Avant Brands Price To Book vs. Net Income
AVTBF Stock | USD 0.36 0.05 12.20% |
For Avant Brands profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avant Brands to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avant Brands utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avant Brands's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avant Brands over time as well as its relative position and ranking within its peers.
Avant |
Avant Brands Net Income vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Avant Brands's current stock value. Our valuation model uses many indicators to compare Avant Brands value to that of its competitors to determine the firm's financial worth. Avant Brands is rated below average in price to book category among its peers. It is rated below average in net income category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avant Brands' earnings, one of the primary drivers of an investment's value.Avant Net Income vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Avant Brands |
| = | 0.85 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Avant Brands |
| = | (11.23 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Avant Net Income Comparison
Avant Brands is currently under evaluation in net income category among its peers.
Avant Brands Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Avant Brands, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avant Brands will eventually generate negative long term returns. The profitability progress is the general direction of Avant Brands' change in net profit over the period of time. It can combine multiple indicators of Avant Brands, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Avant Brands Inc. cultivates, produces, and markets premium cannabis products in Canada. Avant Brands Inc. was incorporated in 2017 and is headquartered in Kelowna, Canada. Avant Brands is traded on OTC Exchange in the United States.
Avant Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Avant Brands. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Avant Brands position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Avant Brands' important profitability drivers and their relationship over time.
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ETF CategoriesList of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
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Other Information on Investing in Avant OTC Stock
To fully project Avant Brands' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Avant Brands at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Avant Brands' income statement, its balance sheet, and the statement of cash flows.