American Cannabis Company Balance Sheet Health
Financial Health criteria checks 1/6
American Cannabis Company has a total shareholder equity of $1.4M and total debt of $710.2K, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are $4.2M and $2.8M respectively.
Key information
52.0%
Debt to equity ratio
US$710.20k
Debt
Interest coverage ratio | n/a |
Cash | US$8.89k |
Equity | US$1.37m |
Total liabilities | US$2.80m |
Total assets | US$4.17m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMMJ's short term assets ($803.3K) do not cover its short term liabilities ($2.1M).
Long Term Liabilities: AMMJ's short term assets ($803.3K) exceed its long term liabilities ($737.9K).
Debt to Equity History and Analysis
Debt Level: AMMJ's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: AMMJ's debt to equity ratio has increased from 0% to 52% 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: AMMJ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AMMJ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.6% each year