cbdMD Balance Sheet Health
Financial Health criteria checks 5/6
cbdMD has a total shareholder equity of $3.1M and total debt of $2.7M, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are $14.6M and $11.5M respectively.
Key information
87.5%
Debt to equity ratio
US$2.70m
Debt
Interest coverage ratio | n/a |
Cash | US$2.11m |
Equity | US$3.09m |
Total liabilities | US$11.46m |
Total assets | US$14.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YCBD.PRA's short term assets ($7.4M) exceed its short term liabilities ($6.9M).
Long Term Liabilities: YCBD.PRA's short term assets ($7.4M) exceed its long term liabilities ($4.5M).
Debt to Equity History and Analysis
Debt Level: YCBD.PRA's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: YCBD.PRA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: YCBD.PRA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: YCBD.PRA has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.7% each year.