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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3.02	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	3.02	6.26	3.62	1.92	3.98	12.02
Cash Growth	-10.91%	72.74%	88.85%	-51.72%	-66.93%	1789.78%
Accounts Receivable	12.81	13.53	16.46	12.74	3.82	0.42
Other Receivables	0.03	0.23	0.25	0.19	0.07	0.29
Receivables	13.02	13.77	16.71	12.93	3.89	0.71
Inventory	44.16	48.71	45.42	34.66	10.29	5.02
Prepaid Expenses	1.21	0.86	1.66	1	0.64	0.92
Other Current Assets	3.16	1.89	2.36	6.13	1.08	0.89
Total Current Assets	64.57	71.48	69.77	56.63	19.86	19.55
Property, Plant & Equipment	59	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	0.59	0.39	0.18	1.1	1.15	1.44
Long-Term Accounts Receivable	-	0.06	0.16	0.26	0.35	-
Long-Term Deferred Charges	-	0.13	0.18	-	-	-
Other Long-Term Assets	4.39	2.93	3.78	2.15	0.58	0.38
Total Assets	128.55	142.99	140.88	125.93	88.73	88.55
Accounts Payable	39.17	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	5.82	5.82	6.01	7.45	-	-
Current Portion of Long-Term Debt	2.9	2.8	2.68	13.97	1.7	1.88
Current Portion of Leases	1.5	1.48	0.87	0.73	0.49	0.54
Other Current Liabilities	0.78	1.7	0.09	0.24	0.12	-
Total Current Liabilities	50.19	56.69	53.88	47.12	14.3	10.54
Long-Term Debt	30.19	32.35	35.05	24.06	37.09	32.72
Long-Term Leases	4.7	6.07	3.79	3.69	3.9	5.41
Other Long-Term Liabilities	0.93	1.69	0.95	0.33	-	-
Total Liabilities	86.01	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	16.44	12.62	11.82	9.01	-	-
Retained Earnings	-27.98	-24.18	-22.41	-17.95	-19.69	-10.48
Comprehensive Income & Other	-	3.68	4.27	6.25	10.01	8.17
Shareholders' Equity	42.54	46.2	47.21	50.74	33.43	39.89
Total Liabilities & Equity	128.55	142.99	140.88	125.93	88.73	88.55
Total Debt	45.11	48.52	48.39	49.9	43.19	40.55
Net Cash (Debt)	-42.09	-42.26	-44.77	-47.98	-39.22	-28.53
Net Cash Per Share	-0.10	-0.10	-0.11	-0.13	-0.11	-0.43
Filing Date Shares Outstanding	442.5	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	14.38	14.8	15.89	9.52	5.56	9.01
Book Value Per Share	0.10	0.11	0.12	0.13	0.10	0.12
Tangible Book Value	41.95	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

Updated Nov 21, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.