GrowGeneration Balance Sheet Health
Financial Health criteria checks 6/6
GrowGeneration has a total shareholder equity of $143.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $199.6M and $56.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$55.22m |
| Equity | US$143.17m |
| Total liabilities | US$56.47m |
| Total assets | US$199.64m |
Recent financial health updates
Recent updates
Investor Optimism Abounds GrowGeneration Corp. (NASDAQ:GRWG) But Growth Is Lacking
Jul 30
GrowGeneration Corp. (NASDAQ:GRWG) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Mar 26GrowGeneration Corp.'s (NASDAQ:GRWG) Share Price Not Quite Adding Up
Jan 15Analysts Are More Bearish On GrowGeneration Corp. (NASDAQ:GRWG) Than They Used To Be
Aug 11GrowGeneration Corp.'s (NASDAQ:GRWG) Intrinsic Value Is Potentially 30% Above Its Share Price
Jul 04GrowGeneration Corp. (NASDAQ:GRWG) Just Reported Earnings, And Analysts Cut Their Target Price
Nov 11Is There Any Hope For GrowGeneration? A Bear Turns Bullish After 90% Decline
Oct 20GrowGeneration to open hydroponic garden in Virginia, signs 2 new leases
Sep 20Cannabis Is Important, But GrowGeneration Is Not Just Smoke
Aug 26GrowGeneration CFO steps down, internal executive picked for role
Aug 12GrowGeneration Isn't Growing Stock Profits
Jul 27GrowGeneration: Gearing Up For A Strong 2023
Apr 20GrowGeneration Stock: Bullish Following The Selloff While Waiting For Green Shoots
Jan 28With A 30% Price Drop For GrowGeneration Corp. (NASDAQ:GRWG) You'll Still Get What You Pay For
Dec 02Jim Belushi's Mission From God; GrowGeneration Partnership (Podcast Transcript)
Oct 20Jim Belushi's Mission From God; GrowGeneration Partnership (Podcast)
Oct 13Why GrowGeneration Fell 40% After Earnings: What To Know
Oct 04Here's Why We Think GrowGeneration (NASDAQ:GRWG) Is Well Worth Watching
Sep 25GrowGeneration Corp.'s (NASDAQ:GRWG) Intrinsic Value Is Potentially 23% Below Its Share Price
Sep 07The Red Flags At GrowGeneration
Aug 10Returns On Capital Are Showing Encouraging Signs At GrowGeneration (NASDAQ:GRWG)
Aug 08GrowGeneration: Doesn't Only Help Grow Plants, But Your Potential Returns Too
Jul 11GrowGeneration expands in California with acquisition of The Harvest Company
May 26Financial Position Analysis
Short Term Liabilities: GRWG's short term assets ($122.6M) exceed its short term liabilities ($24.5M).
Long Term Liabilities: GRWG's short term assets ($122.6M) exceed its long term liabilities ($31.9M).
Debt to Equity History and Analysis
Debt Level: GRWG is debt free.
Reducing Debt: GRWG has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.
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: GRWG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GRWG has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 9.3% each year.