Cannabis Global Stock Return On Asset
| CBGL Stock | USD 0.0001 0.00 0.00% |
Fundamental analysis of Cannabis Global allows traders to better anticipate movements in Cannabis Global's stock price by examining its financial health and performance throughout various phases of its business cycle.
Cannabis |
Cannabis Global Company Return On Asset Analysis
Cannabis Global's 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.
Current Cannabis Global Return On Asset | -0.1 |
Most of Cannabis Global's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cannabis Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Cannabis Global has a Return On Asset of -0.1029. This is 98.82% lower than that of the Healthcare sector and significantly lower than that of the Drug Manufacturers—Specialty & Generic industry. The return on asset for all United States stocks is 26.5% lower than that of the firm.
Cannabis Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cannabis Global's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Cannabis Global could also be used in its relative valuation, which is a method of valuing Cannabis Global by comparing valuation metrics of similar companies.Cannabis Global is currently under evaluation in return on asset category among its peers.
Cannabis Fundamentals
| Return On Equity | -0.67 | |||
| Return On Asset | -0.1 | |||
| Profit Margin | (1.21) % | |||
| Operating Margin | (0.85) % | |||
| Current Valuation | 4.21 M | |||
| Shares Outstanding | 568.21 M | |||
| Shares Owned By Insiders | 5.32 % | |||
| Price To Book | 0.07 X | |||
| Price To Sales | 0.09 X | |||
| Revenue | 1.6 M | |||
| Gross Profit | 184.26 K | |||
| EBITDA | (313.23 K) | |||
| Net Income | (7.83 M) | |||
| Cash And Equivalents | 253.37 K | |||
| Total Debt | 672.79 K | |||
| Debt To Equity | 0.56 % | |||
| Current Ratio | 0.21 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (1.47 M) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | 0.97 | |||
| Market Capitalization | 426.16 K | |||
| Total Asset | 11.34 M | |||
| Net Asset | 11.34 M |
About Cannabis Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cannabis Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cannabis Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cannabis Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ProphetOther Information on Investing in Cannabis Pink Sheet
Cannabis Global financial ratios help investors to determine whether Cannabis Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cannabis with respect to the benefits of owning Cannabis Global security.