This company may still be operating, however this listing is no longer active. Find out why through their latest events.
Flowr Balance Sheet Health
Financial Health criteria checks 2/6
Key information
35.72%
Debt to equity ratio
CA$4.73m
Debt
Interest coverage ratio
n/a
Cash
CA$1.48m
Equity
CA$13.24m
Total liabilities
CA$15.30m
Total assets
CA$28.54m
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2VX's short term assets (CA$8.8M) exceed its short term liabilities (CA$6.3M).
Long Term Liabilities: 2VX's short term assets (CA$8.8M) do not cover its long term liabilities (CA$9.0M).
Debt to Equity History and Analysis
Debt Level: 2VX's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: 2VX's debt to equity ratio has increased from 0% to 35.7% 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: 2VX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2VX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.3% each year
Discover healthy companies
7D
1Y
7D
1Y
7D
1Y
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2023/01/15 15:57
End of Day Share Price
2022/10/18 00:00
Earnings
2022/09/30
Annual Earnings
2021/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Flowr Corporation is covered by 4 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.