High Sierra Financials
Based on the key measurements obtained from High Sierra's financial statements, High Sierra Technologies is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May.
With this module, you can analyze High financials for your investing period. You should be able to track the changes in High Sierra individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
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Understanding current and past High Sierra Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of High Sierra's financial statements are interrelated, with each one affecting the others. For example, an increase in High Sierra's assets may result in an increase in income on the income statement.
The data published in High Sierra's official financial statements usually reflect High Sierra's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of High Sierra Technologies. For example, before you start analyzing numbers published by High accountants, it's critical to develop an understanding of what High Sierra's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of High Sierra's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, High Sierra's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in High Sierra's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of High Sierra Technologies. Please utilize our Beneish M Score to check the likelihood of High Sierra's management manipulating its earnings.
High Sierra Stock Summary
High Sierra competes with FSD Pharma. High Sierra Technologies, Inc. focuses on the development of patents and other products used in the processing of recreational cannabis and industrial hemp. Its patent portfolio includes low odor cannabis and hemp for smoking or as the starting materials for producing low odor cannabis and hemp products or flavored cannabis and hemp products. High Sierra operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| Business Address | 1495 Ridgeview Drive, |
| Sector | Healthcare |
| Industry | Drug Manufacturers—Specialty & Generic |
| Benchmark | NYSE Composite |
| Website | high-sierra.com |
| Phone | 775 410 4100 |
| Currency | USD - US Dollar |
You should never invest in High Sierra without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of High OTC Stock, because this is throwing your money away. Analyzing the key information contained in High Sierra's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
High Sierra Key Financial Ratios
Generally speaking, High Sierra's financial ratios allow both analysts and investors to convert raw data from High Sierra's financial statements into concise, actionable information that can be used to evaluate the performance of High Sierra over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that High Sierra Technologies reports annually and quarterly.| Return On Asset | -0.91 | |||
| Beta | -0.49 |
High Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining High Sierra's current stock value. Our valuation model uses many indicators to compare High Sierra value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across High Sierra competition to find correlations between indicators driving High Sierra's intrinsic value. More Info.High Sierra Technologies is one of the top stocks in return on asset category among related companies. It is rated as one of the top companies in current valuation category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value High Sierra by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for High Sierra's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 High Sierra's earnings, one of the primary drivers of an investment's value.High Sierra Technologies Systematic Risk
High Sierra's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. High Sierra volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on High Sierra Technologies correlated with the market. If Beta is less than 0 High Sierra generally moves in the opposite direction as compared to the market. If High Sierra Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one High Sierra Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of High Sierra is generally in the same direction as the market. If Beta > 1 High Sierra moves generally in the same direction as, but more than the movement of the benchmark.
About High Sierra Financials
What exactly are High Sierra Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include High Sierra's income statement, its balance sheet, and the statement of cash flows. Potential High Sierra investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although High Sierra investors may use each financial statement separately, they are all related. The changes in High Sierra's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on High Sierra'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. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze High Sierra Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as High Sierra is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of High has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if High Sierra's financials are consistent with your investment objective using the following steps:- Review High Sierra's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand High Sierra's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare High Sierra's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if High Sierra's stock is overvalued or undervalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Sierra Technologies. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for High OTC Stock analysis
When running High Sierra's price analysis, check to measure High Sierra'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 High Sierra is operating at the current time. Most of High Sierra's value examination focuses on studying past and present price action to predict the probability of High Sierra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Sierra's price. Additionally, you may evaluate how the addition of High Sierra to your portfolios can decrease your overall portfolio volatility.
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