Avricore Financial Statements From 2010 to 2024

AVCR Stock  CAD 0.13  0.01  7.14%   
Avricore Health financial statements provide useful quarterly and yearly information to potential Avricore Health 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 Avricore Health financial statements helps investors assess Avricore Health's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Avricore Health's valuation are summarized below:
Gross Profit
30.5 K
Profit Margin
(0.32)
Market Capitalization
13 M
Enterprise Value Revenue
3.8919
Revenue
3.1 M
There are over one hundred eleven available fundamental signals for Avricore Health, which can be analyzed over time and compared to other ratios. All traders should should validate Avricore Health's prevailing fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable.
Check Avricore Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avricore main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 1.3 M or Total Revenue of 3.3 M, as well as many exotic indicators such as Price To Sales Ratio of 14.9, Dividend Yield of 0.0 or Operating Cycle of 136. Avricore financial statements analysis is a perfect complement when working with Avricore Health Valuation or Volatility modules.
  
This module can also supplement various Avricore Health Technical models . Check out the analysis of Avricore Health Correlation against competitors.

Avricore Health Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.5 M2.3 M2.4 M
Slightly volatile
Total Current Liabilities527.6 K695.6 K419.4 K
Slightly volatile
Accounts Payable227.7 K300.7 K182.7 K
Slightly volatile
Cash615.8 K558.5 K1.2 M
Slightly volatile
Net Receivables707 K673.3 K288.9 K
Slightly volatile
Other Current Assets20.5 K13.8 K13.5 K
Slightly volatile
Total Liabilities527.6 K695.6 K419.4 K
Slightly volatile
Total Current Assets1.2 M1.3 M2.1 M
Slightly volatile
Common Stock22.2 M30.6 M20 M
Slightly volatile
Property Plant Equipment59.8 K104.5 K60.4 K
Slightly volatile
Non Current Assets Total1.4 M1.3 M388.8 K
Slightly volatile
Other Stockholder Equity5.7 M6.7 M4.9 M
Slightly volatile
Common Stock Shares Outstanding71 M113.4 M51.1 M
Slightly volatile
Intangible Assets25.5 K26.9 K641.9 K
Slightly volatile
Capital Stock26 M31.1 M22.8 M
Slightly volatile
Net Debt559.1 K629 K684.9 K
Slightly volatile
Short and Long Term Debt34.2 K36 K744.5 K
Slightly volatile

Avricore Health Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative1.3 M1.9 M1.4 M
Slightly volatile
Total Revenue3.3 M3.1 M736.3 K
Slightly volatile
Gross Profit914.3 K870.8 K228.7 K
Slightly volatile
Research Development218.1 K289.2 K183.9 K
Slightly volatile
Cost Of Revenue2.3 M2.2 M507.7 K
Slightly volatile
Total Operating Expenses2.8 M4.1 M2.5 M
Very volatile
Reconciled Depreciation214.5 K365.6 K111.7 K
Slightly volatile

Avricore Health Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation383.9 K365.6 K122.3 K
Slightly volatile
Capital Expenditures1.2 M1.1 M273.4 K
Slightly volatile
Total Cash From Financing Activities244.5 K257.4 KM
Slightly volatile
Change To Netincome857.9 K480.8 K1.2 M
Slightly volatile
End Period Cash Flow606.5 K389.5 K505.5 K
Pretty Stable
Begin Period Cash Flow671 K869.1 K528.9 K
Slightly volatile
Other Non Cash Items66.9 K44.2 K55.6 K
Very volatile
Stock Based Compensation406.5 K803.8 K202.1 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio14.915.69757
Slightly volatile
Operating Cycle13614314.7 K
Slightly volatile
Days Of Payables Outstanding62.2265.497.8 K
Slightly volatile
Inventory Turnover4.082.111.2653
Slightly volatile
Payables Turnover6.065.772.6646
Slightly volatile
Cash Per Share0.0070.00740.1547
Slightly volatile
Quick Ratio2.532.665.2302
Very volatile
Dividend Paid And Capex Coverage Ratio0.40.4286.9423
Pretty Stable
Net Income Per E B T0.820.991.0659
Slightly volatile
Cash Ratio1.121.184.1789
Very volatile
Days Of Sales Outstanding174183719
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio3.533.361.5495
Slightly volatile
Current Ratio2.582.725.9329
Very volatile
Fixed Asset Turnover1.741.846.2377
Very volatile
Capital Expenditure Coverage Ratio0.40.4286.9423
Pretty Stable
Debt Ratio0.0170.01790.2247
Pretty Stable
Price Sales Ratio14.915.69757
Slightly volatile
Receivables Turnover3.752.642.0487
Very volatile
Asset Turnover0.470.620.505
Pretty Stable

About Avricore Health Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Avricore Health income statement, its balance sheet, and the statement of cash flows. Avricore Health investors use historical funamental indicators, such as Avricore Health's revenue or net income, to determine how well the company is positioned to perform in the future. Although Avricore Health investors may use each financial statement separately, they are all related. The changes in Avricore Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avricore Health'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 Avricore Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Avricore Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Total Revenue3.1 M3.3 M
Cost Of Revenue2.2 M2.3 M
Ebit Per Revenue(0.53)(0.55)

Pair Trading with Avricore Health

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 Avricore Health 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 Avricore Health will appreciate offsetting losses from the drop in the long position's value.

Moving against Avricore Stock

  0.72OGI OrganiGram HoldingsPairCorr
  0.69DRT DIRTT EnvironmentalPairCorr
  0.66WMT Walmart Inc CDRPairCorr
  0.61DR Medical FacilitiesPairCorr
  0.61BET NorthStar Gaming HoldingsPairCorr
The ability to find closely correlated positions to Avricore Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avricore Health 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 Avricore Health - 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 Avricore Health to buy it.
The correlation of Avricore Health 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 Avricore Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avricore Health 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 Avricore Health 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
Check out the analysis of Avricore Health Correlation against competitors.
Note that the Avricore Health information on this page should be used as a complementary analysis to other Avricore Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Avricore Stock analysis

When running Avricore Health's price analysis, check to measure Avricore Health's 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 Avricore Health is operating at the current time. Most of Avricore Health's value examination focuses on studying past and present price action to predict the probability of Avricore Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avricore Health's price. Additionally, you may evaluate how the addition of Avricore Health to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Please note, there is a significant difference between Avricore Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avricore Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avricore Health'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.