Canna Net Tangible Assets from 2010 to 2026

CNGL Stock  USD 9.00  0.00  0.00%   
Canna Global Net Tangible Assets yearly trend continues to be quite stable with very little volatility. Net Tangible Assets may rise above about 18.5 M this year. Net Tangible Assets is the total assets of Canna Global Acquisition minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
17.6 M
Current Value
18.5 M
Quarterly Volatility
11.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Canna Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canna Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 145.8 K, Interest Expense of 3.3 M or Other Operating Expenses of 1.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 83.25. Canna financial statements analysis is a perfect complement when working with Canna Global Valuation or Volatility modules.
  
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Check out the analysis of Canna Global Correlation against competitors.
Historical Net Tangible Assets data for Canna Global serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Canna Global Acquisition represents a compelling investment opportunity.

Latest Canna Global's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Canna Global Acquisition over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Canna Global's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canna Global's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Canna Net Tangible Assets Regression Statistics

Arithmetic Mean(558,604)
Geometric Mean9,552,906
Coefficient Of Variation(2,027)
Mean Deviation9,988,057
Median(7,633,478)
Standard Deviation11,323,620
Sample Variance128.2T
Range26.1M
R-Value0.80
Mean Square Error49.6T
R-Squared0.64
Significance0.0001
Slope1,789,941
Total Sum of Squares2051.6T

Canna Net Tangible Assets History

202618.5 M
202517.6 M
202215.3 M

About Canna Global Financial Statements

Canna Global investors utilize fundamental indicators, such as Net Tangible Assets, to predict how Canna Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets17.6 M18.5 M

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When determining whether Canna Global Acquisition is a strong investment it is important to analyze Canna Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canna Global's future performance. For an informed investment choice regarding Canna Stock, refer to the following important reports:
Check out the analysis of Canna Global Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canna Global. Projected growth potential of Canna fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Canna Global assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.85)
Earnings Share
(0.01)
Return On Assets
(0.04)
Investors evaluate Canna Global Acquisition using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Canna Global's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Canna Global's market price to deviate significantly from intrinsic value.
It's important to distinguish between Canna Global's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Canna Global should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Canna Global's market price signifies the transaction level at which participants voluntarily complete trades.