Avicanna Net Debt vs Cash Analysis

AVCN Stock

CAD 0.28 0.02 7.69%

Avicanna financial indicator trend analysis is way more than just evaluating Avicanna prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avicanna is a good investment. Please check the relationship between Avicanna Net Debt and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avicanna. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avicanna Net Debt account and Cash. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Avicanna's Net Debt and Cash is 0.19. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Avicanna, assuming nothing else is changed. The correlation between historical values of Avicanna's Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Avicanna are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Avicanna's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of Avicanna, which is listed under current asset account on Avicanna balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Avicanna customers. The amounts must be unrestricted with restricted cash listed in a different Avicanna account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Avicanna's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avicanna current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avicanna. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 26th of November 2024, Enterprise Value is likely to grow to about 59.2 M, while Selling General Administrative is likely to drop about 11 M.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	437.1K	2.9M	10.2M	10.7M
Reconciled Depreciation	894.0K	887.3K	777.3K	755.1K

Cost Of Revenue Reconciled Depreciation

Avicanna fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant And Equipment Net
Total Assets		0.61	0.62	0.77	0.74	0.87	0.76	0.56	-0.62	0.77	0.35	0.98	0.09	0.64	0.4	0.61	0.86	0.47	0.59	0.68	0.83	0.72	0.7	0.48	0.75	0.98
Short Long Term Debt Total	0.61		0.77	0.92	0.02	0.29	0.9	0.89	-0.91	0.83	0.62	0.48	-0.55	0.17	0.57	0.83	0.87	0.75	0.83	0.6	0.9	0.41	0.92	0.95	0.93	0.65
Other Current Liab	0.62	0.77		0.73	0.23	0.31	0.74	0.77	-0.69	0.67	0.31	0.54	-0.48	0.41	0.13	0.72	0.73	0.55	0.71	0.31	0.77	0.53	0.71	0.6	0.75	0.57
Total Current Liabilities	0.77	0.92	0.73		0.17	0.46	0.96	0.83	-0.92	0.97	0.55	0.64	-0.48	0.27	0.57	0.86	0.95	0.74	0.88	0.74	0.99	0.47	0.98	0.86	0.98	0.81
Total Stockholder Equity	0.74	0.02	0.23	0.17		0.9	0.15	0.02	0.05	0.19	0.0	0.84	0.65	0.75	0.05	-0.02	0.29	-0.16	-0.06	0.28	0.27	0.64	0.07	-0.12	0.17	0.67
Net Tangible Assets	0.87	0.29	0.31	0.46	0.9		0.43	0.19	-0.19	0.45	0.31	0.92	0.4	0.8	0.41	0.16	0.52	0.02	0.14	0.48	0.56	0.65	0.34	0.15	0.4	0.84
Current Deferred Revenue	0.76	0.9	0.74	0.96	0.15	0.43		0.82	-0.94	0.94	0.49	0.65	-0.54	0.34	0.49	0.92	0.97	0.83	0.93	0.62	0.96	0.42	0.94	0.79	0.94	0.79
