Decibel Cannabis Company Inc. (TSXV: DB)

Decibel Cannabis Company Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2.4	3.48	2.97	1.92	3.82	11.65
Short-Term Investments	-	2.78	0.66	-	0.16	0.37
Cash & Short-Term Investments	2.4	6.26	3.62	1.92	3.98	12.02
Cash Growth	-28.58%	72.74%	88.85%	-51.72%	-66.93%	1789.78%
Accounts Receivable	12.74	13.53	16.46	12.74	3.82	0.42
Other Receivables	0.07	0.23	0.25	0.19	0.07	0.29
Receivables	12.98	13.77	16.71	12.93	3.89	0.71
Inventory	46.2	48.71	45.42	34.66	10.29	5.02
Prepaid Expenses	1.16	0.86	1.66	1	0.64	0.92
Other Current Assets	2.01	1.89	2.36	6.13	1.08	0.89
Total Current Assets	64.75	71.48	69.77	56.63	19.86	19.55
Property, Plant & Equipment	60.14	63.73	62.54	61.53	62.29	62.64
Long-Term Investments	-	-	-	-	0.24	0.29
Goodwill	-	4.26	4.26	4.26	4.26	4.26
Other Intangible Assets	0.64	0.39	0.18	1.1	1.15	1.44
Long-Term Accounts Receivable	0.02	0.06	0.16	0.26	0.35	-
Long-Term Deferred Charges	-	0.13	0.18	-	-	-
Other Long-Term Assets	5.25	2.93	3.78	2.15	0.58	0.38
Total Assets	130.8	142.99	140.88	125.93	88.73	88.55
Accounts Payable	40.39	44.7	43.86	24.68	11.99	4.01
Accrued Expenses	0.01	0.19	0.37	0.04	-	4.11
Short-Term Debt	5.84	5.82	6.01	7.45	-	-
Current Portion of Long-Term Debt	2.87	2.8	2.68	13.97	1.7	1.88
Current Portion of Leases	1.58	1.48	0.87	0.73	0.49	0.54
Other Current Liabilities	0.25	1.7	0.09	0.24	0.12	-
Total Current Liabilities	50.93	56.69	53.88	47.12	14.3	10.54
Long-Term Debt	30.92	32.35	35.05	24.06	37.09	32.72
Long-Term Leases	5.06	6.07	3.79	3.69	3.9	5.41
Other Long-Term Liabilities	0.82	1.69	0.95	0.33	-	-
Total Liabilities	87.73	96.79	93.67	75.19	55.3	48.66
Common Stock	54.08	54.08	53.53	53.42	43.11	42.2
Additional Paid-In Capital	12.71	12.62	11.82	9.01	-	-
Retained Earnings	-27.39	-24.18	-22.41	-17.95	-19.69	-10.48
Comprehensive Income & Other	3.68	3.68	4.27	6.25	10.01	8.17
Shareholders' Equity	43.08	46.2	47.21	50.74	33.43	39.89
Total Liabilities & Equity	130.8	142.99	140.88	125.93	88.73	88.55
Total Debt	46.26	48.52	48.39	49.9	43.19	40.55
Net Cash (Debt)	-43.85	-42.26	-44.77	-47.98	-39.22	-28.53
Net Cash Per Share	-0.11	-0.10	-0.11	-0.13	-0.11	-0.43
Filing Date Shares Outstanding	409	409	405	404	349.3	347.1
Total Common Shares Outstanding	409.04	409.04	404.65	404.03	348.49	343.57
Working Capital	13.82	14.8	15.89	9.52	5.56	9.01
Book Value Per Share	0.11	0.11	0.12	0.13	0.10	0.12
Tangible Book Value	42.43	41.54	42.77	45.38	28.02	34.19
Tangible Book Value Per Share	0.10	0.10	0.11	0.11	0.08	0.10
Land	-	3.8	3.8	3.8	3.8	3.8
Buildings	-	49.97	49.93	49.49	49.32	15.71
Machinery	-	10.78	10.66	8.35	6.58	5.56
Construction In Progress	-	3.36	2.54	0.65	-	31.04
Leasehold Improvements	-	2.98	2.97	2.97	2.92	2.52

Source: S&P Capital IQ. Standard template. Financial Sources.