Neptune Wellness Solutions Balance Sheet Health
Financial Health criteria checks 0/6
Neptune Wellness Solutions has a total shareholder equity of $-52.2M and total debt of $26.0M, which brings its debt-to-equity ratio to -49.8%. Its total assets and total liabilities are $23.0M and $75.2M respectively.
Key information
-49.8%
Debt to equity ratio
US$25.98m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.25m |
| Equity | -US$52.22m |
| Total liabilities | US$75.25m |
| Total assets | US$23.03m |
Recent financial health updates
Recent updates
Neptune Wellness Solutions to divest cannabis assets for C$5.15M
Oct 17Neptune Wellness launches $6M registered direct offering and concurrent private placement
Oct 06Neptune Wellness announces voluntary delisting from TSX
Jul 29Neptune Wellness Solutions GAAP EPS of -$17.50, revenue of $48.8M
Jul 08Neptune Wellness: New Valuation As The Stock Bounces Back From The Bottom
Mar 21Neptune Wellness Solutions trades higher on licensing agreement between Sprout Foods and CoComelon
Jun 09Neptune Wellness' cannabis brand PanHash now available in Quebec
May 27Neptune Wellness inks supply agreement with AGLC, expands Canadian footprint
Apr 28Financial Position Analysis
Short Term Liabilities: NEPT.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NEPT.F 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: NEPT.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NEPT.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: NEPT.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NEPT.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.9% each year