Trulieve Cannabis Balance Sheet Health
Financial Health criteria checks 4/6
Trulieve Cannabis has a total shareholder equity of $1.4B and total debt of $485.2M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are $2.7B and $1.3B respectively. Trulieve Cannabis's EBIT is $92.6M making its interest coverage ratio 1.2. It has cash and short-term investments of $201.4M.
Key information
34.4%
Debt to equity ratio
US$485.17m
Debt
Interest coverage ratio | 1.2x |
Cash | US$201.37m |
Equity | US$1.41b |
Total liabilities | US$1.32b |
Total assets | US$2.73b |
Recent financial health updates
Is Trulieve Cannabis (CSE:TRUL) A Risky Investment?
Feb 15These 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 16Is Trulieve Cannabis (CSE:TRUL) Using Too Much Debt?
Apr 07Recent updates
Is 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 16With EPS Growth And More, Trulieve Cannabis (CSE:TRUL) Is Interesting
Jun 08Is Trulieve Cannabis (CSE:TRUL) Using Too Much Debt?
Apr 07Did Trulieve Cannabis Corp. (CSE:TRUL) Insiders Sell Shares?
Mar 03Is Trulieve Cannabis Corp. (CSE:TRUL) Trading At A 48% Discount?
Feb 16Financial Position Analysis
Short Term Liabilities: TRUL's short term assets ($477.3M) exceed its short term liabilities ($114.8M).
Long Term Liabilities: TRUL's short term assets ($477.3M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: TRUL's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: TRUL's debt to equity ratio has increased from 19.3% to 34.4% 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, even with free cash flow being positive and shrinking by 21.9% per year.