Trees Balance Sheet Health
Financial Health criteria checks 0/6
Trees has a total shareholder equity of $148.2K and total debt of $15.1M, which brings its debt-to-equity ratio to 10196%. Its total assets and total liabilities are $23.2M and $23.1M respectively.
Key information
10,196.0%
Debt to equity ratio
US$15.11m
Debt
Interest coverage ratio | n/a |
Cash | US$969.68k |
Equity | US$148.16k |
Total liabilities | US$23.10m |
Total assets | US$23.25m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CANN's short term assets ($2.4M) do not cover its short term liabilities ($7.4M).
Long Term Liabilities: CANN's short term assets ($2.4M) do not cover its long term liabilities ($15.7M).
Debt to Equity History and Analysis
Debt Level: CANN's net debt to equity ratio (9541.5%) is considered high.
Reducing Debt: CANN's debt to equity ratio has increased from 115.9% to 10196% 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: CANN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CANN has less than a year of cash runway if free cash flow continues to grow at historical rates of 17.8% each year.