IMCC Historical Balance Sheet

IMCC Stock  USD 3.69  1.25  51.23%   
Trend analysis of Im Cannabis Corp balance sheet accounts such as Other Current Liabilities of 11.6 M or Total Current Liabilities of 34.4 M provides information on Im Cannabis' total assets, liabilities, and equity, which is the actual value of Im Cannabis Corp to its prevalent stockholders. By breaking down trends over time using Im Cannabis balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Im Cannabis Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Im Cannabis Corp is a good buy for the upcoming year.

Im Cannabis Inventory

7.85 Million

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Im Cannabis Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About IMCC Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Im Cannabis Corp at a specified time, usually calculated after every quarter, six months, or one year. Im Cannabis Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Im Cannabis 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 IMCC currently owns. An asset can also be divided into two categories, current and non-current.

Im Cannabis Balance Sheet Chart

At present, Im Cannabis' Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 34.4 M, whereas Total Assets are forecasted to decline to about 28 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Im Cannabis assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Im Cannabis Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Im Cannabis balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Im Cannabis Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Im Cannabis Corp, which is listed under current asset account on Im Cannabis Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Im Cannabis customers. The amounts must be unrestricted with restricted cash listed in a different Im Cannabis 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.

Long Term Investments

Long Term Investments is an item on the asset side of Im Cannabis balance sheet that represents investments Im Cannabis Corp intends to hold for over a year. Im Cannabis Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most accounts from Im Cannabis' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Im Cannabis Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Im Cannabis Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Im Cannabis' Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 34.4 M, whereas Total Assets are forecasted to decline to about 28 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities26.2M8.4M11.0M11.6M
Total Assets287.4M60.7M48.8M28.0M

Im Cannabis balance sheet Correlations

0.120.230.41-0.040.040.07-0.580.580.330.020.570.280.240.160.420.08-0.530.360.10.370.430.250.42-0.010.65
0.120.920.790.980.980.55-0.170.710.70.990.080.770.940.880.940.98-0.470.90.890.950.570.890.580.980.42
0.230.920.950.870.880.76-0.510.870.580.90.430.651.00.780.930.9-0.520.980.970.940.830.990.840.910.54
0.410.790.950.70.730.83-0.730.970.450.760.660.50.940.620.890.77-0.550.950.90.870.950.970.950.770.59
-0.040.980.870.70.970.51-0.030.590.670.99-0.050.750.880.850.870.98-0.360.820.840.880.460.830.470.990.31
0.040.980.880.730.970.52-0.10.640.670.990.010.750.90.870.90.97-0.410.860.890.90.50.840.520.970.34
0.070.550.760.830.510.52-0.70.78-0.080.580.580.010.720.30.620.6-0.420.710.730.520.860.820.860.590.27
-0.58-0.17-0.51-0.73-0.03-0.1-0.7-0.790.04-0.12-0.970.03-0.47-0.02-0.4-0.140.39-0.54-0.45-0.36-0.89-0.58-0.88-0.13-0.53
0.580.710.870.970.590.640.78-0.790.40.660.70.440.850.540.860.7-0.590.90.770.820.930.90.920.660.6
0.330.70.580.450.670.67-0.080.040.40.630.010.990.620.750.660.6-0.250.610.570.790.240.50.260.640.53
0.020.990.90.760.990.990.58-0.120.660.630.020.720.920.860.910.99-0.430.870.880.90.530.870.540.990.34
0.570.080.430.66-0.050.010.58-0.970.70.010.020.00.38-0.080.30.03-0.270.450.390.30.850.50.840.050.53
0.280.770.650.50.750.750.010.030.440.990.720.00.690.80.720.69-0.280.670.640.840.280.570.30.730.51
0.240.941.00.940.880.90.72-0.470.850.620.920.380.690.820.950.91-0.550.990.960.960.80.980.810.920.56
0.160.880.780.620.850.870.3-0.020.540.750.86-0.080.80.820.830.84-0.540.820.750.880.370.70.380.830.42
0.420.940.930.890.870.90.62-0.40.860.660.910.30.720.950.830.93-0.620.960.860.970.710.920.710.890.59
0.080.980.90.770.980.970.6-0.140.70.60.990.030.690.910.840.93-0.470.870.840.90.540.870.550.980.34
-0.53-0.47-0.52-0.55-0.36-0.41-0.420.39-0.59-0.25-0.43-0.27-0.28-0.55-0.54-0.62-0.47-0.6-0.42-0.54-0.48-0.53-0.47-0.38-0.75
0.360.90.980.950.820.860.71-0.540.90.610.870.450.670.990.820.960.87-0.60.930.960.820.970.830.870.59
0.10.890.970.90.840.890.73-0.450.770.570.880.390.640.960.750.860.84-0.420.930.890.780.950.80.890.49
0.370.950.940.870.880.90.52-0.360.820.790.90.30.840.960.880.970.9-0.540.960.890.690.910.690.90.59
0.430.570.830.950.460.50.86-0.890.930.240.530.850.280.80.370.710.54-0.480.820.780.690.871.00.550.57
0.250.890.990.970.830.840.82-0.580.90.50.870.50.570.980.70.920.87-0.530.970.950.910.870.880.880.55
0.420.580.840.950.470.520.86-0.880.920.260.540.840.30.810.380.710.55-0.470.830.80.691.00.880.570.58
-0.010.980.910.770.990.970.59-0.130.660.640.990.050.730.920.830.890.98-0.380.870.890.90.550.880.570.32
0.650.420.540.590.310.340.27-0.530.60.530.340.530.510.560.420.590.34-0.750.590.490.590.570.550.580.32
Click cells to compare fundamentals

