Akanda Historical Financial Ratios

AKAN Stock  USD 1.67  0.03  1.76%   
Akanda Corp is presently reporting on over 86 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0, Days Sales Outstanding of 45.67 or Invested Capital of 0.0 will help investors to properly organize and evaluate Akanda Corp financial condition quickly.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akanda Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide.

About Akanda Financial Ratios Analysis

Akanda CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Akanda Corp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Akanda financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Akanda Corp history.

Akanda Corp Financial Ratios Chart

At this time, Akanda Corp's Average Payables is very stable compared to the past year. As of the 5th of December 2024, Days Of Inventory On Hand is likely to grow to 240.75, while Price To Sales Ratio is likely to drop 68.16.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Akanda Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Akanda Corp sales, a figure that is much harder to manipulate than other Akanda Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most ratios from Akanda Corp's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Akanda Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akanda Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide.At this time, Akanda Corp's Average Payables is very stable compared to the past year. As of the 5th of December 2024, Days Of Inventory On Hand is likely to grow to 240.75, while Price To Sales Ratio is likely to drop 68.16.
 2021 2022 2023 2024 (projected)
ROE4.190.01488.438.85
Income Quality0.810.980.04650.0442

Akanda Corp fundamentals Correlations

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-0.26-0.730.56-0.520.020.65-0.51.0-0.260.08-0.480.020.930.75-0.47-0.27-0.27-0.70.25-0.640.250.27-0.21-0.30.2
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-0.660.56-0.69-0.97-0.810.52-0.670.56-0.66-0.77-0.13-0.660.3-0.010.13-0.62-0.660.120.66-1.00.60.73-0.610.470.08
0.46-0.520.51-0.970.82-0.310.49-0.520.460.8-0.10.51-0.32-0.060.030.420.46-0.05-0.480.96-0.42-0.560.41-0.610.17
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-0.830.65-0.970.52-0.31-0.12-0.90.65-0.83-0.03-0.91-0.580.390.090.34-0.85-0.84-0.060.77-0.570.780.78-0.82-0.460.85
0.91-0.50.92-0.670.490.44-0.9-0.50.910.350.720.76-0.160.13-0.480.910.91-0.18-0.960.7-0.96-0.940.90.11-0.73
-0.261.0-0.730.56-0.520.020.65-0.5-0.260.08-0.480.020.930.75-0.47-0.27-0.27-0.70.25-0.640.250.27-0.21-0.30.2
1.0-0.260.84-0.660.460.56-0.830.91-0.260.490.660.930.080.42-0.721.01.0-0.47-0.950.65-0.92-0.981.00.01-0.76
0.490.080.2-0.770.81.0-0.030.350.080.49-0.330.710.320.52-0.410.440.48-0.61-0.520.7-0.45-0.590.47-0.860.19
0.66-0.480.8-0.13-0.1-0.24-0.910.72-0.480.66-0.330.36-0.3-0.1-0.330.70.660.12-0.580.19-0.62-0.560.660.75-0.94
0.930.020.62-0.660.510.76-0.580.760.020.930.710.360.360.67-0.830.920.93-0.72-0.90.62-0.85-0.940.94-0.29-0.55
0.080.93-0.460.3-0.320.280.39-0.160.930.080.32-0.30.360.93-0.720.080.08-0.89-0.13-0.38-0.11-0.10.14-0.38-0.02
0.420.75-0.13-0.01-0.060.510.090.130.750.420.52-0.10.670.93-0.90.410.41-0.99-0.41-0.08-0.37-0.420.46-0.4-0.22
-0.72-0.47-0.260.130.03-0.430.34-0.48-0.47-0.72-0.41-0.33-0.83-0.72-0.9-0.72-0.720.890.68-0.080.660.68-0.760.090.62
1.0-0.270.85-0.620.420.51-0.850.91-0.271.00.440.70.920.080.41-0.721.0-0.45-0.940.62-0.92-0.971.00.07-0.79
1.0-0.270.85-0.660.460.56-0.840.91-0.271.00.480.660.930.080.41-0.721.0-0.46-0.950.66-0.92-0.981.00.02-0.76
-0.47-0.70.080.12-0.05-0.6-0.06-0.18-0.7-0.47-0.610.12-0.72-0.89-0.990.89-0.45-0.460.46-0.030.420.48-0.510.470.2
-0.950.25-0.790.66-0.48-0.60.77-0.960.25-0.95-0.52-0.58-0.9-0.13-0.410.68-0.94-0.950.46-0.650.990.99-0.940.090.68
0.65-0.640.74-1.00.960.75-0.570.7-0.640.650.70.190.62-0.38-0.08-0.080.620.66-0.03-0.65-0.6-0.720.61-0.39-0.11
-0.920.25-0.780.6-0.42-0.530.78-0.960.25-0.92-0.45-0.62-0.85-0.11-0.370.66-0.92-0.920.420.99-0.60.96-0.920.020.7
-0.980.27-0.820.73-0.56-0.660.78-0.940.27-0.98-0.59-0.56-0.94-0.1-0.420.68-0.97-0.980.480.99-0.720.96-0.970.130.65
1.0-0.210.82-0.610.410.54-0.820.9-0.211.00.470.660.940.140.46-0.761.01.0-0.51-0.940.61-0.92-0.970.03-0.77
0.02-0.30.280.47-0.61-0.82-0.460.11-0.30.01-0.860.75-0.29-0.38-0.40.090.070.020.470.09-0.390.020.130.03-0.63
-0.760.2-0.710.080.170.110.85-0.730.2-0.760.19-0.94-0.55-0.02-0.220.62-0.79-0.760.20.68-0.110.70.65-0.77-0.63
Click cells to compare fundamentals

Akanda Corp Account Relationship Matchups

Pair Trading with Akanda Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Akanda Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Akanda Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Akanda Stock

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Moving against Akanda Stock

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  0.62VCEL Vericel Corp OrdPairCorr
The ability to find closely correlated positions to Akanda Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akanda Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Akanda Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Akanda Corp to buy it.
The correlation of Akanda Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Akanda Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akanda Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Akanda Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Akanda Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akanda Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Akanda Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Akanda Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akanda Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Akanda Corp. If investors know Akanda will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Akanda Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(524.76)
Revenue Per Share
9.388
Quarterly Revenue Growth
2.705
Return On Assets
(0.26)
Return On Equity
(2.43)
The market value of Akanda Corp is measured differently than its book value, which is the value of Akanda that is recorded on the company's balance sheet. Investors also form their own opinion of Akanda Corp's value that differs from its market value or its book value, called intrinsic value, which is Akanda Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Akanda Corp's market value can be influenced by many factors that don't directly affect Akanda Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Akanda Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akanda Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akanda Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.