Ayr Wellness Balance Sheet Health
Financial Health criteria checks 2/6
Ayr Wellness has a total shareholder equity of $526.8M and total debt of $405.8M, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are $1.4B and $894.4M respectively.
Key information
77.0%
Debt to equity ratio
US$405.78m
Debt
| Interest coverage ratio | n/a |
| Cash | US$50.58m |
| Equity | US$526.77m |
| Total liabilities | US$894.43m |
| Total assets | US$1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AYRW.F's short term assets ($187.9M) exceed its short term liabilities ($117.9M).
Long Term Liabilities: AYRW.F's short term assets ($187.9M) do not cover its long term liabilities ($776.5M).
Debt to Equity History and Analysis
Debt Level: AYRW.F's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: AYRW.F's debt to equity ratio has increased from 26.7% to 77% 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: AYRW.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AYRW.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.