Auxly Cannabis Group Balance Sheet Health
Financial Health criteria checks 3/6
Auxly Cannabis Group has a total shareholder equity of CA$104.1M and total debt of CA$66.1M, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are CA$260.1M and CA$156.0M respectively.
Key information
63.5%
Debt to equity ratio
CA$66.08m
Debt
Interest coverage ratio | n/a |
Cash | CA$13.80m |
Equity | CA$104.08m |
Total liabilities | CA$156.05m |
Total assets | CA$260.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBWT.F's short term assets (CA$65.8M) do not cover its short term liabilities (CA$92.5M).
Long Term Liabilities: CBWT.F's short term assets (CA$65.8M) exceed its long term liabilities (CA$63.6M).
Debt to Equity History and Analysis
Debt Level: CBWT.F's net debt to equity ratio (50.2%) is considered high.
Reducing Debt: CBWT.F's debt to equity ratio has increased from 29.9% to 63.5% 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: Whilst unprofitable CBWT.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CBWT.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.4% per year.