Auxly Cannabis Group Balance Sheet Health
Financial Health criteria checks 2/6
Auxly Cannabis Group has a total shareholder equity of CA$51.0M and total debt of CA$142.7M, which brings its debt-to-equity ratio to 279.6%. Its total assets and total liabilities are CA$261.9M and CA$210.9M respectively.
Key information
279.6%
Debt to equity ratio
CA$142.74m
Debt
Interest coverage ratio | n/a |
Cash | CA$15.75m |
Equity | CA$51.05m |
Total liabilities | CA$210.86m |
Total assets | CA$261.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3KF's short term assets (CA$66.0M) do not cover its short term liabilities (CA$107.0M).
Long Term Liabilities: 3KF's short term assets (CA$66.0M) do not cover its long term liabilities (CA$103.9M).
Debt to Equity History and Analysis
Debt Level: 3KF's net debt to equity ratio (248.8%) is considered high.
Reducing Debt: 3KF's debt to equity ratio has increased from 29.1% to 279.6% 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 19.5% per year.