Ascend Wellness Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ascend Wellness Holdings has a total shareholder equity of $88.9M and total debt of $304.6M, which brings its debt-to-equity ratio to 342.6%. Its total assets and total liabilities are $895.9M and $807.0M respectively.
Key information
342.6%
Debt to equity ratio
US$304.58m
Debt
| Interest coverage ratio | n/a |
| Cash | US$69.25m |
| Equity | US$88.91m |
| Total liabilities | US$806.96m |
| Total assets | US$895.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAWH's short term assets ($213.6M) exceed its short term liabilities ($145.1M).
Long Term Liabilities: AAWH's short term assets ($213.6M) do not cover its long term liabilities ($661.8M).
Debt to Equity History and Analysis
Debt Level: AAWH's net debt to equity ratio (264.7%) is considered high.
Reducing Debt: AAWH's debt to equity ratio has increased from 192% to 342.6% 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: Whilst unprofitable AAWH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AAWH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.7% per year.