| PHCG Stock | | | USD 0 0.00 0.00% |
Insider
Sherry Andersen is Director Communications of Pure Harvest Cannabis
| Phone | 800 924 3716 |
| Web | https://www.pureharvestgroup.com |
Pure Harvest Management Efficiency
The company has return on total asset
(ROA) of
(0.1726) % which means that it has lost $0.1726 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity
(ROE) of
(3.858) %, meaning that it created substantial loss on money invested by shareholders. Pure Harvest's management efficiency ratios could be used to measure how well Pure Harvest manages its routine affairs as well as how well it operates its assets and liabilities.
Pure Harvest Cannabis currently holds 1.17
M in liabilities with Debt to Equity
(D/E) ratio of 3.36, implying the company greatly
relies on financing operations through barrowing. Pure Harvest Cannabis has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Pure Harvest until it has trouble settling it off, either with new capital or with free cash flow. So, Pure Harvest'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 Pure Harvest Cannabis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pure to invest in growth at high rates of return. When we think about Pure Harvest's use of debt, we should always consider it together with cash and equity.
Pure Harvest Corporate Group, Inc. focuses on the acquisition and operation of licensed medical and recreational marijuana dispensaries, cultivation facilities, and production facilities. Pure Harvest Corporate Group, Inc. was founded in 2004 and is based in Greenwood Village, Colorado. Pure Harvest operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 25 people. Pure Harvest Cannabis [PHCG] is a
Pink Sheet which is traded between brokers as part of OTC trading.
Management Performance
Pure Harvest Cannabis Leadership Team
Elected by the shareholders, the Pure Harvest's board of directors comprises two types of representatives: Pure Harvest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pure. The board's role is to monitor Pure Harvest's management team and ensure that shareholders' interests are well served. Pure Harvest'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, Pure Harvest's outside directors are responsible for providing unbiased perspectives on the board's policies.
Pure 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 Pure Harvest 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 Pure Pink Sheet
Pure Harvest financial ratios help investors to determine whether Pure 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 Pure with respect to the benefits of owning Pure Harvest security.