Kane Biotech Financials

KNBIF Stock  USD 0.08  0.0003  0.39%   
Based on the key indicators obtained from Kane Biotech's historical financial statements, Kane Biotech is not in a good financial situation at the moment. It has a very high risk of going through financial straits in December.
With this module, you can analyze Kane financials for your investing period. You should be able to track the changes in Kane Biotech individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Kane Biotech Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kane Biotech's financial statements are interrelated, with each one affecting the others. For example, an increase in Kane Biotech's assets may result in an increase in income on the income statement.
The data published in Kane Biotech's official financial statements typically reflect Kane Biotech's 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 Kane Biotech's quantitative information. For example, before you start analyzing numbers published by Kane accountants, it's essential to understand Kane Biotech's liquidity, profitability, and earnings quality within the context of the Healthcare space in which it operates.

Kane Biotech Stock Summary

Kane Biotech competes with Pharming Group. Kane Biotech Inc., a biotechnology company, engages in the research, development, and commercialization of technologies and products that prevent and remove microbial biofilms in Canada and internationally. Kane Biotech Inc. was incorporated in 2001 and is based in Winnipeg, Canada. Kane Biotech is traded on OTC Exchange in the United States.
InstrumentUSA OTC Stock View All
ExchangeOTCQB Exchange
Business Address290-100 Innovation Drive,
SectorHealthcare
IndustryBiotechnology
BenchmarkDow Jones Industrial
Websitekanebiotech.com
Phone204 453 1301
CurrencyUSD - US Dollar

Kane Biotech Key Financial Ratios

There are many critical financial ratios that Kane Biotech's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Kane Biotech reports annually and quarterly.

Kane Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Kane Biotech's current stock value. Our valuation model uses many indicators to compare Kane Biotech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kane Biotech competition to find correlations between indicators driving Kane Biotech's intrinsic value. More Info.
Kane Biotech is rated second overall in return on equity category among its peers. It is currently regarded as number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kane Biotech's earnings, one of the primary drivers of an investment's value.

Kane Biotech Systematic Risk

Kane Biotech's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kane Biotech volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Kane Biotech correlated with the market. If Beta is less than 0 Kane Biotech generally moves in the opposite direction as compared to the market. If Kane Biotech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kane Biotech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kane Biotech is generally in the same direction as the market. If Beta > 1 Kane Biotech moves generally in the same direction as, but more than the movement of the benchmark.

Kane Biotech November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Kane Biotech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kane Biotech. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kane Biotech based on widely used predictive technical indicators. In general, we focus on analyzing Kane OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kane Biotech's daily price indicators and compare them against related drivers.

Complementary Tools for Kane OTC Stock analysis

When running Kane Biotech's price analysis, check to measure Kane Biotech's 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 Kane Biotech is operating at the current time. Most of Kane Biotech's value examination focuses on studying past and present price action to predict the probability of Kane Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kane Biotech's price. Additionally, you may evaluate how the addition of Kane Biotech to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio