Planet 13 Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Planet 13 Holdings has a total shareholder equity of $150.7M and total debt of $10.3M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are $243.0M and $92.3M respectively.
Key information
6.9%
Debt to equity ratio
US$10.33m
Debt
| Interest coverage ratio | n/a |
| Cash | US$27.41m |
| Equity | US$150.67m |
| Total liabilities | US$92.28m |
| Total assets | US$242.96m |
Recent financial health updates
Recent updates
Is Planet 13 Holdings (CSE:PLTH) A Risky Investment?
Nov 07
Planet 13 Holdings Inc. (CSE:PLTH) Stocks Shoot Up 26% But Its P/S Still Looks Reasonable
Aug 22The Market Lifts Planet 13 Holdings Inc. (CSE:PLTH) Shares 25% But It Can Do More
May 01Market Cool On Planet 13 Holdings Inc.'s (CSE:PLTH) Revenues Pushing Shares 26% Lower
Mar 17Revenues Tell The Story For Planet 13 Holdings Inc. (CSE:PLTH)
Jan 06Sentiment Still Eluding Planet 13 Holdings Inc. (CSE:PLTH)
Aug 17Revenue Downgrade: Here's What Analysts Forecast For Planet 13 Holdings Inc. (CSE:PLTH)
Nov 28We Think Shareholders Will Probably Be Generous With Planet 13 Holdings Inc.'s (CSE:PLTH) CEO Compensation
Jul 07Planet 13 Holdings Inc.'s (CSE:PLTH) Has Found A Path To Profitability
May 07The Planet 13 Holdings (CSE:PLTH) Share Price Has Soared 333%, Delighting Many Shareholders
Mar 03The Chief Financial Officer of Planet 13 Holdings Inc. (CSE:PLTH), Dennis Logan, Just Sold 33% Of Their Holding
Jan 09
Are Insiders Selling Planet 13 Holdings Inc. (CSE:PLTH) Stock?
Dec 23Earnings Update: Here's Why Analysts Just Lifted Their Planet 13 Holdings Inc. (CSE:PLTH) Price Target To US$5.56
Nov 27Financial Position Analysis
Short Term Liabilities: PLTH's short term assets ($58.2M) exceed its short term liabilities ($42.6M).
Long Term Liabilities: PLTH's short term assets ($58.2M) exceed its long term liabilities ($49.7M).
Debt to Equity History and Analysis
Debt Level: PLTH has more cash than its total debt.
Reducing Debt: PLTH's debt to equity ratio has increased from 2.1% to 6.9% 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: PLTH has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PLTH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.4% each year