THC Biomed Revenue vs. Return On Asset
THCBF Stock | USD 0 0.00 0.00% |
For THC Biomed profitability analysis, we use financial ratios and fundamental drivers that measure the ability of THC Biomed to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well THC Biomed Intl utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between THC Biomed's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of THC Biomed Intl over time as well as its relative position and ranking within its peers.
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THC Biomed Intl Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining THC Biomed's current stock value. Our valuation model uses many indicators to compare THC Biomed value to that of its competitors to determine the firm's financial worth. THC Biomed Intl is rated third in revenue category among its peers. It is rated fourth in return on asset 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 THC Biomed's earnings, one of the primary drivers of an investment's value.THC Revenue vs. Competition
THC Biomed Intl is rated third in revenue category among its peers. Market size based on revenue of Health Care industry is at this time estimated at about 332.19 Million. THC Biomed claims roughly 3.34 Million in revenue contributing just under 2% to equities under Health Care industry.
THC Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
THC Biomed |
| = | 3.34 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
THC Biomed |
| = | -0.15 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
THC Return On Asset Comparison
THC Biomed is currently under evaluation in return on asset category among its peers.
THC Biomed Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in THC Biomed, profitability is also one of the essential criteria for including it into their portfolios because, without profit, THC Biomed will eventually generate negative long term returns. The profitability progress is the general direction of THC Biomed's change in net profit over the period of time. It can combine multiple indicators of THC Biomed, 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.
THC Biomed Intl Ltd. produces and sells medical and recreational cannabis in Canada. THC Biomed Intl Ltd. was founded in 2012 and is headquartered in Kelowna, Canada. Thc Biomed is traded on OTC Exchange in the United States.
THC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on THC Biomed. 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 THC Biomed 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 THC Biomed's important profitability drivers and their relationship over time.
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Other Information on Investing in THC Pink Sheet
To fully project THC Biomed's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of THC Biomed Intl 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 THC Biomed's income statement, its balance sheet, and the statement of cash flows.