Trulieve Cannabis Balance Sheet Health
Financial Health criteria checks 4/6
Trulieve Cannabis has a total shareholder equity of $1.3B and total debt of $483.1M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are $2.9B and $1.6B respectively. Trulieve Cannabis's EBIT is $122.4M making its interest coverage ratio 2.2. It has cash and short-term investments of $317.8M.
Key information
36.9%
Debt to equity ratio
US$483.05m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$317.85m |
| Equity | US$1.31b |
| Total liabilities | US$1.57b |
| Total assets | US$2.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T0A's short term assets ($603.0M) exceed its short term liabilities ($136.7M).
Long Term Liabilities: T0A's short term assets ($603.0M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: T0A's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: T0A's debt to equity ratio has increased from 33.2% to 36.9% 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 T0A has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: T0A is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:39 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Trulieve Cannabis Corp. is covered by 26 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aaron Grey | Alliance Global Partners |
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| Kenric Tyghe | ATB Capital Markets |