Numinus Wellness Balance Sheet Health
Financial Health criteria checks 4/6
Numinus Wellness has a total shareholder equity of CA$10.1M and total debt of CA$209.1K, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CA$19.3M and CA$9.2M respectively.
Key information
2.1%
Debt to equity ratio
CA$209.07k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.61m |
| Equity | CA$10.09m |
| Total liabilities | CA$9.19m |
| Total assets | CA$19.28m |
Recent financial health updates
No updates
Recent updates
Market Cool On Numinus Wellness Inc.'s (TSE:NUMI) Revenues Pushing Shares 30% Lower
Apr 17
Slammed 27% Numinus Wellness Inc. (TSE:NUMI) Screens Well Here But There Might Be A Catch
Feb 25After Leaping 30% Numinus Wellness Inc. (TSE:NUMI) Shares Are Not Flying Under The Radar
Jan 05Numinus Wellness Inc.'s (TSE:NUMI) Popularity With Investors Is Clear
Apr 17Financial Position Analysis
Short Term Liabilities: NUMI's short term assets (CA$10.7M) exceed its short term liabilities (CA$4.3M).
Long Term Liabilities: NUMI's short term assets (CA$10.7M) exceed its long term liabilities (CA$4.9M).
Debt to Equity History and Analysis
Debt Level: NUMI has more cash than its total debt.
Reducing Debt: NUMI's debt to equity ratio has reduced from 7.8% to 2.1% 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: NUMI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NUMI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.1% each year