Nova Cannabis Top Insiders

NVACFDelisted Stock  USD 1.26  0.00  0.00%   
Nova Cannabis employs about 548 people. The company is managed by 3 executives with a total tenure of roughly 1279 years, averaging almost 426.0 years of service per executive, having 182.67 employees per reported executive. Examination of Nova Cannabis' management performance can provide insight into the company performance.
Cameron CA  Insider
CFO Sec
Marcie Kiziak  Insider
CEO Pres
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Nova Cannabis Management Team Effectiveness

The company has return on total asset (ROA) of (0.0287) % which means that it has lost $0.0287 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1987) %, meaning that it generated substantial loss on money invested by shareholders. Nova Cannabis' management efficiency ratios could be used to measure how well Nova Cannabis manages its routine affairs as well as how well it operates its assets and liabilities.

Nova Cannabis Workforce Comparison

Nova Cannabis is considered to be number one stock in number of employees category among its peers. The total workforce of Pharmaceutical Retailers industry is now estimated at about 1,316. Nova Cannabis totals roughly 548 in number of employees claiming about 42% of equities listed under Pharmaceutical Retailers industry.
The company has Profit Margin (PM) of (0.05) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.03) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.03.

Nova Cannabis Notable Stakeholders

A Nova Cannabis stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Nova Cannabis often face trade-offs trying to please all of them. Nova Cannabis' stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Nova Cannabis' stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.

About Nova Cannabis Management Performance

The success or failure of an entity such as Nova Cannabis often depends on how effective the management is. Nova Cannabis management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Nova management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Nova management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Nova Cannabis Inc. engages in the operation of retail cannabis stores with a focus on the recreational-use cannabis market in Canada. As of March 31, 2022, the company operated 78 cannabis stores in Alberta, Ontario, and Saskatchewan. Nova Cannabis operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 548 people.
The data published in Nova Cannabis' official financial statements typically reflect Nova Cannabis' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Nova Cannabis' quantitative information. For example, before you start analyzing numbers published by Nova accountants, it's essential to understand Nova Cannabis' liquidity, profitability, and earnings quality within the context of the Healthcare space in which it operates.

Nova Cannabis Workforce Analysis

Traditionally, organizations such as Nova Cannabis use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Nova Cannabis within its industry.

Nova Cannabis Manpower Efficiency

Return on Nova Cannabis Manpower

Revenue Per Employee245.2K
Revenue Per Executive44.8M
Net Loss Per Employee37.6K
Net Loss Per Executive6.9M
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Nova Cannabis information on this page should be used as a complementary analysis to other Nova Cannabis' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Consideration for investing in Nova OTC Stock

If you are still planning to invest in Nova Cannabis check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nova Cannabis' history and understand the potential risks before investing.
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