Asset Breakdown
1.6 B
Assets Non Current
992.8 M
Goodwill
968.8 M
Current Assets
| Total Assets | 2.26 Billion | |
| Current Assets | 968.84 Million | |
| Assets Non Current | 1.57 Billion | |
| Goodwill | 992.84 Million | |
| Tax Assets | 2.97 Million |
How much will Aphria owe in August
 | By Rifka Kats | Macroaxis Story |
Aphria Inc is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 6th of August 2020. The stock is in a buyout trend. Aphria Earnings Before Interest Taxes and Depreciation Amortization EBITDA are projected to increase significantly based on the last few years of reporting. The past year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA were at 8.39 Million. The current year Working Capital is expected to grow to about 796.9 M, whereas Average Assets are forecasted to decline to about 1.9 B. As many investors are getting excited about healthcare space, it is fair to go over Aphria Inc as an investment option. We will evaluate why we are still optimistic in anticipation of a recovery.
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Reviewed by Vlad Skutelnik
This firm currently holds 42.06 M in liabilities with Debt to Equity (D/E) ratio of 0.26, which may suggest the entity is not taking enough advantage from borrowing. The company currently holds 42.06 M in liabilities with Debt to Equity (D/E) ratio of 0.26, which may suggest the stock is not taking enough advantage from borrowing. Aphria Inc has a current ratio of 5.09, suggesting that it is liquid enough and is able to pay its financial obligations when due.
How important is Aphria's Liquidity
Aphria financial leverage refers to using borrowed capital as a funding source to finance Aphria Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Aphria financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Aphria's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Aphria's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Aphria's total debt and its cash.
What is the case for Aphria Investors
The latest price spikes of Aphria Inc could raise concerns from investors as the firm closed today at a share price of 5.08 on 7,732,700 in volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in August. The stock standard deviation of daily returns for 30 days investing horizon is currently 5.55. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Aphria partners.
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