Ayurcann Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Ayurcann Holdings has a total shareholder equity of CA$534.9K and total debt of CA$164.8K, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are CA$14.9M and CA$14.3M respectively.
Key information
30.8%
Debt to equity ratio
CA$164.81k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$389.09k |
| Equity | CA$534.88k |
| Total liabilities | CA$14.32m |
| Total assets | CA$14.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AYUR.F's short term assets (CA$11.5M) do not cover its short term liabilities (CA$13.6M).
Long Term Liabilities: AYUR.F's short term assets (CA$11.5M) exceed its long term liabilities (CA$714.6K).
Debt to Equity History and Analysis
Debt Level: AYUR.F has more cash than its total debt.
Reducing Debt: AYUR.F's debt to equity ratio has increased from 0% to 30.8% 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: AYUR.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AYUR.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 46.4% each year.