Canopy Growth Balance Sheet Health
Financial Health criteria checks 3/6
Canopy Growth has a total shareholder equity of CA$532.9M and total debt of CA$560.9M, which brings its debt-to-equity ratio to 105.3%. Its total assets and total liabilities are CA$1.3B and CA$753.3M respectively.
Key information
105.3%
Debt to equity ratio
CA$560.95m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$196.92m |
| Equity | CA$532.92m |
| Total liabilities | CA$753.31m |
| Total assets | CA$1.29b |
Recent financial health updates
Is Canopy Growth (TSE:WEED) A Risky Investment?
Sep 17
Is Canopy Growth (TSE:WEED) Using Too Much Debt?
Mar 21Is Canopy Growth (TSE:WEED) Using Too Much Debt?
Dec 08Recent updates
Some Confidence Is Lacking In Canopy Growth Corporation (TSE:WEED) As Shares Slide 26%
Jun 15Canopy Growth Corporation's (TSE:WEED) 77% Share Price Surge Not Quite Adding Up
Apr 20More Unpleasant Surprises Could Be In Store For Canopy Growth Corporation's (TSE:WEED) Shares After Tumbling 28%
Feb 23Analysts Have Been Trimming Their Canopy Growth Corporation (TSE:WEED) Price Target After Its Latest Report
Feb 13Why We're Not Concerned Yet About Canopy Growth Corporation's (TSE:WEED) 42% Share Price Plunge
Dec 22Is Canopy Growth (TSE:WEED) A Risky Investment?
Sep 17With A 31% Price Drop For Canopy Growth Corporation (TSE:WEED) You'll Still Get What You Pay For
Apr 17Is Canopy Growth (TSE:WEED) Using Too Much Debt?
Mar 21Earnings Update: Canopy Growth Corporation (TSE:WEED) Just Reported And Analysts Are Trimming Their Forecasts
Feb 12Is Canopy Growth (TSE:WEED) Using Too Much Debt?
Dec 08Financial Position Analysis
Short Term Liabilities: WEED's short term assets (CA$357.8M) exceed its short term liabilities (CA$166.6M).
Long Term Liabilities: WEED's short term assets (CA$357.8M) do not cover its long term liabilities (CA$586.7M).
Debt to Equity History and Analysis
Debt Level: WEED's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: WEED's debt to equity ratio has increased from 13.8% to 105.3% 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: WEED has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: WEED has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 19.1% each year.