Red White & Bloom Brands Balance Sheet Health
Financial Health criteria checks 0/6
Red White & Bloom Brands has a total shareholder equity of CA$-2.7M and total debt of CA$228.1M, which brings its debt-to-equity ratio to -8564.6%. Its total assets and total liabilities are CA$325.8M and CA$328.5M respectively.
Key information
-8,564.6%
Debt to equity ratio
CA$228.13m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.65m |
| Equity | -CA$2.66m |
| Total liabilities | CA$328.49m |
| Total assets | CA$325.83m |
Recent financial health updates
Recent updates
Take Care Before Diving Into The Deep End On Red White & Bloom Brands Inc. (CSE:RWB)
Apr 19
Slammed 30% Red White & Bloom Brands Inc. (CSE:RWB) Screens Well Here But There Might Be A Catch
Dec 21Little Excitement Around Red White & Bloom Brands Inc.'s (CSE:RWB) Revenues As Shares Take 26% Pounding
Apr 17Lacklustre Performance Is Driving Red White & Bloom Brands Inc.'s (CSE:RWB) 26% Price Drop
Apr 17Red White & Bloom Brands' (CSE:RWB) Promising Earnings May Rest On Soft Foundations
Aug 10Is Red White & Bloom Brands (CSE:RWB) Using Debt In A Risky Way?
Sep 03Financial Position Analysis
Short Term Liabilities: RWB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RWB has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RWB has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RWB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: RWB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RWB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.3% each year