Grown Rogue International Balance Sheet Health
Financial Health criteria checks 5/6
Grown Rogue International has a total shareholder equity of $13.3M and total debt of $3.3M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are $29.6M and $16.3M respectively. Grown Rogue International's EBIT is $3.9M making its interest coverage ratio 2.2. It has cash and short-term investments of $6.8M.
Key information
24.9%
Debt to equity ratio
US$3.32m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$6.80m |
| Equity | US$13.33m |
| Total liabilities | US$16.28m |
| Total assets | US$29.62m |
Recent financial health updates
We Think Grown Rogue International (CSE:GRIN) Is Taking Some Risk With Its Debt
Oct 31
Grown Rogue International (CSE:GRIN) Has A Somewhat Strained Balance Sheet
Sep 17Does Grown Rogue International (CSE:GRIN) Have A Healthy Balance Sheet?
Jun 01Here's Why Grown Rogue International (CSE:GRIN) Has A Meaningful Debt Burden
Nov 10Recent updates
Investors Interested In Grown Rogue International Inc.'s (CSE:GRIN) Revenues
Oct 26Why We're Not Concerned About Grown Rogue International Inc.'s (CSE:GRIN) Share Price
Jul 01Here's Why Grown Rogue International (CSE:GRIN) Has Caught The Eye Of Investors
Feb 22What Grown Rogue International Inc.'s (CSE:GRIN) P/E Is Not Telling You
Jan 24We Think Grown Rogue International (CSE:GRIN) Is Taking Some Risk With Its Debt
Oct 31Grown Rogue International's (CSE:GRIN) Earnings Offer More Than Meets The Eye
Oct 05Do Grown Rogue International's (CSE:GRIN) Earnings Warrant Your Attention?
Aug 31Grown Rogue International (CSE:GRIN) Has A Somewhat Strained Balance Sheet
Sep 17Does Grown Rogue International (CSE:GRIN) Have A Healthy Balance Sheet?
Jun 01Here's Why Grown Rogue International (CSE:GRIN) Has A Meaningful Debt Burden
Nov 10President J. Strickler Just Bought 5.4% More Shares In Grown Rogue International Inc. (CSE:GRIN)
Feb 11Financial Position Analysis
Short Term Liabilities: GRIN's short term assets ($15.6M) exceed its short term liabilities ($11.8M).
Long Term Liabilities: GRIN's short term assets ($15.6M) exceed its long term liabilities ($4.5M).
Debt to Equity History and Analysis
Debt Level: GRIN has more cash than its total debt.
Reducing Debt: GRIN's debt to equity ratio has reduced from 66% to 24.9% over the past 5 years.
Debt Coverage: GRIN's debt is well covered by operating cash flow (41.7%).
Interest Coverage: GRIN's interest payments on its debt are not well covered by EBIT (2.2x coverage).