Chalice Brands Balance Sheet Health
Financial Health criteria checks 2/6
Chalice Brands has a total shareholder equity of $16.8M and total debt of $5.1M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are $44.4M and $27.6M respectively.
Key information
30.4%
Debt to equity ratio
US$5.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$741.17k |
| Equity | US$16.79m |
| Total liabilities | US$27.58m |
| Total assets | US$44.37m |
Financial Position Analysis
Short Term Liabilities: CHAL's short term assets ($8.6M) do not cover its short term liabilities ($14.1M).
Long Term Liabilities: CHAL's short term assets ($8.6M) do not cover its long term liabilities ($13.5M).
Debt to Equity History and Analysis
Debt Level: CHAL's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: CHAL's debt to equity ratio has reduced from 147.5% to 30.4% 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: Insufficient data to determine if CHAL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CHAL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.