Planet 13 Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Planet 13 Holdings has a total shareholder equity of $150.7M and total debt of $10.3M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are $243.0M and $92.3M respectively.
Key information
6.9%
Debt to equity ratio
US$10.33m
Debt
| Interest coverage ratio | n/a |
| Cash | US$27.41m |
| Equity | US$150.67m |
| Total liabilities | US$92.28m |
| Total assets | US$242.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y7Q's short term assets ($58.2M) exceed its short term liabilities ($42.6M).
Long Term Liabilities: Y7Q's short term assets ($58.2M) exceed its long term liabilities ($49.7M).
Debt to Equity History and Analysis
Debt Level: Y7Q has more cash than its total debt.
Reducing Debt: Y7Q's debt to equity ratio has increased from 2.1% to 6.9% 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: Y7Q has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Y7Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.4% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 17:16 |
| End of Day Share Price | 2024/12/18 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Planet 13 Holdings Inc. is covered by 5 analysts. 1 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 |
|---|---|
| Doug Cooper | Beacon Securities Limited |
| Robert Burleson | Canaccord Genuity |
| Matt Bottomley | Canaccord Genuity |