Akanda Balance Sheet Health
Financial Health criteria checks 5/6
Akanda has a total shareholder equity of $4.6M and total debt of $354.6K, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are $10.0M and $5.4M respectively.
Key information
7.8%
Debt to equity ratio
US$354.59k
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.01m |
| Equity | US$4.57m |
| Total liabilities | US$5.40m |
| Total assets | US$9.97m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y230's short term assets ($7.6M) exceed its short term liabilities ($5.4M).
Long Term Liabilities: Y230 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: Y230 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if Y230's debt to equity ratio has reduced 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: Y230 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Y230 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 0.1% each year.