AmeriCann Balance Sheet Health
Financial Health criteria checks 0/6
AmeriCann has a total shareholder equity of $4.9M and total debt of $5.1M, which brings its debt-to-equity ratio to 103.5%. Its total assets and total liabilities are $14.3M and $9.4M respectively.
Key information
103.5%
Debt to equity ratio
US$5.08m
Debt
| Interest coverage ratio | n/a |
| Cash | US$210.64k |
| Equity | US$4.91m |
| Total liabilities | US$9.41m |
| Total assets | US$14.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACAN's short term assets ($948.4K) do not cover its short term liabilities ($5.2M).
Long Term Liabilities: ACAN's short term assets ($948.4K) do not cover its long term liabilities ($4.2M).
Debt to Equity History and Analysis
Debt Level: ACAN's net debt to equity ratio (99.2%) is considered high.
Reducing Debt: ACAN's debt to equity ratio has increased from 33.8% to 103.5% 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: ACAN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ACAN has less than a year of cash runway if free cash flow continues to grow at historical rates of 50.5% each year.