Nova Cannabis Stock Total Asset
NVACFDelisted Stock | USD 1.26 0.00 0.00% |
Nova Cannabis fundamentals help investors to digest information that contributes to Nova Cannabis' financial success or failures. It also enables traders to predict the movement of Nova OTC Stock. The fundamental analysis module provides a way to measure Nova Cannabis' 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 Nova Cannabis otc stock.
Nova |
Nova Cannabis OTC Stock Total Asset Analysis
Nova Cannabis' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Nova Cannabis Total Asset | 118.7 M |
Most of Nova Cannabis' fundamental indicators, such as Total Asset, 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, Nova Cannabis is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
CompetitionBased on the latest financial disclosure, Nova Cannabis has a Total Asset of 118.7 M. This is 98.42% lower than that of the Healthcare sector and significantly higher than that of the Pharmaceutical Retailers industry. The total asset for all United States stocks is 99.6% higher than that of the company.
Nova Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova Cannabis' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Nova Cannabis could also be used in its relative valuation, which is a method of valuing Nova Cannabis by comparing valuation metrics of similar companies.Nova Cannabis is currently under evaluation in total asset category among its peers.
Nova Fundamentals
Return On Equity | -0.2 | |||
Return On Asset | -0.0287 | |||
Profit Margin | (0.05) % | |||
Operating Margin | (0.03) % | |||
Current Valuation | 59.13 M | |||
Shares Outstanding | 57.15 M | |||
Shares Owned By Insiders | 62.72 % | |||
Shares Owned By Institutions | 5.20 % | |||
Price To Book | 0.44 X | |||
Price To Sales | 0.14 X | |||
Revenue | 134.36 M | |||
Gross Profit | 24.89 M | |||
EBITDA | (7.32 M) | |||
Net Income | (20.61 M) | |||
Cash And Equivalents | 6.22 M | |||
Cash Per Share | 0.11 X | |||
Total Debt | 60.11 M | |||
Debt To Equity | 1.11 % | |||
Current Ratio | 1.07 X | |||
Book Value Per Share | 0.92 X | |||
Cash Flow From Operations | (9.98 M) | |||
Earnings Per Share | (0.30) X | |||
Number Of Employees | 548 | |||
Market Capitalization | 35.92 M | |||
Total Asset | 118.7 M | |||
Z Score | 1.0 | |||
Net Asset | 118.7 M |
About Nova Cannabis Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nova Cannabis's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova Cannabis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova Cannabis based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Currently Active Assets on Macroaxis
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Nova Cannabis information on this page should be used as a complementary analysis to other Nova Cannabis' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Nova OTC Stock
If you are still planning to invest in Nova Cannabis check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nova Cannabis' history and understand the potential risks before investing.
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