Acreage Holdings, Inc. ACRDF OTC

Acreage Holdings, Inc. (ACRDF) reported total assets of $293.15M and total liabilities of $419.26M for quarter ending 2024-09-30, resulting in total equity of $-126.11M.

The company held $13.78M in cash and short-term investments. Total debt stood at $290.76M, with net debt of $276.98M. The Debt-to-Equity (D/E) ratio was -2.31 (conservative).

Current ratio is 1.14, suggesting adequate short-term liquidity. Interest coverage is -1.1x (weak).

Criteria supported by this page:

• HEALTH (25/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (35/100) — Total assets $293.15M and equity $-126.11M support the company's competitive scale

Overall SharesGrow Score: 30/100 with 1/7 criteria passed.