Pure Global Cannabis Stock Analysis
Pure Global Cannabis has over 7.23 Million in debt which may indicate that it relies heavily on debt financing. Pure Global's financial risk is the risk to Pure Global stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Pure Global's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Pure Global's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Pure Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect Pure Global's stakeholders.
For many companies, including Pure Global, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Pure Global Cannabis, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Pure Global's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Pure Global's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Pure Global is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Pure Global to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Pure Global is said to be less leveraged. If creditors hold a majority of Pure Global's assets, the Company is said to be highly leveraged.
Pure Global Cannabis is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Pure Global pink sheet analysis is to determine its intrinsic value, which is an estimate of what Pure Global Cannabis is worth, separate from its market price. There are two main types of Pure Global's stock analysis: fundamental analysis and technical analysis.
The Pure Global pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Pure Global's ongoing operational relationships across important fundamental and technical indicators.
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Pure Pink Sheet Analysis Notes
About 16.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.01. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Pure Global Cannabis recorded a loss per share of 0.06. The entity had not issued any dividends in recent years. Pure Global Cannabis Inc. produces cannabis products for the medical and adult-use markets in Canada. Pure Global Cannabis Inc. is headquartered in Toronto, Canada. PURE GLOBAL operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on PNK Exchange.The quote for Pure Global Cannabis is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Pure Global Cannabis contact Malay Panchal at 289 206 1552 or learn more at https://pureglobal.com.Pure Global Cannabis Investment Alerts
| Pure Global Cannabis generated a negative expected return over the last 90 days | |
| Pure Global Cannabis has some characteristics of a very speculative penny stock | |
| Pure Global Cannabis has a very high chance of going through financial distress in the upcoming years | |
| Pure Global Cannabis has accumulated 7.23 M in total debt with debt to equity ratio (D/E) of 3.05, implying the company greatly relies on financing operations through barrowing. Pure Global Cannabis has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Pure Global until it has trouble settling it off, either with new capital or with free cash flow. So, Pure Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pure Global Cannabis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pure to invest in growth at high rates of return. When we think about Pure Global's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (23.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Pure Global Cannabis has accumulated about 146.1 K in cash with (8.99 M) of positive cash flow from operations. | |
| Roughly 16.0% of Pure Global outstanding shares are owned by corporate insiders |
Pure Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.23 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pure Global's market, we take the total number of its shares issued and multiply it by Pure Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pure Global, as well as the relationship between them.Pure Global Cannabis Price Movement Analysis
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Weighted Moving Average calculates a weight for each value in Pure Global price series with the more recent values given greater weights.
Pure Global Outstanding Bonds
Pure Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Pure Global Cannabis uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Pure bonds can be classified according to their maturity, which is the date when Pure Global Cannabis has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Pure Global Cannabis Debt to Cash Allocation
Many companies such as Pure Global, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Pure Global Cannabis has accumulated 7.23 M in total debt with debt to equity ratio (D/E) of 3.05, implying the company greatly relies on financing operations through barrowing. Pure Global Cannabis has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Pure Global until it has trouble settling it off, either with new capital or with free cash flow. So, Pure Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pure Global Cannabis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pure to invest in growth at high rates of return. When we think about Pure Global's use of debt, we should always consider it together with cash and equity.Pure Global Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Pure Global's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Pure Global, which in turn will lower the firm's financial flexibility.Pure Global Corporate Bonds Issued
Most Pure bonds can be classified according to their maturity, which is the date when Pure Global Cannabis has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
About Pure Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Pure Global prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Pure shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Pure Global. By using and applying Pure Pink Sheet analysis, traders can create a robust methodology for identifying Pure entry and exit points for their positions.
Pure Global Cannabis Inc. produces cannabis products for the medical and adult-use markets in Canada. Pure Global Cannabis Inc. is headquartered in Toronto, Canada. PURE GLOBAL operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on PNK Exchange.
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