Nova Cannabis Stock Total Debt
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 Debt Analysis
Nova Cannabis' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Nova Cannabis Total Debt | 60.11 M |
Most of Nova Cannabis' fundamental indicators, such as Total Debt, 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.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
CompetitionBased on the latest financial disclosure, Nova Cannabis has a Total Debt of 60.11 M. This is 97.82% lower than that of the Healthcare sector and significantly higher than that of the Pharmaceutical Retailers industry. The total debt for all United States stocks is 98.87% higher than that of the company.
Nova Total Debt 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 Debt 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 debt 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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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