This company has been acquired
VIVO Cannabis Balance Sheet Health
Financial Health criteria checks 4/6
Key information
8.1%
Debt to equity ratio
CA$3.09m
Debt
Interest coverage ratio | n/a |
Cash | CA$2.45m |
Equity | CA$37.97m |
Total liabilities | CA$7.45m |
Total assets | CA$45.42m |
Financial Position Analysis
Short Term Liabilities: VIVO's short term assets (CA$17.0M) exceed its short term liabilities (CA$5.4M).
Long Term Liabilities: VIVO's short term assets (CA$17.0M) exceed its long term liabilities (CA$2.0M).
Debt to Equity History and Analysis
Debt Level: VIVO's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: VIVO's debt to equity ratio has reduced from 49.9% to 8.1% 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: VIVO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VIVO has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.2% each year.