InnoCan Pharma Corporation

CNSX:INNO Stock Report

Market Cap: CA$46.4m

InnoCan Pharma Balance Sheet Health

Financial Health criteria checks 6/6

InnoCan Pharma has a total shareholder equity of $6.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $9.6M and $2.7M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$5.06m
EquityUS$6.94m
Total liabilitiesUS$2.65m
Total assetsUS$9.60m

Recent financial health updates

Recent updates

We're Hopeful That InnoCan Pharma (CSE:INNO) Will Use Its Cash Wisely

Aug 09
We're Hopeful That InnoCan Pharma (CSE:INNO) Will Use Its Cash Wisely

It's Probably Less Likely That InnoCan Pharma Corporation's (CSE:INNO) CEO Will See A Huge Pay Rise This Year

May 04
It's Probably Less Likely That InnoCan Pharma Corporation's (CSE:INNO) CEO Will See A Huge Pay Rise This Year

Is InnoCan Pharma (CSE:INNO) In A Good Position To Deliver On Growth Plans?

Dec 06
Is InnoCan Pharma (CSE:INNO) In A Good Position To Deliver On Growth Plans?

We Think InnoCan Pharma (CSE:INNO) Can Afford To Drive Business Growth

Aug 15
We Think InnoCan Pharma (CSE:INNO) Can Afford To Drive Business Growth

Companies Like InnoCan Pharma (CSE:INNO) Are In A Position To Invest In Growth

Apr 19
Companies Like InnoCan Pharma (CSE:INNO) Are In A Position To Invest In Growth

Is InnoCan Pharma (CSE:INNO) In A Good Position To Deliver On Growth Plans?

Jul 20
Is InnoCan Pharma (CSE:INNO) In A Good Position To Deliver On Growth Plans?

We Think InnoCan Pharma (CSE:INNO) Needs To Drive Business Growth Carefully

Apr 05
We Think InnoCan Pharma (CSE:INNO) Needs To Drive Business Growth Carefully

Financial Position Analysis

Short Term Liabilities: INNO's short term assets ($9.5M) exceed its short term liabilities ($2.7M).

Long Term Liabilities: INNO's short term assets ($9.5M) exceed its long term liabilities ($1,000.0).


Debt to Equity History and Analysis

Debt Level: INNO is debt free.

Reducing Debt: INNO has not had any debt for 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: INNO has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: INNO has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 4.5% each year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 12:38
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

InnoCan Pharma Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution