Glass House Brands Balance Sheet Health
Financial Health criteria checks 3/6
Glass House Brands has a total shareholder equity of $149.7M and total debt of $59.8M, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are $312.7M and $163.0M respectively. Glass House Brands's EBIT is $8.6M making its interest coverage ratio 0.9. It has cash and short-term investments of $32.1M.
Key information
39.9%
Debt to equity ratio
US$59.75m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$32.06m |
| Equity | US$149.73m |
| Total liabilities | US$163.00m |
| Total assets | US$312.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4KF0's short term assets ($67.3M) do not cover its short term liabilities ($82.2M).
Long Term Liabilities: 4KF0's short term assets ($67.3M) do not cover its long term liabilities ($80.8M).
Debt to Equity History and Analysis
Debt Level: 4KF0's net debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 4KF0's debt to equity ratio has reduced 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 4KF0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 4KF0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.4% per year.