Decibel Historical Balance Sheet

DB Stock  CAD 0.06  0.01  7.69%   
Trend analysis of Decibel Cannabis balance sheet accounts such as Total Current Liabilities of 65.1 M or Total Stockholder Equity of 57 M provides information on Decibel Cannabis' total assets, liabilities, and equity, which is the actual value of Decibel Cannabis to its prevalent stockholders. By breaking down trends over time using Decibel Cannabis balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Decibel Cannabis latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Decibel Cannabis is a good buy for the upcoming year.

Decibel Cannabis Inventory

57.7 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Decibel Cannabis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Decibel Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Decibel Cannabis at a specified time, usually calculated after every quarter, six months, or one year. Decibel Cannabis Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Decibel Cannabis and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Decibel currently owns. An asset can also be divided into two categories, current and non-current.

Decibel Cannabis Balance Sheet Chart

At this time, Decibel Cannabis' Liabilities And Stockholders Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 7.7 M in 2024, whereas Cash is likely to drop slightly above 2.4 M in 2024.

Total Assets

Total assets refers to the total amount of Decibel Cannabis assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Decibel Cannabis books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Decibel Cannabis balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Decibel Cannabis are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Decibel Cannabis' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Decibel Cannabis current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Decibel Cannabis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Decibel Cannabis' Liabilities And Stockholders Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 7.7 M in 2024, whereas Cash is likely to drop slightly above 2.4 M in 2024.
 2021 2023 2024 (projected)
Other Current Liabilities242K278.3K264.4K
Total Assets125.9M162.0M170.1M

Decibel Cannabis balance sheet Correlations

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Decibel Cannabis Account Relationship Matchups

Decibel Cannabis balance sheet Accounts

201920202021202220232024 (projected)
Total Assets88.5M88.7M125.9M140.9M162.0M170.1M
Total Current Liabilities10.5M14.3M47.1M53.9M62.0M65.1M
Total Stockholder Equity39.9M33.4M50.7M47.2M54.3M57.0M
Property Plant And Equipment Net63.6M63.2M62.2M62.6M72.0M75.6M
Net Debt28.9M39.4M48.0M45.4M52.2M54.9M
Accounts Payable4.0M11.2M25.0M44.3M51.0M53.5M
Cash11.7M3.8M1.9M3.0M3.4M2.4M
Non Current Assets Total69M68.9M69.3M71.1M81.8M85.9M
Non Currrent Assets Other380K933K2.4M3.9M4.5M4.8M
Cash And Short Term Investments11.7M3.8M1.9M3.0M3.4M2.6M
Net Receivables707K3.9M12.9M16.7M19.2M20.2M
Liabilities And Stockholders Equity88.5M88.7M125.9M140.9M162.0M170.1M
Other Stockholder Equity8.2M10.0M6.3M4.3M4.9M7.7M
Total Liab48.7M55.3M75.2M93.7M107.7M113.1M
Total Current Assets19.5M19.9M56.6M69.8M80.2M84.3M
Common Stock42.1M43.1M53.4M53.5M61.6M64.6M
Common Stock Shares Outstanding65.9M347.7M374.8M404.2M464.8M488.0M
Retained Earnings(10.5M)(19.7M)(17.9M)(22.4M)(20.2M)(19.2M)
Non Current Liabilities Total38.1M41.0M28.1M39.8M45.8M48.0M
Short Long Term Debt Total40.5M43.2M49.9M48.4M55.7M58.4M
Short Term Debt2.4M2.2M22.2M9.6M11.0M11.5M
Other Current Assets1.3M795K4.7M2.3M2.7M1.7M
Net Tangible Assets34.2M28.0M45.4M42.6M49.0M30.5M
Net Invested Capital74.5M70.6M96.2M90.9M104.6M70.1M
Short Long Term Debt1.9M68K21.4M8.7M10.0M5.9M
Net Working Capital9.0M5.6M9.5M15.9M18.3M12.4M
Property Plant Equipment62.6M62.3M61.5M62.5M71.9M48.3M
Long Term Debt32.7M37.1M24.1M35.0M40.3M29.2M
Capital Lease Obligations6.0M4.4M4.4M4.7M5.4M4.3M
Inventory5.9M11.4M37.1M47.8M54.9M57.7M
Capital Stock42.1M43.1M53.4M53.5M61.6M52.5M
Intangible Assets474K284K390K332K298.8K283.9K

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When running Decibel Cannabis' price analysis, check to measure Decibel Cannabis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Decibel Cannabis is operating at the current time. Most of Decibel Cannabis' value examination focuses on studying past and present price action to predict the probability of Decibel Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decibel Cannabis' price. Additionally, you may evaluate how the addition of Decibel Cannabis to your portfolios can decrease your overall portfolio volatility.