Simply Better Brands Balance Sheet Health
Financial Health criteria checks 2/6
Simply Better Brands has a total shareholder equity of $-7.6M and total debt of $19.4M, which brings its debt-to-equity ratio to -254.4%. Its total assets and total liabilities are $19.5M and $27.2M respectively.
Key information
-254.4%
Debt to equity ratio
US$19.44m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.33m |
| Equity | -US$7.64m |
| Total liabilities | US$27.18m |
| Total assets | US$19.54m |
Recent financial health updates
Recent updates
Is Simply Better Brands (CVE:SBBC) Using Debt Sensibly?
Mar 29
Simply Better Brands Corp. (CVE:SBBC) Screens Well But There Might Be A Catch
Feb 02Further Upside For Simply Better Brands Corp. (CVE:SBBC) Shares Could Introduce Price Risks After 27% Bounce
Apr 17Calculating The Intrinsic Value Of PureK Holdings Corp. (CVE:PKAN)
Mar 10Financial Position Analysis
Short Term Liabilities: SBBC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SBBC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SBBC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SBBC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: SBBC has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SBBC is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.