Goodness Growth Holdings Stock Cash And Equivalents
GDNSF Stock | USD 0.58 0.04 7.41% |
Fundamental analysis of Goodness Growth allows traders to better anticipate movements in Goodness Growth's stock price by examining its financial health and performance throughout various phases of its business cycle.
Goodness |
Goodness Growth Holdings OTC Stock Cash And Equivalents Analysis
Goodness Growth's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Goodness Growth Cash And Equivalents | 16.97 M |
Most of Goodness Growth's fundamental indicators, such as Cash And Equivalents, 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, Goodness Growth Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition |
In accordance with the recently published financial statements, Goodness Growth Holdings has 16.97 M in Cash And Equivalents. This is 97.93% lower than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers—Specialty & Generic industry. The cash and equivalents for all United States stocks is 99.37% higher than that of the company.
Goodness Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goodness Growth's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Goodness Growth could also be used in its relative valuation, which is a method of valuing Goodness Growth by comparing valuation metrics of similar companies.Goodness Growth is currently under evaluation in cash and equivalents category among its peers.
Goodness Fundamentals
Return On Equity | -1.25 | |||
Return On Asset | -0.0589 | |||
Profit Margin | (0.61) % | |||
Operating Margin | (0.23) % | |||
Current Valuation | 149.75 M | |||
Shares Outstanding | 86.72 M | |||
Shares Owned By Insiders | 0.99 % | |||
Shares Owned By Institutions | 6.04 % | |||
Price To Book | 2.05 X | |||
Price To Sales | 0.45 X | |||
Revenue | 54.45 M | |||
Gross Profit | 19.8 M | |||
EBITDA | (17.55 M) | |||
Net Income | (33.69 M) | |||
Cash And Equivalents | 16.97 M | |||
Cash Per Share | 0.13 X | |||
Total Debt | 27.33 M | |||
Debt To Equity | 5.34 % | |||
Current Ratio | 2.50 X | |||
Book Value Per Share | 0.13 X | |||
Cash Flow From Operations | (30.52 M) | |||
Earnings Per Share | (0.33) X | |||
Target Price | 0.4 | |||
Number Of Employees | 500 | |||
Beta | 1.63 | |||
Market Capitalization | 23.67 M | |||
Total Asset | 166.97 M | |||
Net Asset | 166.97 M |
About Goodness Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Goodness Growth Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goodness Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goodness Growth Holdings based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Other Information on Investing in Goodness OTC Stock
Goodness Growth financial ratios help investors to determine whether Goodness OTC Stock 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 Goodness with respect to the benefits of owning Goodness Growth security.