Can Financial Statements From 2010 to 2024
| CANB Stock | USD 0.04 0 9.38% |
Gross Profit 2.6 M | Market Capitalization 1.5 M | Enterprise Value Revenue 7.0866 | Revenue 2.2 M | Earnings Share (0.77) |
Can B Total Revenue |
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Check Can B financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Can main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 2.6 M or Selling General Administrative of 3.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 2.85 or Days Sales Outstanding of 662. Can financial statements analysis is a perfect complement when working with Can B Valuation or Volatility modules.
Can | Select Account or Indicator |
Can B Balance Sheet | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Can B Income Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Can B Cash Flow Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Can B Valuation Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Can Fundamental Market Drivers
| Forward Price Earnings | 8.8496 | |
| Cash And Short Term Investments | 34 K |
About Can B Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Can B income statement, its balance sheet, and the statement of cash flows. Can B investors use historical funamental indicators, such as Can B's revenue or net income, to determine how well the company is positioned to perform in the future. Although Can B investors may use each financial statement separately, they are all related. The changes in Can B's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Can B'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 Can B Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Can B. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 145.2 K | 140.1 K | |
| Total Revenue | 2.2 M | 1.5 M | |
| Cost Of Revenue | 1.8 M | 1.9 M | |
| Stock Based Compensation To Revenue | 0.67 | 0.64 | |
| Sales General And Administrative To Revenue | 2.20 | 2.09 | |
| Research And Ddevelopement To Revenue | 0.11 | 0.21 | |
| Capex To Revenue | (0.01) | (0.01) | |
| Revenue Per Share | 0.17 | 0.16 | |
| Ebit Per Revenue | (3.47) | (3.65) |
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 Can B 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, Can B's short interest history, or implied volatility extrapolated from Can B options trading.
Pair Trading with Can B
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 Can B 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 Can B will appreciate offsetting losses from the drop in the long position's value.Moving against Can Stock
| 0.68 | ACB | Aurora Cannabis Trending | PairCorr |
| 0.65 | CGC | Canopy Growth Corp Trending | PairCorr |
The ability to find closely correlated positions to Can B could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Can B 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 Can B - 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 Can B Corp to buy it.
The correlation of Can B 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 Can B moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Can B 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 Can B 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.Check out the analysis of Can B Correlation against competitors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Can Stock analysis
When running Can B's price analysis, check to measure Can B'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 Can B is operating at the current time. Most of Can B's value examination focuses on studying past and present price action to predict the probability of Can B's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Can B's price. Additionally, you may evaluate how the addition of Can B to your portfolios can decrease your overall portfolio volatility.
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Is Can B's 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 Can B. If investors know Can 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 Can B listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.77) | Revenue Per Share 0.171 | Quarterly Revenue Growth (0.43) | Return On Assets (0.36) | Return On Equity (11.48) |
The market value of Can B Corp is measured differently than its book value, which is the value of Can that is recorded on the company's balance sheet. Investors also form their own opinion of Can B's value that differs from its market value or its book value, called intrinsic value, which is Can B'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 Can B's market value can be influenced by many factors that don't directly affect Can B'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 Can B's value and its price as these two are different measures arrived at by different means. Investors typically determine if Can B is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Can B'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.