Cannabix Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Cannabix Technologies has a total shareholder equity of CA$3.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.1M and CA$214.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.73m |
| Equity | CA$3.93m |
| Total liabilities | CA$214.68k |
| Total assets | CA$4.14m |
Recent financial health updates
Here's Why We're Not Too Worried About Cannabix Technologies' (CSE:BLO) Cash Burn Situation
Apr 04
Cannabix Technologies (CSE:BLO) Is In A Strong Position To Grow Its Business
Sep 28Here's Why We're Not Too Worried About Cannabix Technologies' (CSE:BLO) Cash Burn Situation
Jun 14Cannabix Technologies (CSE:BLO) Is In A Strong Position To Grow Its Business
Jan 13Cannabix Technologies (CSE:BLO) Is In A Good Position To Deliver On Growth Plans
Sep 28We're Hopeful That Cannabix Technologies (CSE:BLO) Will Use Its Cash Wisely
Jun 15Recent updates
Here's Why We're Not Too Worried About Cannabix Technologies' (CSE:BLO) Cash Burn Situation
Apr 04Cannabix Technologies (CSE:BLO) Is In A Strong Position To Grow Its Business
Sep 28Here's Why We're Not Too Worried About Cannabix Technologies' (CSE:BLO) Cash Burn Situation
Jun 14Cannabix Technologies (CSE:BLO) Is In A Strong Position To Grow Its Business
Jan 13Cannabix Technologies (CSE:BLO) Is In A Good Position To Deliver On Growth Plans
Sep 28We're Hopeful That Cannabix Technologies (CSE:BLO) Will Use Its Cash Wisely
Jun 15We Think Cannabix Technologies (CSE:BLO) Can Easily Afford To Drive Business Growth
Mar 02We Think Cannabix Technologies (CSE:BLO) Can Easily Afford To Drive Business Growth
Nov 02We're Interested To See How Cannabix Technologies (CSE:BLO) Uses Its Cash Hoard To Grow
Jul 14Cannabix Technologies (CSE:BLO) Is In A Strong Position To Grow Its Business
Mar 31Companies Like Cannabix Technologies (CSE:BLO) Can Afford To Invest In Growth
Dec 16
Financial Position Analysis
Short Term Liabilities: BLO's short term assets (CA$3.8M) exceed its short term liabilities (CA$214.7K).
Long Term Liabilities: BLO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BLO is debt free.
Reducing Debt: BLO has not had any debt for 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: BLO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BLO has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 3.1% each year.