Decibel Cannabis Stock Today
| DB Stock | CAD 0.07 0.01 6.67% |
PerformanceInsignificant
| Odds Of DistressBelow Average
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Decibel Cannabis is selling for under 0.07 as of the 16th of February 2025; that is 6.67 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.07. Decibel Cannabis has about a 36 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | Category Healthcare | Classification Health Care |
Decibel Cannabis Company Inc. engages in the cultivation, processing, production, and retail sale of cannabis products in Canada. Decibel Cannabis Company Inc. is headquartered in Calgary, Canada. DECIBEL CANNABIS is traded on Commodity Exchange in Exotistan. The company has 576.74 M outstanding shares of which 79.74 K shares are currently shorted by private and institutional investors with about 0.63 trading days to cover. More on Decibel Cannabis
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Decibel Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Decibel Cannabis' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Decibel Cannabis or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Pharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, Health Care, Pharmaceuticals, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) | ||||
Decibel Cannabis' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Decibel Cannabis' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsDecibel Cannabis can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Decibel Cannabis' financial leverage. It provides some insight into what part of Decibel Cannabis' total assets is financed by creditors.
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Decibel Cannabis (DB) is traded on TSX Venture Exchange in Canada and employs 10 people. Decibel Cannabis is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 40.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Decibel Cannabis's market, we take the total number of its shares issued and multiply it by Decibel Cannabis'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. Decibel Cannabis conducts business under Pharmaceuticals sector and is part of Health Care industry. The entity has 576.74 M outstanding shares of which 79.74 K shares are currently shorted by private and institutional investors with about 0.63 trading days to cover.
Decibel Cannabis currently holds about 4.46 M in cash with 7.08 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
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Ownership AllocationDecibel Cannabis holds a total of 576.74 Million outstanding shares. Decibel Cannabis retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Decibel Cannabis Risk Profiles
Although Decibel Cannabis' alpha and beta are two of the key measurements used to evaluate Decibel Cannabis' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.23 | |||
| Standard Deviation | 5.57 | |||
| Variance | 31.06 | |||
| Risk Adjusted Performance | 0.0019 |
Decibel Stock Against Markets
| DB | 6.67 |
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Decibel Cannabis Corporate Management
Elected by the shareholders, the Decibel Cannabis' board of directors comprises two types of representatives: Decibel Cannabis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Decibel. The board's role is to monitor Decibel Cannabis' management team and ensure that shareholders' interests are well served. Decibel Cannabis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Decibel Cannabis' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kris Newell | Chief Officer | Profile | |
| Benjamin Sze | Chief Officer | Profile | |
| Warren Matzelle | Chief Officer | Profile | |
| Derek Sider | Chief Officer | Profile | |
| Christian Monson | Chief Inc | Profile | |
| Paul Wilson | Chief Officer | Profile | |
| Stuart Boucher | Chief Officer | Profile |
Additional Tools for Decibel Stock Analysis
When running Decibel Cannabis' price analysis, check to measure Decibel Cannabis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Decibel Cannabis is operating at the current time. Most of Decibel Cannabis' value examination focuses on studying past and present price action to predict the probability of Decibel Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decibel Cannabis' price. Additionally, you may evaluate how the addition of Decibel Cannabis to your portfolios can decrease your overall portfolio volatility.