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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 ration/a
CashCA$2.45m
EquityCA$37.97m
Total liabilitiesCA$7.45m
Total assetsCA$45.42m

Recent financial health updates

Recent updates

Is VIVO Cannabis (TSE:VIVO) Using Debt Sensibly?

Jan 25
Is VIVO Cannabis (TSE:VIVO) Using Debt Sensibly?

Is VIVO Cannabis (TSE:VIVO) Weighed On By Its Debt Load?

Sep 21
Is VIVO Cannabis (TSE:VIVO) Weighed On By Its Debt Load?

Is VIVO Cannabis (TSE:VIVO) A Risky Investment?

Jan 22
Is VIVO Cannabis (TSE:VIVO) A Risky Investment?

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.


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