Curaleaf Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Curaleaf Holdings has a total shareholder equity of $1.1B and total debt of $563.3M, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are $3.1B and $2.0B respectively. Curaleaf Holdings's EBIT is $49.4M making its interest coverage ratio 0.5. It has cash and short-term investments of $89.4M.
Key information
50.9%
Debt to equity ratio
US$563.27m
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$89.39m |
| Equity | US$1.11b |
| Total liabilities | US$1.98b |
| Total assets | US$3.08b |
Recent financial health updates
These 4 Measures Indicate That Curaleaf Holdings (TSE:CURA) Is Using Debt Extensively
Jul 19
Does Curaleaf Holdings (CSE:CURA) Have A Healthy Balance Sheet?
Dec 11Is Curaleaf Holdings (CSE:CURA) Using Too Much Debt?
Sep 08Curaleaf Holdings (CSE:CURA) Has Debt But No Earnings; Should You Worry?
May 28We Think Curaleaf Holdings (CSE:CURA) Is Taking Some Risk With Its Debt
Sep 05Here's Why Curaleaf Holdings (CSE:CURA) Has A Meaningful Debt Burden
May 20Recent updates
Curaleaf Holdings, Inc. (TSE:CURA) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless
Aug 13These 4 Measures Indicate That Curaleaf Holdings (TSE:CURA) Is Using Debt Extensively
Jul 19Some Confidence Is Lacking In Curaleaf Holdings, Inc. (TSE:CURA) As Shares Slide 27%
Jun 14Subdued Growth No Barrier To Curaleaf Holdings, Inc. (TSE:CURA) With Shares Advancing 25%
Jan 19Does Curaleaf Holdings (CSE:CURA) Have A Healthy Balance Sheet?
Dec 11Is Curaleaf Holdings (CSE:CURA) Using Too Much Debt?
Sep 08Curaleaf Holdings (CSE:CURA) Has Debt But No Earnings; Should You Worry?
May 28We Think Curaleaf Holdings (CSE:CURA) Is Taking Some Risk With Its Debt
Sep 05Here's Why Curaleaf Holdings (CSE:CURA) Has A Meaningful Debt Burden
May 20Is Curaleaf Holdings (CSE:CURA) A Risky Investment?
Oct 26Loss-Making Curaleaf Holdings, Inc. (CSE:CURA) Set To Breakeven
Mar 20Financial Position Analysis
Short Term Liabilities: CURA's short term assets ($426.7M) exceed its short term liabilities ($392.5M).
Long Term Liabilities: CURA's short term assets ($426.7M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: CURA's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: CURA's debt to equity ratio has increased from 22.1% to 50.9% 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 CURA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CURA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.8% per year.