| DLTNF Stock | | | USD 0.01 0 14.29% |
Insider
Ian Chadsey is VP Affairs of Delta 9 Cannabis
| Phone | 855 245 1259 |
| Web | https://www.delta9.ca |
Delta 9 Management Efficiency
The company has return on total asset
(ROA) of
(0.1125) % which means that it has lost $0.1125 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.9147) %, meaning that it generated substantial loss on money invested by shareholders. Delta 9's management efficiency ratios could be used to measure how well Delta 9 manages its routine affairs as well as how well it operates its assets and liabilities.
Delta 9 Cannabis has accumulated 2.48
M in total debt with debt to equity ratio
(D/E) of 3.5, implying the company greatly
relies on financing operations through barrowing. Delta 9 Cannabis has a current ratio of 1.38, which is within standard range for the sector. Debt can assist Delta 9 until it has trouble settling it off, either with new capital or with free cash flow. So, Delta 9's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Delta 9 Cannabis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Delta to invest in growth at high rates of return. When we think about Delta 9's use of debt, we should always consider it together with cash and equity.
Delta 9 Cannabis Inc. operates as an integrated cannabis company. Delta 9 Cannabis Inc. was incorporated in 2001 and is headquartered in Winnipeg, Canada. Delta 9 operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 210 people. Delta 9 Cannabis [DLTNF] is a
Pink Sheet which is traded through a dealer network over-the-counter (OTC).
Management Performance
Delta 9 Cannabis Leadership Team
Elected by the shareholders, the Delta 9's board of directors comprises two types of representatives: Delta 9 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Delta. The board's role is to monitor Delta 9's management team and ensure that shareholders' interests are well served. Delta 9's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Delta 9's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Jonker, Chief Officer | |
| John IV, CEO CoFounder | |
| Alexa Goertzen, Sr Assistant | |
| Ian Chadsey, VP Affairs | |
| John III, CoFounder Director | |
| Matthew Sodomsky, Chief Officer | |
| James Lawson, Controller CFO | |
| MBA MBA, Corp Strategy | |
| Derek Reimer, VP Compliance | |
| Marshall Posner, Chief Officer | |
Delta Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Delta 9 a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Other Information on Investing in Delta Pink Sheet
Delta 9 financial ratios help investors to determine whether Delta Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Delta with respect to the benefits of owning Delta 9 security.