYUR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AYUR's debt to equity ratio has reduced 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 AYUR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AYUR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.6% per year.