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 ratio | n/a |
Cash | CA$84.92m |
Equity | CA$582.97m |
Total liabilities | CA$225.80m |
Total assets | CA$808.77m |
Recent financial health updates
No updates
Recent updates
Aurora Cannabis: Revving Up To Profitability
Aug 08Aurora launches new cannabis products for adult and medical-use
Oct 17Aurora Cannabis further strengthens its balance sheet by repurchasing ~US$23M of convertible notes
Oct 07Aurora Cannabis Q4 2022 Earnings Preview
Sep 19Aurora Cannabis: Don't Let Your Money Go Up In Smoke
Aug 25Why Did Aurora Cannabis Stock Crash In May; Can It Recover?
Jun 13Recent Developments Do Not Change Our Stance On Aurora Cannabis
May 13Aurora Cannabis: A Train Wreck Desperate For Help
May 05Aurora Cannabis: The Fallen Pot Giant That Still Can't Find Its Way
Feb 17Aurora Cannabis Vs. HEXO: Which Is The Better Cannabis Stock?
Dec 17Tilray Vs. Aurora Cannabis: How To Compare These Cannabis Stocks
Oct 11Aurora Cannabis: Investors Should Have No Confidence In This Company
Sep 28Is Aurora Cannabis Stock A Buy Or Sell Before Upcoming Earnings? Buy The U.S. Opportunity
Sep 16Aurora Cannabis Is A Pass For Now, Although We Are Bullish On The Industry
Jun 05Aurora Cannabis: Extreme Downside Case Averted
Feb 02Financial 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.