Green Thumb Industries Balance Sheet Health
Financial Health criteria checks 4/6
Green Thumb Industries has a total shareholder equity of $1.8B and total debt of $309.7M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are $2.5B and $786.6M respectively. Green Thumb Industries's EBIT is $229.5M making its interest coverage ratio 12.7. It has cash and short-term investments of $196.1M.
Key information
17.7%
Debt to equity ratio
US$309.74m
Debt
| Interest coverage ratio | 12.7x |
| Cash | US$196.14m |
| Equity | US$1.75b |
| Total liabilities | US$786.60m |
| Total assets | US$2.54b |
Recent financial health updates
Does Green Thumb Industries (CSE:GTII) Have A Healthy Balance Sheet?
Feb 29
Is Green Thumb Industries (CSE:GTII) Using Too Much Debt?
Aug 31Green Thumb Industries (CSE:GTII) Takes On Some Risk With Its Use Of Debt
May 28These 4 Measures Indicate That Green Thumb Industries (CSE:GTII) Is Using Debt Reasonably Well
Feb 27Green Thumb Industries (CSE:GTII) Seems To Use Debt Quite Sensibly
Nov 27Is Green Thumb Industries (CSE:GTII) Using Too Much Debt?
Aug 09Recent updates
Green Thumb Industries Inc. Just Recorded A 174% EPS Beat: Here's What Analysts Are Forecasting Next
May 11Green Thumb Industries Inc. (CSE:GTII) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Apr 12Green Thumb Industries Inc.'s (CSE:GTII) Intrinsic Value Is Potentially 53% Above Its Share Price
Mar 28Does Green Thumb Industries (CSE:GTII) Have A Healthy Balance Sheet?
Feb 29Subdued Growth No Barrier To Green Thumb Industries Inc.'s (CSE:GTII) Price
Dec 19Is Green Thumb Industries (CSE:GTII) Using Too Much Debt?
Aug 31Green Thumb Industries (CSE:GTII) Takes On Some Risk With Its Use Of Debt
May 28These 4 Measures Indicate That Green Thumb Industries (CSE:GTII) Is Using Debt Reasonably Well
Feb 27With EPS Growth And More, Green Thumb Industries (CSE:GTII) Makes An Interesting Case
Feb 05Green Thumb Industries (CSE:GTII) Seems To Use Debt Quite Sensibly
Nov 27If EPS Growth Is Important To You, Green Thumb Industries (CSE:GTII) Presents An Opportunity
Oct 17Is Green Thumb Industries (CSE:GTII) Using Too Much Debt?
Aug 09With EPS Growth And More, Green Thumb Industries (CSE:GTII) Makes An Interesting Case
Jul 19Does Green Thumb Industries (CSE:GTII) Have A Healthy Balance Sheet?
Apr 23Earnings Tell The Story For Green Thumb Industries Inc. (CSE:GTII)
Mar 03Green Thumb Industries (CSE:GTII) Has A Pretty Healthy Balance Sheet
Dec 24These 4 Measures Indicate That Green Thumb Industries (CSE:GTII) Is Using Debt Reasonably Well
Sep 18Here's Why Green Thumb Industries Inc.'s (CSE:GTII) CEO May Deserve A Raise
Jun 21We Think That There Are Issues Underlying Green Thumb Industries' (CSE:GTII) Earnings
Mar 25Results: Green Thumb Industries Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 20Calculating The Intrinsic Value Of Green Thumb Industries Inc. (CSE:GTII)
Mar 08Financial Position Analysis
Short Term Liabilities: GTII's short term assets ($403.8M) exceed its short term liabilities ($370.6M).
Long Term Liabilities: GTII's short term assets ($403.8M) do not cover its long term liabilities ($416.0M).
Debt to Equity History and Analysis
Debt Level: GTII's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: GTII's debt to equity ratio has increased from 11.7% to 17.7% over the past 5 years.
Debt Coverage: GTII's debt is well covered by operating cash flow (76.2%).
Interest Coverage: GTII's interest payments on its debt are well covered by EBIT (12.7x coverage).