SugarBud Craft Growers Balance Sheet Health
Financial Health criteria checks 1/6
SugarBud Craft Growers has a total shareholder equity of CA$5.8M and total debt of CA$7.9M, which brings its debt-to-equity ratio to 137.3%. Its total assets and total liabilities are CA$18.6M and CA$12.9M respectively.
Key information
137.3%
Debt to equity ratio
CA$7.91m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.14k |
| Equity | CA$5.76m |
| Total liabilities | CA$12.85m |
| Total assets | CA$18.62m |
Financial Position Analysis
Short Term Liabilities: SUGR.H's short term assets (CA$5.5M) do not cover its short term liabilities (CA$12.0M).
Long Term Liabilities: SUGR.H's short term assets (CA$5.5M) exceed its long term liabilities (CA$838.0K).
Debt to Equity History and Analysis
Debt Level: SUGR.H's net debt to equity ratio (137.2%) is considered high.
Reducing Debt: SUGR.H's debt to equity ratio has increased from 69.2% to 137.3% 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: SUGR.H has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SUGR.H has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.8% each year