Im Cannabis Account Relationship Matchups

Im Cannabis balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding3.2M3.9M579.6K7.2M2.1M2.2M
Total Assets30.9M38.1M287.4M60.7M48.8M28.0M
Other Current Liab1.5M3.5M26.2M8.4M11.0M11.6M
Total Current Liabilities2.6M6.3M51.2M33.8M32.8M34.4M
Total Stockholder Equity24.7M11.1M201.2M22.7M14.5M19.5M
Property Plant And Equipment Net4.4M6.5M48.4M7.2M6.4M4.8M
Net Debt(12.9M)(7.9M)15.4M9.1M12.0M12.6M
Retained Earnings(4.3M)(33.0M)(50.7M)(238.9M)(249.1M)(236.7M)
Accounts Payable992K2.6M14.0M15.3M9.2M9.7M
Cash13.9M8.9M13.9M2.4M1.8M2.6M
Non Current Assets Total6.6M11.0M203.1M28.0M24.5M17.0M
Cash And Short Term Investments13.9M8.9M17.0M2.4M1.8M2.8M
Net Receivables2.1M5.7M29.1M8.7M11.3M11.9M
Liabilities And Stockholders Equity30.9M38.1M287.4M60.7M48.8M28.0M
Non Current Liabilities Total2.2M19.2M31.2M3.1M2.3M3.7M
Inventory5.5M8.4M31.1M16.6M10.0M7.8M
Other Current Assets52K785K21.2M5.0M1.1M1.8M
Other Stockholder Equity28.6M(1.0)(660K)(660.0K)9.6M13.0M
Total Liab4.8M25.5M82.4M36.9M35.1M36.9M
Property Plant And Equipment Gross4.4M6.5M48.4M7.2M23.0M24.2M
Total Current Assets24.3M27.1M84.3M32.7M24.3M25.5M
Net Invested Capital24.7M11.1M211.1M32.3M27.0M45.2M
Net Working Capital21.7M20.9M33.1M(1.1M)(8.5M)(8.1M)
Other Liab1.3M18.4M13.0M1.6M1.8M1.7M
Net Tangible Assets23.3M9.5M48.3M4.6M5.3M5.0M
Common Stock45K37.0M237.7M245.8M253.9M130.0M
Property Plant Equipment4.3M6.3M47.7M6.8M7.8M12.2M
Other Assets89K769K30K763K877.5K921.3K
Capital Stock45K37.0M237.7M245.8M253.9M146.9M
Intangible Assets889K1.1M30.9M7.9M5.8M8.5M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Im Cannabis Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Im Cannabis' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Im Cannabis Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Im Cannabis Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Im Cannabis Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Im Cannabis. If investors know IMCC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Im Cannabis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.11)
Revenue Per Share
22.335
Quarterly Revenue Growth
0.117
Return On Assets
(0.17)
Return On Equity
(1.12)
The market value of Im Cannabis Corp is measured differently than its book value, which is the value of IMCC that is recorded on the company's balance sheet. Investors also form their own opinion of Im Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Im Cannabis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Im Cannabis' market value can be influenced by many factors that don't directly affect Im Cannabis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Im Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Im Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Im Cannabis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.