Artelo Financial Statements From 2010 to 2024

ARTL Stock  USD 1.31  0.01  0.77%   
Artelo Biosciences financial statements provide useful quarterly and yearly information to potential Artelo Biosciences investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Artelo Biosciences financial statements helps investors assess Artelo Biosciences' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Artelo Biosciences' valuation are summarized below:
Market Capitalization
4.2 M
Earnings Share
(3.14)
There are over one hundred fifteen available fundamental signals for Artelo Biosciences, which can be analyzed over time and compared to other ratios. We recommend to validate Artelo Biosciences' prevailing fundamental drivers against the all of the trends between 2010 and 2024.
Check Artelo Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Artelo main balance sheet or income statement drivers, such as Interest Expense of 6 K, Selling General Administrative of 7.2 M or Total Revenue of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.46. Artelo financial statements analysis is a perfect complement when working with Artelo Biosciences Valuation or Volatility modules.
  
This module can also supplement various Artelo Biosciences Technical models . Check out the analysis of Artelo Biosciences Correlation against competitors.
For more information on how to buy Artelo Stock please use our How to buy in Artelo Stock guide.

Artelo Biosciences Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets24.7 M23.5 M7.6 M
Slightly volatile
Cash8.3 M7.9 M2.9 M
Slightly volatile
Cash And Short Term Investments21.2 M20.2 M6.3 M
Slightly volatile
Common Stock Total Equity6.3 K4.5 K6.6 K
Pretty Stable
Common Stock Shares Outstanding3.4 M3.3 M959.5 K
Slightly volatile
Liabilities And Stockholders Equity24.7 M23.5 M7.6 M
Slightly volatile
Other Stockholder Equity61.2 M58.3 M18.5 M
Slightly volatile
Total Current Assets22.1 M21.1 M6.5 M
Slightly volatile
Common Stock3.3 K3.5 K7.4 K
Very volatile
Other Current Liabilities103.5 K61 K65.1 K
Pretty Stable
Total Current Liabilities1.2 M1.1 M465.7 K
Slightly volatile
Accounts Payable1.1 MM390.3 K
Slightly volatile
Capital Surpluse12.4 M11.8 M5.3 M
Slightly volatile
Non Current Liabilities Total19.7 K20.7 K108.5 K
Pretty Stable
Property Plant And Equipment Net38.8 K69 K21.6 K
Slightly volatile
Property Plant And Equipment Gross31.6 K24.1 K15.5 K
Slightly volatile
Capital Stock2.6 K2.7 K10.4 K
Slightly volatile
Short and Long Term Debt Total63.2 K56.7 K86.1 K
Slightly volatile

Artelo Biosciences Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative7.2 M6.9 M2.5 M
Slightly volatile
Other Operating Expenses12.4 M11.8 M4.2 M
Slightly volatile
Total Operating Expenses12.4 M11.8 M4.2 M
Slightly volatile
Research Development5.2 MM2.3 M
Slightly volatile
Reconciled Depreciation441358333
Slightly volatile
Interest Income855900604.2 K
Slightly volatile

Artelo Biosciences Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow8.3 M7.9 M2.9 M
Slightly volatile
Begin Period Cash Flow14.7 M14 MM
Slightly volatile
Depreciation435358354
Slightly volatile
Stock Based CompensationM2.8 M890.5 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Invested Capital0.00610.00370.0069
Slightly volatile
Average Payables472.2 K482.5 K439 K
Pretty Stable
Cash Per Share5.925.575.7336
Slightly volatile
Capex To Operating Cash Flow0.510.480.2454
Slightly volatile
Income Quality0.70.710.8471
Pretty Stable
Intangibles To Total Assets0.110.09980.2586
Slightly volatile
Net Debt To EBITDA0.960.760.8754
Pretty Stable
Current Ratio17.3516.5211.2418
Slightly volatile
Graham Number28.0120.8726.379
Slightly volatile
Debt To Equity0.00610.00370.0069
Slightly volatile
Average Receivables8.5 K5.1 K8.3 K
Slightly volatile
Interest Debt Per Share0.04750.02760.0422
Pretty Stable
Debt To Assets0.00580.00350.0066
Slightly volatile
Ebt Per Ebit0.740.880.9327
Slightly volatile
Long Term Debt To Capitalization0.00130.00140.0044
Slightly volatile
Total Debt To Capitalization0.00610.00370.0068
Slightly volatile
Debt Equity Ratio0.00610.00370.0069
Slightly volatile
Quick Ratio16.615.8110.9725
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.032.14K
Slightly volatile
Net Income Per E B T0.780.880.9594
Slightly volatile
Cash Ratio8.07.948.0135
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio1.021.381.2061
Slightly volatile
Capital Expenditure Coverage Ratio2.032.14K
Slightly volatile
Debt Ratio0.00580.00350.0066
Slightly volatile

Artelo Biosciences Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.6 MM4.4 M
Slightly volatile
Enterprise Value3.5 MM4.3 M
Slightly volatile

Artelo Fundamental Market Drivers

Cash And Short Term Investments17.5 M

Artelo Upcoming Events

29th of March 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Artelo Biosciences Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Artelo Biosciences income statement, its balance sheet, and the statement of cash flows. Artelo Biosciences investors use historical funamental indicators, such as Artelo Biosciences's revenue or net income, to determine how well the company is positioned to perform in the future. Although Artelo Biosciences investors may use each financial statement separately, they are all related. The changes in Artelo Biosciences's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Artelo Biosciences's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Artelo Biosciences Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Artelo Biosciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue 0.00  0.00 
Cost Of Revenue 0.00  0.00 
Stock Based Compensation To Revenue 0.00  0.00 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue 0.00  0.00 
Revenue Per Share 0.00  0.00 
Ebit Per Revenue 0.00  0.00 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Artelo Biosciences in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Artelo Biosciences' short interest history, or implied volatility extrapolated from Artelo Biosciences options trading.

Pair Trading with Artelo Biosciences

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 Artelo Biosciences 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 Artelo Biosciences will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Artelo Biosciences could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Artelo Biosciences 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 Artelo Biosciences - 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 Artelo Biosciences to buy it.
The correlation of Artelo Biosciences 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 Artelo Biosciences moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Artelo Biosciences 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 Artelo Biosciences 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 Artelo Biosciences is a strong investment it is important to analyze Artelo Biosciences' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Artelo Biosciences' future performance. For an informed investment choice regarding Artelo Stock, refer to the following important reports:
Check out the analysis of Artelo Biosciences Correlation against competitors.
For more information on how to buy Artelo Stock please use our How to buy in Artelo Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Artelo Biosciences' price analysis, check to measure Artelo Biosciences' 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 Artelo Biosciences is operating at the current time. Most of Artelo Biosciences' value examination focuses on studying past and present price action to predict the probability of Artelo Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artelo Biosciences' price. Additionally, you may evaluate how the addition of Artelo Biosciences to your portfolios can decrease your overall portfolio volatility.
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Is Artelo Biosciences' industry 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 Artelo Biosciences. If investors know Artelo 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 Artelo Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.14)
Return On Assets
(0.37)
Return On Equity
(0.60)
The market value of Artelo Biosciences is measured differently than its book value, which is the value of Artelo that is recorded on the company's balance sheet. Investors also form their own opinion of Artelo Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Artelo Biosciences' 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 Artelo Biosciences' market value can be influenced by many factors that don't directly affect Artelo Biosciences' 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 Artelo Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Artelo Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Artelo Biosciences' 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.