Aurora Cannabis Balance Sheet Health
Financial Health criteria checks 5/6
Aurora Cannabis has a total shareholder equity of CA$583.0M and total debt of CA$57.5M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CA$808.8M and CA$225.8M respectively.
Key information
9.9%
Debt to equity ratio
CA$57.51m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$84.92m |
| Equity | CA$582.97m |
| Total liabilities | CA$225.80m |
| Total assets | CA$808.77m |
Recent financial health updates
Is Aurora Cannabis (TSE:ACB) Using Too Much Debt?
Sep 12
Is Aurora Cannabis (TSE:ACB) Using Debt Sensibly?
Jan 15Does Aurora Cannabis (TSE:ACB) Have A Healthy Balance Sheet?
Sep 22Aurora Cannabis (TSE:ACB) Is Carrying A Fair Bit Of Debt
Apr 21Recent updates
Aurora Cannabis Inc.'s (TSE:ACB) Share Price Is Still Matching Investor Opinion Despite 29% Slump
Nov 22It's Unlikely That Aurora Cannabis Inc.'s (TSE:ACB) CEO Will See A Huge Pay Rise This Year
Aug 02Aurora Cannabis Inc.'s (TSE:ACB) Share Price Is Still Matching Investor Opinion Despite 29% Slump
Jun 27Why Aurora Cannabis' (TSE:ACB) Earnings Are Weaker Than They Seem
Feb 15Is Aurora Cannabis (TSE:ACB) Using Too Much Debt?
Sep 12Investors Holding Back On Aurora Cannabis Inc. (TSE:ACB)
Jun 13Is Aurora Cannabis (TSE:ACB) Using Debt Sensibly?
Jan 15Downgrade: Here's How Analysts See Aurora Cannabis Inc. (TSE:ACB) Performing In The Near Term
Nov 13Does Aurora Cannabis (TSE:ACB) Have A Healthy Balance Sheet?
Sep 22Aurora Cannabis (TSE:ACB) Is Carrying A Fair Bit Of Debt
Apr 21Financial Position Analysis
Short Term Liabilities: ACB's short term assets (CA$417.7M) exceed its short term liabilities (CA$109.1M).
Long Term Liabilities: ACB's short term assets (CA$417.7M) exceed its long term liabilities (CA$116.7M).
Debt to Equity History and Analysis
Debt Level: ACB has more cash than its total debt.
Reducing Debt: ACB's debt to equity ratio has reduced from 15.7% to 9.9% 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: ACB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ACB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.