Numinus Wellness Balance Sheet Health
Financial Health criteria checks 3/6
Numinus Wellness has a total shareholder equity of CA$4.6M and total debt of CA$1.6M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are CA$14.0M and CA$9.4M respectively.
Key information
35.4%
Debt to equity ratio
CA$1.64m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.70m |
| Equity | CA$4.63m |
| Total liabilities | CA$9.37m |
| Total assets | CA$14.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LR23's short term assets (CA$7.0M) exceed its short term liabilities (CA$5.0M).
Long Term Liabilities: LR23's short term assets (CA$7.0M) exceed its long term liabilities (CA$4.4M).
Debt to Equity History and Analysis
Debt Level: LR23 has more cash than its total debt.
Reducing Debt: LR23's debt to equity ratio has increased from 4.2% to 35.4% 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: LR23 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LR23 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.4% each year