Hempfusion Wellness Inc
TSX:CBD.U

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Hempfusion Wellness Inc Logo
Hempfusion Wellness Inc
TSX:CBD.U
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Price: 0.035 USD Market Closed
Market Cap: 4.1m USD

Bankruptcy Probability

Hempfusion Wellness Inc's probability of bankruptcy is 3.4%, pointing to a small but noticeable default risk. The solvency score is 48/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

A solvent company is one that owns more than it owes. Comparing the amount of cash and investments with existing debt gives an idea of the company's long-term financial health.

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0
Cash & ST Investments
+0%
Sep 30, 2021 5.4m
Jun 30, 2021 11.4m
Mar 31, 2021 17.1m
Dec 31, 2020 0
0
Long-Term Investments
+0%
Sep 30, 2021 0
Jun 30, 2021 0
Mar 31, 2021 0
Dec 31, 2020 0
0
Debt
+0%
Sep 30, 2021 644.9k
Jun 30, 2021 133k
Mar 31, 2021 150k
Dec 31, 2020 0

Interest Coverage

To determine how easily a company can pay interest on its outstanding debt, the Interest Coverage ratio is used. It represents how many times the company can pay its obligations using its operating income.

The lower the ratio, the more the company is burdened by debt expenses. When a company's interest coverage ratio is only 1.5 or lower, its ability to meet interest expenses may be questionable.

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All Solvency Ratios

Other solvency & liquidity ratios which help to assess the company’s capacity to stay afloat.

Is Hempfusion Wellness Inc at risk of bankruptcy?

Hempfusion Wellness Inc's probability of bankruptcy is 3.4%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Hempfusion Wellness Inc have?

As of the latest report, Hempfusion Wellness Inc has total debt of 644.9k USD. This includes both short-term (200k USD) and long-term (444.9k USD) debt.

You can find a full breakdown on its Balance Sheet.

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