Medicine Man Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Medicine Man Technologies has a total shareholder equity of $119.3M and total debt of $156.8M, which brings its debt-to-equity ratio to 131.5%. Its total assets and total liabilities are $358.1M and $238.9M respectively. Medicine Man Technologies's EBIT is $5.1M making its interest coverage ratio 0.2. It has cash and short-term investments of $19.7M.
Key information
131.5%
Debt to equity ratio
US$156.81m
Debt
Interest coverage ratio | 0.2x |
Cash | US$19.71m |
Equity | US$119.29m |
Total liabilities | US$238.85m |
Total assets | US$358.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHWZ's short term assets ($53.7M) do not cover its short term liabilities ($55.5M).
Long Term Liabilities: SHWZ's short term assets ($53.7M) do not cover its long term liabilities ($183.4M).
Debt to Equity History and Analysis
Debt Level: SHWZ's net debt to equity ratio (114.9%) is considered high.
Reducing Debt: SHWZ's debt to equity ratio has increased from 0% to 131.5% 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 SHWZ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SHWZ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.3% per year.