Greenway Greenhouse Cannabis Balance Sheet Health
Financial Health criteria checks 2/6
Greenway Greenhouse Cannabis has a total shareholder equity of CA$13.2M and total debt of CA$7.3M, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are CA$34.8M and CA$21.5M respectively.
Key information
55.4%
Debt to equity ratio
CA$7.34m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.35m |
| Equity | CA$13.25m |
| Total liabilities | CA$21.54m |
| Total assets | CA$34.79m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GWAY's short term assets (CA$5.9M) exceed its short term liabilities (CA$5.8M).
Long Term Liabilities: GWAY's short term assets (CA$5.9M) do not cover its long term liabilities (CA$15.7M).
Debt to Equity History and Analysis
Debt Level: GWAY's net debt to equity ratio (37.6%) is considered satisfactory.
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 10.7% each year.