Trulieve Cannabis Financials
| TCNNF Stock | USD 10.86 0.22 2.07% |
With this module, you can analyze Trulieve financials for your investing period. You should be able to track the changes in Trulieve Cannabis individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Trulieve |
Understanding current and past Trulieve Cannabis Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Trulieve Cannabis' financial statements are interrelated, with each one affecting the others. For example, an increase in Trulieve Cannabis' assets may result in an increase in income on the income statement.
The data published in Trulieve Cannabis' official financial statements usually reflect Trulieve Cannabis' 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 Trulieve Cannabis Corp. For example, before you start analyzing numbers published by Trulieve accountants, it's critical to develop an understanding of what Trulieve Cannabis' liquidity, profitability, and earnings quality are in the context of the Pharmaceuticals space in which it operates.
Please note, the presentation of Trulieve Cannabis' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Trulieve Cannabis' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Trulieve Cannabis' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Trulieve Cannabis Corp. Please utilize our Beneish M Score to check the likelihood of Trulieve Cannabis' management manipulating its earnings.
Trulieve Cannabis Stock Summary
Trulieve Cannabis competes with Silo Pharma, Protagenic Therapeutics, and Eledon Pharmaceuticals. Trulieve Cannabis Corp., together with its subsidiaries, operates as a medical cannabis company. Trulieve Cannabis Corp. was incorporated in 1940 and is headquartered in Quincy, Florida. TRULIEVE CANNABIS operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 8000 people.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| ISIN | CA89788C1041 |
| Business Address | 6749 Ben Bostic |
| Sector | Pharmaceuticals |
| Industry | Health Care |
| Benchmark | NYSE Composite |
| Website | www.trulieve.com |
| Phone | 850 480 7955 |
| Currency | USD - US Dollar |
You should never invest in Trulieve Cannabis without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Trulieve OTC Stock, because this is throwing your money away. Analyzing the key information contained in Trulieve Cannabis' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Trulieve Cannabis Key Financial Ratios
Generally speaking, Trulieve Cannabis' financial ratios allow both analysts and investors to convert raw data from Trulieve Cannabis' financial statements into concise, actionable information that can be used to evaluate the performance of Trulieve Cannabis 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 Trulieve Cannabis Corp reports annually and quarterly.| Return On Equity | -0.14 | |||
| Return On Asset | 0.0479 | |||
| Target Price | 22.04 |
Trulieve Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Trulieve Cannabis's current stock value. Our valuation model uses many indicators to compare Trulieve Cannabis value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Trulieve Cannabis competition to find correlations between indicators driving Trulieve Cannabis's intrinsic value. More Info.Trulieve Cannabis Corp is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Trulieve Cannabis by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Trulieve Cannabis' 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 Trulieve Cannabis' earnings, one of the primary drivers of an investment's value.Trulieve Cannabis Corp Systematic Risk
Trulieve Cannabis' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Trulieve Cannabis 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 output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Trulieve Cannabis Corp correlated with the market. If Beta is less than 0 Trulieve Cannabis generally moves in the opposite direction as compared to the market. If Trulieve Cannabis Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Trulieve Cannabis Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Trulieve Cannabis is generally in the same direction as the market. If Beta > 1 Trulieve Cannabis moves generally in the same direction as, but more than the movement of the benchmark.
About Trulieve Cannabis Financials
What exactly are Trulieve Cannabis 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 Trulieve Cannabis' income statement, its balance sheet, and the statement of cash flows. Potential Trulieve Cannabis investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Trulieve Cannabis investors may use each financial statement separately, they are all related. The changes in Trulieve Cannabis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Trulieve Cannabis'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 Trulieve Cannabis 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 Trulieve Cannabis 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 Trulieve 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 Trulieve Cannabis' financials are consistent with your investment objective using the following steps:- Review Trulieve Cannabis' 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 Trulieve Cannabis' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Trulieve Cannabis' 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 Trulieve Cannabis' stock is overvalued or undervalued.
Trulieve Cannabis April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Trulieve Cannabis help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Trulieve Cannabis Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Trulieve Cannabis Corp based on widely used predictive technical indicators. In general, we focus on analyzing Trulieve OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Trulieve Cannabis's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.51 | |||
| Information Ratio | 0.1333 | |||
| Maximum Drawdown | 26.64 | |||
| Value At Risk | (5.95) | |||
| Potential Upside | 11.39 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trulieve Cannabis Corp. 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 board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Trulieve OTC Stock analysis
When running Trulieve Cannabis' price analysis, check to measure Trulieve Cannabis' 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 Trulieve Cannabis is operating at the current time. Most of Trulieve Cannabis' value examination focuses on studying past and present price action to predict the probability of Trulieve Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trulieve Cannabis' price. Additionally, you may evaluate how the addition of Trulieve Cannabis to your portfolios can decrease your overall portfolio volatility.
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