Cannasouth Balance Sheet Health
Financial Health criteria checks 3/6
Cannasouth has a total shareholder equity of NZ$48.3M and total debt of NZ$2.9M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are NZ$55.5M and NZ$7.1M respectively.
Key information
5.9%
Debt to equity ratio
NZ$2.87m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$2.26m |
| Equity | NZ$48.34m |
| Total liabilities | NZ$7.11m |
| Total assets | NZ$55.45m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CBD's short term assets (NZ$5.1M) exceed its short term liabilities (NZ$2.7M).
Long Term Liabilities: CBD's short term assets (NZ$5.1M) exceed its long term liabilities (NZ$4.4M).
Debt to Equity History and Analysis
Debt Level: CBD's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CBD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CBD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CBD's interest payments on its debt are well covered by EBIT.