Planet 13 Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Planet 13 Holdings has a total shareholder equity of $107.6M and total debt of $884.0K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are $151.7M and $44.1M respectively.
Key information
0.8%
Debt to equity ratio
US$884.00k
Debt
Interest coverage ratio | n/a |
Cash | US$11.83m |
Equity | US$107.64m |
Total liabilities | US$44.11m |
Total assets | US$151.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLNH's short term assets ($47.3M) exceed its short term liabilities ($15.3M).
Long Term Liabilities: PLNH's short term assets ($47.3M) exceed its long term liabilities ($28.8M).
Debt to Equity History and Analysis
Debt Level: PLNH has more cash than its total debt.
Reducing Debt: PLNH's debt to equity ratio has reduced from 2.3% to 0.8% 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: PLNH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PLNH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.3% each year