Greenway Greenhouse Cannabis Balance Sheet Health
Financial Health criteria checks 0/6
Greenway Greenhouse Cannabis has a total shareholder equity of CA$11.4M and total debt of CA$7.4M, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are CA$32.7M and CA$21.3M respectively.
Key information
64.8%
Debt to equity ratio
CA$7.40m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.57m |
| Equity | CA$11.43m |
| Total liabilities | CA$21.27m |
| Total assets | CA$32.70m |
Financial Position Analysis
Short Term Liabilities: GWAY's short term assets (CA$4.7M) do not cover its short term liabilities (CA$5.7M).
Long Term Liabilities: GWAY's short term assets (CA$4.7M) do not cover its long term liabilities (CA$15.6M).
Debt to Equity History and Analysis
Debt Level: GWAY's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: Insufficient data to determine if GWAY'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: GWAY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GWAY has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.8% each year.