Ascend Wellness Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ascend Wellness Holdings has a total shareholder equity of $135.8M and total debt of $308.9M, which brings its debt-to-equity ratio to 227.4%. Its total assets and total liabilities are $921.9M and $786.0M respectively.
Key information
227.4%
Debt to equity ratio
US$308.94m
Debt
Interest coverage ratio | n/a |
Cash | US$78.91m |
Equity | US$135.83m |
Total liabilities | US$786.03m |
Total assets | US$921.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAWH's short term assets ($232.0M) exceed its short term liabilities ($103.4M).
Long Term Liabilities: AAWH's short term assets ($232.0M) do not cover its long term liabilities ($682.6M).
Debt to Equity History and Analysis
Debt Level: AAWH's net debt to equity ratio (169.4%) is considered high.
Reducing Debt: AAWH's debt to equity ratio has increased from 88.4% to 227.4% 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 10.5% per year.