Trulieve Cannabis Balance Sheet Health
Financial Health criteria checks 4/6
Trulieve Cannabis has a total shareholder equity of $1.3B and total debt of $483.1M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are $2.9B and $1.6B respectively. Trulieve Cannabis's EBIT is $122.4M making its interest coverage ratio 2.2. It has cash and short-term investments of $317.8M.
Key information
36.9%
Debt to equity ratio
US$483.05m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$317.85m |
| Equity | US$1.31b |
| Total liabilities | US$1.57b |
| Total assets | US$2.87b |
Recent financial health updates
Is Trulieve Cannabis (CSE:TRUL) A Risky Investment?
Feb 15
These 4 Measures Indicate That Trulieve Cannabis (CSE:TRUL) Is Using Debt Extensively
Jan 26Does Trulieve Cannabis (CSE:TRUL) Have A Healthy Balance Sheet?
Aug 07These 4 Measures Indicate That Trulieve Cannabis (CSE:TRUL) Is Using Debt Reasonably Well
Mar 21Is Trulieve Cannabis (CSE:TRUL) Using Too Much Debt?
Aug 16Recent updates
Are Investors Undervaluing Trulieve Cannabis Corp. (CSE:TRUL) By 47%?
Sep 04Trulieve Cannabis Corp.'s (CSE:TRUL) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jun 15Trulieve Cannabis Corp.'s (CSE:TRUL) CEO Will Probably Struggle To See A Pay Rise This Year
Jun 06Are Investors Undervaluing Trulieve Cannabis Corp. (CSE:TRUL) By 38%?
May 01Revenues Not Telling The Story For Trulieve Cannabis Corp. (CSE:TRUL) After Shares Rise 26%
Mar 31Is Trulieve Cannabis (CSE:TRUL) A Risky Investment?
Feb 15There's Reason For Concern Over Trulieve Cannabis Corp.'s (CSE:TRUL) Massive 29% Price Jump
Jan 16Calculating The Intrinsic Value Of Trulieve Cannabis Corp. (CSE:TRUL)
Mar 06These 4 Measures Indicate That Trulieve Cannabis (CSE:TRUL) Is Using Debt Extensively
Jan 26Does Trulieve Cannabis (CSE:TRUL) Have A Healthy Balance Sheet?
Aug 07Are Trulieve Cannabis Corp. (CSE:TRUL) Investors Paying Above The Intrinsic Value?
Jul 03These 4 Measures Indicate That Trulieve Cannabis (CSE:TRUL) Is Using Debt Reasonably Well
Mar 21Is Trulieve Cannabis (CSE:TRUL) Using Too Much Debt?
Aug 16Financial Position Analysis
Short Term Liabilities: TRUL's short term assets ($603.0M) exceed its short term liabilities ($136.7M).
Long Term Liabilities: TRUL's short term assets ($603.0M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: TRUL's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: TRUL's debt to equity ratio has increased from 33.2% to 36.9% 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: Whilst unprofitable TRUL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TRUL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.6% per year.