DanCann Pharma Balance Sheet Health
Financial Health criteria checks 6/6
DanCann Pharma has a total shareholder equity of DKK60.5M and total debt of DKK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are DKK64.6M and DKK4.1M respectively.
Key information
0%
Debt to equity ratio
kr.0
Debt
| Interest coverage ratio | n/a |
| Cash | kr.2.01m |
| Equity | kr.60.48m |
| Total liabilities | kr.4.14m |
| Total assets | kr.64.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DANCAN's short term assets (DKK4.7M) exceed its short term liabilities (DKK4.1M).
Long Term Liabilities: DANCAN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DANCAN is debt free.
Reducing Debt: DANCAN had no debt 5 years ago.
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: DANCAN has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DANCAN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.