Cannabist Company Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Cannabist Company Holdings has a total shareholder equity of $65.4M and total debt of $303.4M, which brings its debt-to-equity ratio to 464.2%. Its total assets and total liabilities are $823.1M and $757.8M respectively.
Key information
464.2%
Debt to equity ratio
US$303.38m
Debt
Interest coverage ratio | n/a |
Cash | US$36.91m |
Equity | US$65.35m |
Total liabilities | US$757.76m |
Total assets | US$823.11m |
Recent financial health updates
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Jan 24Is Columbia Care (CSE:CCHW) Using Debt Sensibly?
Oct 02Recent updates
What Does The Future Hold For Columbia Care Inc. (CSE:CCHW)? These Analysts Have Been Cutting Their Estimates
Mar 31Columbia Care (CSE:CCHW) Is Making Moderate Use Of Debt
Jan 24Is Columbia Care (CSE:CCHW) Using Debt Sensibly?
Oct 02Here's What Analysts Are Forecasting For Columbia Care Inc. (CSE:CCHW) After Its First-Quarter Results
May 19Financial Position Analysis
Short Term Liabilities: CBST's short term assets ($187.5M) exceed its short term liabilities ($160.0M).
Long Term Liabilities: CBST's short term assets ($187.5M) do not cover its long term liabilities ($597.7M).
Debt to Equity History and Analysis
Debt Level: CBST's net debt to equity ratio (407.7%) is considered high.
Reducing Debt: CBST's debt to equity ratio has increased from 2.4% to 464.2% 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: CBST has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CBST is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.