Cannabis One Total Debt vs. Current Valuation
Based on the measurements of profitability obtained from Cannabis One's financial statements, Cannabis One Holdings may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in September. Profitability indicators assess Cannabis One's ability to earn profits and add value for shareholders.
Check out Trending Equities.
For Cannabis One profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cannabis One to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cannabis One Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cannabis One's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cannabis One Holdings over time as well as its relative position and ranking within its peers.
Cannabis |
Cannabis One Holdings Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cannabis One's current stock value. Our valuation model uses many indicators to compare Cannabis One value to that of its competitors to determine the firm's financial worth. Cannabis One Holdings is the top company in total debt category among its peers. It is rated below average in current valuation category among its peers reporting about 1.26 of Current Valuation per Total Debt. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cannabis One's earnings, one of the primary drivers of an investment's value.Cannabis Total Debt vs. Competition
Cannabis One Holdings is the top company in total debt category among its peers. Total debt of Drug Manufacturers—Specialty & Generic industry is currently estimated at about 114.49 Million. Cannabis One holds roughly 4.54 Million in total debt claiming about 4% of equities under Drug Manufacturers—Specialty & Generic industry.
Cannabis Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Cannabis One |
| = | 4.54 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Cannabis One |
| = | 5.73 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Cannabis Current Valuation vs Competition
Cannabis One Holdings is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Drug Manufacturers—Specialty & Generic industry is currently estimated at about 337.54 Million. Cannabis One claims roughly 5.73 Million in current valuation contributing just under 2% to equities under Drug Manufacturers—Specialty & Generic industry.
Cannabis One Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cannabis One, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cannabis One will eventually generate negative long term returns. The profitability progress is the general direction of Cannabis One's change in net profit over the period of time. It can combine multiple indicators of Cannabis One, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
INDVR Brands Inc. provides personnel and management resources, and infrastructure and equipment for use in production, cultivation, and dispensary operations of licensed cannabis businesses in the United States. The company was formerly known as Cannabis One Holdings Inc. and changed its name to INDVR Brands Inc. in August 2020. Cannabis One is traded on OTC Exchange in the United States.
Cannabis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cannabis One. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cannabis One position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cannabis One's important profitability drivers and their relationship over time.
Use Cannabis One in pair-trading
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 Cannabis One 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 Cannabis One will appreciate offsetting losses from the drop in the long position's value.Cannabis One Pair Trading
Cannabis One Holdings Pair Trading Analysis
The ability to find closely correlated positions to Cannabis One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cannabis One 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 Cannabis One - 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 Cannabis One Holdings to buy it.
The correlation of Cannabis One 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 Cannabis One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cannabis One Holdings 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 Cannabis One 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.Use Investing Themes to Complement your Cannabis One position
In addition to having Cannabis One in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Housewares Thematic Idea Now
Housewares
Companies making housewares accessories and providing houseware services. The Housewares theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Housewares Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Cannabis Pink Sheet
To fully project Cannabis One's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cannabis One Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cannabis One's income statement, its balance sheet, and the statement of cash flows.