Aurora Cannabis Inc.

NasdaqCM:ACB Stock Report

Market Cap: US$244.0m

Aurora Cannabis Balance Sheet Health

Financial Health criteria checks 5/6

Aurora Cannabis has a total shareholder equity of CA$583.0M and total debt of CA$57.5M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CA$808.8M and CA$225.8M respectively.

Key information

9.9%

Debt to equity ratio

CA$57.51m

Debt

Interest coverage ration/a
CashCA$84.92m
EquityCA$582.97m
Total liabilitiesCA$225.80m
Total assetsCA$808.77m

Recent financial health updates

No updates

Recent updates

Aurora Cannabis: Revving Up To Profitability

Aug 08

Aurora launches new cannabis products for adult and medical-use

Oct 17

Aurora Cannabis further strengthens its balance sheet by repurchasing ~US$23M of convertible notes

Oct 07

Aurora Cannabis Q4 2022 Earnings Preview

Sep 19

Aurora Cannabis: Don't Let Your Money Go Up In Smoke

Aug 25

Why Did Aurora Cannabis Stock Crash In May; Can It Recover?

Jun 13

Recent Developments Do Not Change Our Stance On Aurora Cannabis

May 13

Aurora Cannabis: A Train Wreck Desperate For Help

May 05

Aurora Cannabis: The Fallen Pot Giant That Still Can't Find Its Way

Feb 17

Aurora Cannabis Vs. HEXO: Which Is The Better Cannabis Stock?

Dec 17

Tilray Vs. Aurora Cannabis: How To Compare These Cannabis Stocks

Oct 11

Aurora Cannabis: Investors Should Have No Confidence In This Company

Sep 28

Is Aurora Cannabis Stock A Buy Or Sell Before Upcoming Earnings? Buy The U.S. Opportunity

Sep 16

Aurora Cannabis Is A Pass For Now, Although We Are Bullish On The Industry

Jun 05

Aurora Cannabis: Extreme Downside Case Averted

Feb 02

Financial Position Analysis

Short Term Liabilities: ACB's short term assets (CA$417.7M) exceed its short term liabilities (CA$109.1M).

Long Term Liabilities: ACB's short term assets (CA$417.7M) exceed its long term liabilities (CA$116.7M).


Debt to Equity History and Analysis

Debt Level: ACB has more cash than its total debt.

Reducing Debt: ACB's debt to equity ratio has reduced from 15.7% to 9.9% 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: ACB has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ACB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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