YourWay Cannabis Brands Balance Sheet Health
Financial Health criteria checks 5/6
YourWay Cannabis Brands has a total shareholder equity of $16.2M and total debt of $56.6K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are $27.9M and $11.7M respectively. YourWay Cannabis Brands's EBIT is $6.1M making its interest coverage ratio 17. It has cash and short-term investments of $7.7M.
Key information
0.4%
Debt to equity ratio
US$56.57k
Debt
| Interest coverage ratio | 17x |
| Cash | US$7.66m |
| Equity | US$16.16m |
| Total liabilities | US$11.75m |
| Total assets | US$27.91m |
Financial Position Analysis
Short Term Liabilities: YOUR's short term assets ($18.6M) exceed its short term liabilities ($7.0M).
Long Term Liabilities: YOUR's short term assets ($18.6M) exceed its long term liabilities ($4.8M).
Debt to Equity History and Analysis
Debt Level: YOUR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if YOUR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: YOUR's debt is well covered by operating cash flow (4624.4%).
Interest Coverage: YOUR's interest payments on its debt are well covered by EBIT (17x coverage).