Cansortium Balance Sheet Health
Financial Health criteria checks 2/6
Cansortium has a total shareholder equity of $5.8M and total debt of $67.6M, which brings its debt-to-equity ratio to 1174.6%. Its total assets and total liabilities are $184.6M and $178.9M respectively. Cansortium's EBIT is $19.7M making its interest coverage ratio 1. It has cash and short-term investments of $8.5M.
Key information
1,174.6%
Debt to equity ratio
US$67.55m
Debt
| Interest coverage ratio | 1x |
| Cash | US$8.48m |
| Equity | US$5.75m |
| Total liabilities | US$178.89m |
| Total assets | US$184.64m |
Recent financial health updates
Cansortium (CSE:TIUM.U) Seems To Be Using A Lot Of Debt
Oct 25
Is Cansortium (CSE:TIUM.U) Using Too Much Debt?
Nov 30Is Cansortium (CSE:TIUM.U) Using Debt Sensibly?
Sep 01Does Cansortium (CSE:TIUM.U) Have A Healthy Balance Sheet?
Jan 09Here's Why Cansortium (CSE:TIUM.U) Has A Meaningful Debt Burden
Sep 09Recent updates
Cansortium Inc. (CSE:TIUM.U) Stock's 38% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Nov 07Cansortium (CSE:TIUM.U) Seems To Be Using A Lot Of Debt
Oct 25Cansortium Inc. (CSE:TIUM.U) Soars 30% But It's A Story Of Risk Vs Reward
Sep 04Cansortium Inc.'s (CSE:TIUM.U) CEO Compensation Is Looking A Bit Stretched At The Moment
Aug 21Slammed 32% Cansortium Inc. (CSE:TIUM.U) Screens Well Here But There Might Be A Catch
Jul 11Cansortium Inc.'s (CSE:TIUM.U) Shares Not Telling The Full Story
Jan 15Is Cansortium (CSE:TIUM.U) Using Too Much Debt?
Nov 30Is Cansortium (CSE:TIUM.U) Using Debt Sensibly?
Sep 01Cansortium Inc. (CSE:TIUM.U) Looks Inexpensive After Falling 30% But Perhaps Not Attractive Enough
Jul 28An Intrinsic Calculation For Cansortium Inc. (CSE:TIUM.U) Suggests It's 26% Undervalued
Mar 08Does Cansortium (CSE:TIUM.U) Have A Healthy Balance Sheet?
Jan 09Here's Why Cansortium (CSE:TIUM.U) Has A Meaningful Debt Burden
Sep 09Financial Position Analysis
Short Term Liabilities: TIUM.U's short term assets ($29.0M) do not cover its short term liabilities ($111.6M).
Long Term Liabilities: TIUM.U's short term assets ($29.0M) do not cover its long term liabilities ($67.2M).
Debt to Equity History and Analysis
Debt Level: TIUM.U's net debt to equity ratio (1027.1%) is considered high.
Reducing Debt: TIUM.U's debt to equity ratio has increased from 30.8% to 1174.6% 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: Whilst unprofitable TIUM.U has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TIUM.U is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.6% per year.