Cann American Balance Sheet Health
Financial Health criteria checks 0/6
Cann American has a total shareholder equity of $-2.8M and total debt of $359.5K, which brings its debt-to-equity ratio to -12.8%. Its total assets and total liabilities are $65.2K and $2.9M respectively.
Key information
-12.8%
Debt to equity ratio
US$359.47k
Debt
Interest coverage ratio | n/a |
Cash | US$48.39k |
Equity | -US$2.81m |
Total liabilities | US$2.88m |
Total assets | US$65.19k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNNA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CNNA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CNNA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CNNA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CNNA's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: Insufficient data to determine if CNNA's interest payments on its debt are well covered by EBIT.