GrowGeneration Balance Sheet Health
Financial Health criteria checks 6/6
GrowGeneration has a total shareholder equity of $173.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $239.1M and $65.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$64.97m |
Equity | US$173.40m |
Total liabilities | US$65.70m |
Total assets | US$239.09m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRWG *'s short term assets ($147.5M) exceed its short term liabilities ($30.9M).
Long Term Liabilities: GRWG *'s short term assets ($147.5M) exceed its long term liabilities ($34.8M).
Debt to Equity History and Analysis
Debt Level: GRWG * is debt free.
Reducing Debt: GRWG * has no debt compared to 5 years ago when its debt to equity ratio was 9.5%.
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: GRWG * has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GRWG * has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 2% each year.