General Cannabis Corp Stock Working Capital
| CANN Stock | USD 0.09 0 4.10% |
General Cannabis Corp fundamentals help investors to digest information that contributes to General Cannabis' financial success or failures. It also enables traders to predict the movement of General OTC Stock. The fundamental analysis module provides a way to measure General Cannabis' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to General Cannabis otc stock.
General |
General Cannabis Corp OTC Stock Working Capital Analysis
General Cannabis' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current General Cannabis Working Capital | (16.51 M) |
Most of General Cannabis' fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, General Cannabis Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
In accordance with the company's disclosures, General Cannabis Corp has a Working Capital of (16.51 Million). This is 103.88% lower than that of the Commercial Services & Supplies sector and significantly lower than that of the Industrials industry. The working capital for all United States stocks is 101.12% higher than that of the company.
General Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses General Cannabis' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of General Cannabis could also be used in its relative valuation, which is a method of valuing General Cannabis by comparing valuation metrics of similar companies.General Cannabis is currently under evaluation in working capital category among related companies.
General Fundamentals
| Return On Equity | -0.73 | |||
| Return On Asset | -0.0299 | |||
| Profit Margin | (0.59) % | |||
| Operating Margin | (0.09) % | |||
| Current Valuation | 35.32 M | |||
| Shares Outstanding | 114.17 M | |||
| Shares Owned By Insiders | 82.81 % | |||
| Price To Earning | (0.58) X | |||
| Price To Book | 2.67 X | |||
| Price To Sales | 1.23 X | |||
| Revenue | 5.93 M | |||
| Gross Profit | 1.49 M | |||
| EBITDA | (6.6 M) | |||
| Net Income | (8.87 M) | |||
| Cash And Equivalents | 1.07 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 5.91 M | |||
| Debt To Equity | 0.99 % | |||
| Current Ratio | 0.61 X | |||
| Book Value Per Share | 0.08 X | |||
| Cash Flow From Operations | (2.65 M) | |||
| Earnings Per Share | (0.09) X | |||
| Number Of Employees | 77 | |||
| Beta | 1.09 | |||
| Market Capitalization | 18.61 M | |||
| Total Asset | 22.02 M | |||
| Retained Earnings | (33.4 M) | |||
| Working Capital | (16.51 M) | |||
| Current Asset | 1.42 M | |||
| Current Liabilities | 17.93 M | |||
| Z Score | 0.4 | |||
| Net Asset | 22.02 M |
About General Cannabis Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze General Cannabis Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of General Cannabis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of General Cannabis Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 General Cannabis 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, General Cannabis' short interest history, or implied volatility extrapolated from General Cannabis options trading.
Pair Trading with General Cannabis
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 General Cannabis 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 General Cannabis will appreciate offsetting losses from the drop in the long position's value.Moving against General OTC Stock
| 0.51 | NIO | Nio Class A Aggressive Push | PairCorr |
| 0.44 | LCID | Lucid Group Buyout Trend | PairCorr |
| 0.42 | SIRI | Sirius XM Holding Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to General Cannabis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace General Cannabis 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 General Cannabis - 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 General Cannabis Corp to buy it.
The correlation of General Cannabis 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 General Cannabis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if General Cannabis 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 General Cannabis 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in General 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for General OTC Stock analysis
When running General Cannabis' price analysis, check to measure General 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 General Cannabis is operating at the current time. Most of General Cannabis' value examination focuses on studying past and present price action to predict the probability of General Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Cannabis' price. Additionally, you may evaluate how the addition of General Cannabis to your portfolios can decrease your overall portfolio volatility.
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