Net Debt	0.56	0.89	0.77	0.83	0.02	0.19	0.82		-0.83	0.79	0.19	0.44	-0.54	0.15	0.17	0.79	0.79	0.68	0.81	0.5	0.81	0.16	0.83	0.83	0.87	0.58
Retained Earnings	-0.62	-0.91	-0.69	-0.92	0.05	-0.19	-0.94	-0.83		-0.91	-0.5	-0.47	0.58	-0.03	-0.46	-0.97	-0.93	-0.93	-0.98	-0.65	-0.88	-0.39	-0.95	-0.89	-0.95	-0.66
Accounts Payable	0.77	0.83	0.67	0.97	0.19	0.45	0.94	0.79	-0.91		0.43	0.65	-0.45	0.27	0.45	0.88	0.94	0.77	0.9	0.71	0.95	0.44	0.97	0.77	0.97	0.8
Cash	0.35	0.62	0.31	0.55	0.0	0.31	0.49	0.19	-0.5	0.43		0.27	-0.23	0.11	0.92	0.37	0.49	0.4	0.36	0.41	0.53	0.6	0.54	0.62	0.49	0.39
Non Current Assets Total	0.98	0.48	0.54	0.64	0.84	0.92	0.65	0.44	-0.47	0.65	0.27		0.23	0.71	0.33	0.48	0.76	0.34	0.46	0.6	0.72	0.72	0.56	0.33	0.63	0.96
Non Currrent Assets Other	0.09	-0.55	-0.48	-0.48	0.65	0.4	-0.54	-0.54	0.58	-0.45	-0.23	0.23		0.14	-0.15	-0.58	-0.36	-0.55	-0.62	0.0	-0.45	0.25	-0.52	-0.49	-0.44	0.05
Other Assets	0.64	0.17	0.41	0.27	0.75	0.8	0.34	0.15	-0.03	0.27	0.11	0.71	0.14		0.11	0.08	0.32	-0.08	0.05	-0.04	0.42	0.44	0.15	-0.09	0.21	0.55
Cash And Short Term Investments	0.4	0.57	0.13	0.57	0.05	0.41	0.49	0.17	-0.46	0.45	0.92	0.33	-0.15	0.11		0.29	0.48	0.31	0.31	0.59	0.55	0.44	0.53	0.59	0.47	0.48
Net Receivables	0.61	0.83	0.72	0.86	-0.02	0.16	0.92	0.79	-0.97	0.88	0.37	0.48	-0.58	0.08	0.29		0.92	0.96	0.99	0.54	0.83	0.38	0.9	0.77	0.9	0.63
Common Stock Total Equity	0.86	0.87	0.73	0.95	0.29	0.52	0.97	0.79	-0.93	0.94	0.49	0.76	-0.36	0.32	0.48	0.92		0.83	0.91	0.72	0.95	0.57	0.93	0.78	0.96	0.88
Common Stock Shares Outstanding	0.47	0.75	0.55	0.74	-0.16	0.02	0.83	0.68	-0.93	0.77	0.4	0.34	-0.55	-0.08	0.31	0.96	0.83		0.94	0.46	0.69	0.32	0.81	0.75	0.81	0.5
Inventory	0.59	0.83	0.71	0.88	-0.06	0.14	0.93	0.81	-0.98	0.9	0.36	0.46	-0.62	0.05	0.31	0.99	0.91	0.94		0.58	0.84	0.33	0.91	0.78	0.91	0.63
Other Current Assets	0.68	0.6	0.31	0.74	0.28	0.48	0.62	0.5	-0.65	0.71	0.41	0.6	0.0	-0.04	0.59	0.54	0.72	0.46	0.58		0.69	0.42	0.72	0.66	0.7	0.78
Total Liab	0.83	0.9	0.77	0.99	0.27	0.56	0.96	0.81	-0.88	0.95	0.53	0.72	-0.45	0.42	0.55	0.83	0.95	0.69	0.84	0.69		0.5	0.95	0.79	0.95	0.85
Short Long Term Debt	0.72	0.41	0.53	0.47	0.64	0.65	0.42	0.16	-0.39	0.44	0.6	0.72	0.25	0.44	0.44	0.38	0.57	0.32	0.33	0.42	0.5		0.45	0.34	0.5	0.66
Total Current Assets	0.7	0.92	0.71	0.98	0.07	0.34	0.94	0.83	-0.95	0.97	0.54	0.56	-0.52	0.15	0.53	0.9	0.93	0.81	0.91	0.72	0.95	0.45		0.88	0.99	0.73
Short Term Debt	0.48	0.95	0.6	0.86	-0.12	0.15	0.79	0.83	-0.89	0.77	0.62	0.33	-0.49	-0.09	0.59	0.77	0.78	0.75	0.78	0.66	0.79	0.34	0.88		0.89	0.54
Common Stock	0.75	0.93	0.75	0.98	0.17	0.4	0.94	0.87	-0.95	0.97	0.49	0.63	-0.44	0.21	0.47	0.9	0.96	0.81	0.91	0.7	0.95	0.5	0.99	0.89		0.78
Property Plant And Equipment Net	0.98	0.65	0.57	0.81	0.67	0.84	0.79	0.58	-0.66	0.8	0.39	0.96	0.05	0.55	0.48	0.63	0.88	0.5	0.63	0.78	0.85	0.66	0.73	0.54	0.78

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Avicanna Account Relationship Matchups

