Decibel Cannabis Company Inc. (TSXV:DB)

Decibel Cannabis Company Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7	3.48	2.97	1.92	3.82
Short-Term Investments	0.67	2.78	0.66	-	0.16
Cash & Short-Term Investments	7.67	6.26	3.62	1.92	3.98
Cash Growth	22.44%	72.74%	88.85%	-51.72%	-66.93%
Accounts Receivable	11.76	13.53	16.46	12.74	3.82
Other Receivables	0.09	0.23	0.25	0.19	0.07
Receivables	11.85	13.77	16.71	12.93	3.89
Inventory	41.8	48.71	45.42	34.66	10.29
Prepaid Expenses	1.69	0.86	1.66	1	0.64
Other Current Assets	1.54	1.89	2.36	6.13	1.08
Total Current Assets	64.54	71.48	69.77	56.63	19.86
Property, Plant & Equipment	80.65	63.73	62.54	61.53	62.29
Long-Term Investments	-	-	-	-	0.24
Goodwill	-	4.26	4.26	4.26	4.26
Other Intangible Assets	0.73	0.39	0.18	1.1	1.15
Long-Term Accounts Receivable	-	0.06	0.16	0.26	0.35
Long-Term Deferred Charges	0.26	0.13	0.18	-	-
Other Long-Term Assets	5.69	2.93	3.78	2.15	0.58
Total Assets	151.86	142.99	140.88	125.93	88.73
Accounts Payable	37.98	44.7	43.86	24.68	11.99
Accrued Expenses	0.22	0.19	0.37	0.04	-
Short-Term Debt	5.83	5.82	6.01	7.45	-
Current Portion of Long-Term Debt	2.94	2.8	2.68	13.97	1.7
Current Portion of Leases	1.88	1.48	0.87	0.73	0.49
Other Current Liabilities	0.22	1.7	0.09	0.24	0.12
Total Current Liabilities	49.06	56.69	53.88	47.12	14.3
Long-Term Debt	29.46	32.35	35.05	24.06	37.09
Long-Term Leases	8.22	6.07	3.79	3.69	3.9
Other Long-Term Liabilities	0.41	1.69	0.95	0.33	-
Total Liabilities	87.14	96.79	93.67	75.19	55.3
Common Stock	63.23	54.08	53.53	53.42	43.11
Additional Paid-In Capital	16.21	12.62	11.82	9.01	-
Retained Earnings	-14.72	-24.18	-22.41	-17.95	-19.69
Comprehensive Income & Other	-	3.68	4.27	6.25	10.01
Shareholders' Equity	64.72	46.2	47.21	50.74	33.43
Total Liabilities & Equity	151.86	142.99	140.88	125.93	88.73
Total Debt	48.32	48.52	48.39	49.9	43.19
Net Cash (Debt)	-40.66	-42.26	-44.77	-47.98	-39.22
Net Cash Per Share	-0.10	-0.10	-0.11	-0.13	-0.11
Filing Date Shares Outstanding	576.74	409	405	404	349.3
Total Common Shares Outstanding	576.74	409.04	404.65	404.03	348.49
Working Capital	15.48	14.8	15.89	9.52	5.56
Book Value Per Share	0.11	0.11	0.12	0.13	0.10
Tangible Book Value	63.99	41.54	42.77	45.38	28.02
Tangible Book Value Per Share	0.11	0.10	0.11	0.11	0.08
Land	3.8	3.8	3.8	3.8	3.8
Buildings	49.98	49.97	49.93	49.49	49.32
Machinery	16.23	10.78	10.66	8.35	6.58
Construction In Progress	10.59	3.36	2.54	0.65	-
Leasehold Improvements	6.89	2.98	2.97	2.97	2.92

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