Avicanna Pfcf Ratio vs Cash Per Share Analysis
AVCN Stock | CAD 0.26 0.01 3.70% |
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 Pfcf Ratio and its Cash Per Share 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.
Pfcf Ratio vs Cash Per Share
Pfcf Ratio vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avicanna Pfcf Ratio account and Cash Per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between Avicanna's Pfcf Ratio and Cash Per Share is 0.38. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Avicanna, assuming nothing else is changed. The correlation between historical values of Avicanna's Pfcf Ratio and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pfcf Ratio of Avicanna are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Pfcf Ratio i.e., Avicanna's Pfcf Ratio and Cash Per Share go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Pfcf Ratio
Cash Per Share
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 25th 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 |
Avicanna fundamental ratios Correlations
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Avicanna Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.