Auxly Cannabis Group Balance Sheet Health
Financial Health criteria checks 5/6
Auxly Cannabis Group has a total shareholder equity of CA$111.5M and total debt of CA$57.3M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are CA$264.2M and CA$152.8M respectively.
Key information
51.4%
Debt to equity ratio
CA$57.26m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$19.10m |
| Equity | CA$111.45m |
| Total liabilities | CA$152.77m |
| Total assets | CA$264.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3KF's short term assets (CA$76.9M) do not cover its short term liabilities (CA$90.2M).
Long Term Liabilities: 3KF's short term assets (CA$76.9M) exceed its long term liabilities (CA$62.6M).
Debt to Equity History and Analysis
Debt Level: 3KF's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: 3KF's debt to equity ratio has reduced from 60.7% to 51.4% 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 3KF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3KF is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40% per year.