Avicanna fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	45.2M	30.2M	22.3M	17.6M	22.0M	23.0M
Short Long Term Debt Total	1.3M	1.9M	1.7M	3.2M	1.8M	1.6M
Other Current Liab	3.3M	145.2K	3.7M	3.8M	1.4M	1.9M
Total Current Liabilities	8.7M	12.8M	12.2M	11.4M	12.0M	8.3M
Total Stockholder Equity	22.4M	6.0M	1.1M	(383.6K)	(112.5K)	(106.9K)
Net Tangible Assets	4.4M	8.1M	5.5M	847.0K	974.0K	925.3K
Net Debt	829.2K	671.2K	1.6M	2.0M	1.3M	723.3K
Retained Earnings	(30.8M)	(62.0M)	(77.4M)	(90.8M)	(98.7M)	(93.8M)
Accounts Payable	5.2M	6.6M	7.3M	4.8M	8.9M	4.8M
Cash	441.8K	1.3M	31.0K	1.2M	477.2K	652.9K
Non Current Assets Total	41.2M	23.4M	14.9M	10.6M	13.5M	18.1M
Non Currrent Assets Other	3.8M	526.3K	(14.9M)	(10.6M)	(9.5M)	(9.0M)
Cash And Short Term Investments	441.8K	2.5M	31.0K	1.2M	477.2K	826.1K
Net Receivables	1.2M	1.0M	2.3M	2.1M	3.0M	3.1M
Common Stock Shares Outstanding	20.5M	29.4M	41.3M	59.2M	84.7M	88.9M
Long Term Debt Total	1.0M	161.1K	415.8K	401.4K	461.6K	320.4K
Liabilities And Stockholders Equity	45.2M	30.2M	22.3M	17.6M	22.0M	23.0M
Non Current Liabilities Total	6.6M	3.4M	3.2M	2.8M	2.0M	2.5M
Inventory	1.6M	1.9M	4.1M	3.2M	4.5M	4.8M
Other Current Assets	117.4K	1.3M	901.3K	481.0K	470.7K	577.8K
Total Liab	15.3M	16.2M	15.4M	14.2M	14.0M	10.8M
Total Current Assets	4.0M	6.8M	7.4M	7.1M	8.5M	5.0M
Short Term Debt	225.0K	1.8M	1.2M	2.8M	1.7M	1.1M
Intangible Assets	11.1M	497.5K	299.2K	167.6K	1.2M	1.1M
Common Stock	46.0M	57.5M	66.2M	74.9M	81.0M	48.1M
Property Plant Equipment	23.2M	21.8M	14.5M	10.4M	11.9M	13.6M
Property Plant And Equipment Net	23.2M	21.8M	14.5M	10.4M	12.0M	15.5M
Other Stockholder Equity	8.3M	12.7M	16.5M	18.5M	21.3M	11.6M
Net Invested Capital	23.1M	7.6M	2.7M	2.5M	1.4M	1.4M
Property Plant And Equipment Gross	23.2M	23.4M	16.3M	11.9M	14.3M	16.6M
Accumulated Other Comprehensive Income	(1.1M)	(2.1M)	(4.2M)	(3.0M)	17.6M	18.5M
Net Working Capital	(4.8M)	(6.1M)	(4.8M)	(4.3M)	(3.5M)	(3.7M)
Other Liab	5.5M	3.3M	2.8M	2.4M	2.1M	2.7M
Capital Stock	46.0M	57.5M	66.2M	74.9M	81.0M	63.6M

Other Information on Investing in Avicanna Stock

Balance Sheet is a snapshot of the financial position of Avicanna at a specified time, usually calculated after every quarter, six months, or one year. Avicanna Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Avicanna and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Avicanna currently owns. An asset can also be divided into two categories, current and non-current.

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Avicanna Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

Avicanna fundamental ratios Correlations

Avicanna Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avicanna fundamental ratios Accounts

Other Information on Investing in Avicanna Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Net Receivables
Common Stock	+ 0.99	Total Current Assets
Non Current Assets Total	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Current Liabilities

Inventory	- 0.98	Retained Earnings
Net Receivables	- 0.97	Retained Earnings
Common Stock	- 0.95	Retained Earnings
Total Current Assets	- 0.95	Retained Earnings
Retained Earnings	- 0.94	Current Deferred Revenue
Common Stock Shares Outstanding	- 0.93	Retained Earnings