Cann Group Balance Sheet Health
Financial Health criteria checks 1/6
Cann Group has a total shareholder equity of A$50.3M and total debt of A$65.0M, which brings its debt-to-equity ratio to 129.2%. Its total assets and total liabilities are A$123.3M and A$73.0M respectively.
Key information
129.2%
Debt to equity ratio
AU$64.99m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.64m |
Equity | AU$50.31m |
Total liabilities | AU$73.00m |
Total assets | AU$123.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNGG.F's short term assets (A$18.7M) do not cover its short term liabilities (A$72.8M).
Long Term Liabilities: CNGG.F's short term assets (A$18.7M) exceed its long term liabilities (A$171.0K).
Debt to Equity History and Analysis
Debt Level: CNGG.F's net debt to equity ratio (125.9%) is considered high.
Reducing Debt: CNGG.F's debt to equity ratio has increased from 0% to 129.2% 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: CNGG.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CNGG.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.3% each year