Auxly Cannabis Group Balance Sheet Health
Financial Health criteria checks 3/6
Auxly Cannabis Group has a total shareholder equity of CA$106.3M and total debt of CA$64.5M, which brings its debt-to-equity ratio to 60.7%. Its total assets and total liabilities are CA$260.6M and CA$154.3M respectively.
Key information
60.7%
Debt to equity ratio
CA$64.54m
Debt
Interest coverage ratio | n/a |
Cash | CA$14.40m |
Equity | CA$106.30m |
Total liabilities | CA$154.32m |
Total assets | CA$260.62m |
Recent financial health updates
Is Auxly Cannabis Group (TSE:XLY) A Risky Investment?
Oct 02Does 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 28Financial Position Analysis
Short Term Liabilities: XLY's short term assets (CA$70.7M) do not cover its short term liabilities (CA$88.6M).
Long Term Liabilities: XLY's short term assets (CA$70.7M) exceed its long term liabilities (CA$65.7M).
Debt to Equity History and Analysis
Debt Level: XLY's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: XLY's debt to equity ratio has increased from 32.4% to 60.7% 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 33.3% per year.