Flora Growth Balance Sheet Health
Financial Health criteria checks 3/6
Flora Growth has a total shareholder equity of $5.2M and total debt of $2.2M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are $29.3M and $24.1M respectively.
Key information
43.1%
Debt to equity ratio
US$2.24m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.21m |
| Equity | US$5.19m |
| Total liabilities | US$24.10m |
| Total assets | US$29.28m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7301's short term assets ($21.3M) exceed its short term liabilities ($20.9M).
Long Term Liabilities: 7301's short term assets ($21.3M) exceed its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: 7301 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 7301'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: 7301 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 7301 has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.9% each year.