Avicanna Stock Working Capital
| AVCN Stock | CAD 0.24 0.02 7.69% |
Avicanna fundamentals help investors to digest information that contributes to Avicanna's financial success or failures. It also enables traders to predict the movement of Avicanna Stock. The fundamental analysis module provides a way to measure Avicanna's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avicanna stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | -3.2 M | -3.3 M | |
| Change In Working Capital | 5 M | 5.3 M |
Avicanna | Working Capital |
Avicanna Company Working Capital Analysis
Avicanna's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Avicanna Working Capital | (3.51 M) |
Most of Avicanna's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avicanna is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Avicanna Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Avicanna is extremely important. It helps to project a fair market value of Avicanna Stock properly, considering its historical fundamentals such as Working Capital. Since Avicanna's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Avicanna's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Avicanna's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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Avicanna Net Invested Capital
Net Invested Capital |
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In accordance with the company's disclosures, Avicanna has a Working Capital of (3.51 Million). This is 100.82% lower than that of the Pharmaceuticals sector and 100.74% lower than that of the Health Care industry. The working capital for all Canada stocks is 100.24% higher than that of the company.
Avicanna Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avicanna's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Avicanna could also be used in its relative valuation, which is a method of valuing Avicanna by comparing valuation metrics of similar companies.Avicanna is currently under evaluation in working capital category among its peers.
Avicanna Current Valuation Drivers
We derive many important indicators used in calculating different scores of Avicanna from analyzing Avicanna's financial statements. These drivers represent accounts that assess Avicanna's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Avicanna's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 38.5M | 32.2M | 24.3M | 29.6M | 34.1M | 58.5M | |
| Enterprise Value | 39.2M | 33.8M | 26.3M | 31.0M | 35.6M | 59.2M |
Avicanna Fundamentals
| Return On Equity | -1.12 | ||||
| Return On Asset | -0.21 | ||||
| Profit Margin | (0.30) % | ||||
| Operating Margin | (0.29) % | ||||
| Current Valuation | 25.71 M | ||||
| Shares Outstanding | 109.57 M | ||||
| Shares Owned By Insiders | 23.21 % | ||||
| Number Of Shares Shorted | 303.15 K | ||||
| Price To Book | 15.32 X | ||||
| Price To Sales | 1.06 X | ||||
| Revenue | 16.79 M | ||||
| Gross Profit | 1.12 M | ||||
| EBITDA | (6.9 M) | ||||
| Net Income | (7.89 M) | ||||
| Cash And Equivalents | 12.98 M | ||||
| Cash Per Share | 0.66 X | ||||
| Total Debt | 1.8 M | ||||
| Debt To Equity | 6.30 % | ||||
| Current Ratio | 4.31 X | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (1.4 M) | ||||
| Short Ratio | 1.26 X | ||||
| Earnings Per Share | (0.10) X | ||||
| Target Price | 0.7 | ||||
| Number Of Employees | 87 | ||||
| Beta | 1.43 | ||||
| Market Capitalization | 27.94 M | ||||
| Total Asset | 21.97 M | ||||
| Retained Earnings | (98.71 M) | ||||
| Working Capital | (3.51 M) | ||||
| Net Asset | 21.97 M |
About Avicanna Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Avicanna's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avicanna using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avicanna based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Other Information on Investing in Avicanna Stock
Avicanna financial ratios help investors to determine whether Avicanna Stock 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 Avicanna with respect to the benefits of owning Avicanna security.