Auxly Cannabis Group Balance Sheet Health
Financial Health criteria checks 5/6
Auxly Cannabis Group has a total shareholder equity of CA$111.5M and total debt of CA$57.3M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are CA$264.2M and CA$152.8M respectively.
Key information
51.4%
Debt to equity ratio
CA$57.26m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$19.10m |
| Equity | CA$111.45m |
| Total liabilities | CA$152.77m |
| Total assets | CA$264.22m |
Recent financial health updates
Is Auxly Cannabis Group (TSE:XLY) A Risky Investment?
Oct 02
Does Auxly Cannabis Group (TSE:XLY) Have A Healthy Balance Sheet?
Apr 27Does Auxly Cannabis Group (TSE:XLY) Have A Healthy Balance Sheet?
Oct 17Is Auxly Cannabis Group (TSE:XLY) Using Debt In A Risky Way?
Jul 14Health Check: How Prudently Does Auxly Cannabis Group (TSE:XLY) Use Debt?
Jul 21Recent updates
Investors Still Aren't Entirely Convinced By Auxly Cannabis Group Inc.'s (TSE:XLY) Revenues Despite 43% Price Jump
Nov 03Is Auxly Cannabis Group (TSE:XLY) A Risky Investment?
Oct 02Auxly Cannabis Group Inc.'s (TSE:XLY) Shares Leap 60% Yet They're Still Not Telling The Full Story
Aug 09Market Cool On Auxly Cannabis Group Inc.'s (TSE:XLY) Revenues Pushing Shares 40% Lower
Jun 19Does Auxly Cannabis Group (TSE:XLY) Have A Healthy Balance Sheet?
Apr 27A Piece Of The Puzzle Missing From Auxly Cannabis Group Inc.'s (TSE:XLY) 33% Share Price Climb
Mar 21Auxly Cannabis Group Inc. (TSE:XLY) Stock Rockets 33% But Many Are Still Ignoring The Company
Feb 03Take Care Before Jumping Onto Auxly Cannabis Group Inc. (TSE:XLY) Even Though It's 38% Cheaper
Dec 19Does Auxly Cannabis Group (TSE:XLY) Have A Healthy Balance Sheet?
Oct 17Is Auxly Cannabis Group (TSE:XLY) Using Debt In A Risky Way?
Jul 14Auxly Cannabis Group Inc. (TSE:XLY) Could Be Riskier Than It Looks
Apr 17The Consensus EPS Estimates For Auxly Cannabis Group Inc. (TSE:XLY) Just Fell Dramatically
Aug 11Health Check: How Prudently Does Auxly Cannabis Group (TSE:XLY) Use Debt?
Jul 21Growth Investors: Industry Analysts Just Upgraded Their Auxly Cannabis Group Inc. (TSE:XLY) Revenue Forecasts By 8.2%
Aug 18Auxly Cannabis Group Inc. (TSE:XLY) Just Reported And Analysts Have Been Cutting Their Estimates
Apr 29Breakeven On The Horizon For Auxly Cannabis Group Inc. (CVE:XLY)
Mar 24A Look At Auxly Cannabis Group's (CVE:XLY) Share Price Returns
Jan 28
Financial Position Analysis
Short Term Liabilities: XLY's short term assets (CA$76.9M) do not cover its short term liabilities (CA$90.2M).
Long Term Liabilities: XLY's short term assets (CA$76.9M) exceed its long term liabilities (CA$62.6M).
Debt to Equity History and Analysis
Debt Level: XLY's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: XLY's debt to equity ratio has reduced from 60.7% to 51.4% 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 XLY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: XLY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40% per year.