Cannabist Company Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Cannabist Company Holdings has a total shareholder equity of $65.4M and total debt of $303.4M, which brings its debt-to-equity ratio to 464.2%. Its total assets and total liabilities are $823.1M and $757.8M respectively.
Key information
464.2%
Debt to equity ratio
US$303.38m
Debt
Interest coverage ratio | n/a |
Cash | US$36.91m |
Equity | US$65.35m |
Total liabilities | US$757.76m |
Total assets | US$823.11m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VW5's short term assets ($187.5M) exceed its short term liabilities ($160.0M).
Long Term Liabilities: VW5's short term assets ($187.5M) do not cover its long term liabilities ($597.7M).
Debt to Equity History and Analysis
Debt Level: VW5's net debt to equity ratio (407.7%) is considered high.
Reducing Debt: VW5's debt to equity ratio has increased from 2.4% to 464.2% 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: VW5 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: VW5 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.