Cannabusiness Group Stock Total Debt
Cannabusiness Group fundamentals help investors to digest information that contributes to Cannabusiness' financial success or failures. It also enables traders to predict the movement of Cannabusiness Stock. The fundamental analysis module provides a way to measure Cannabusiness' 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 Cannabusiness stock.
Cannabusiness | Total Debt |
Cannabusiness Group Company Total Debt Analysis
Cannabusiness' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Cannabusiness Long Term Debt
Long Term Debt |
|
Based on the latest financial disclosure, Cannabusiness Group has a Total Debt of 0.0. This is 100.0% lower than that of the Pharmaceuticals sector and about the same as Health Care (which currently averages 0.0) industry. The total debt for all United States stocks is 100.0% higher than that of the company.
Cannabusiness Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cannabusiness' direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cannabusiness could also be used in its relative valuation, which is a method of valuing Cannabusiness by comparing valuation metrics of similar companies.Cannabusiness is currently under evaluation in total debt category among related companies.
Cannabusiness Fundamentals
| Profit Margin | (0.33) % | ||||
| Operating Margin | (0.48) % | ||||
| Current Valuation | 124.96 K | ||||
| Price To Sales | 0.01 X | ||||
| Revenue | 950.32 K | ||||
| Gross Profit | 646.84 K | ||||
| Net Income | (816.12 K) | ||||
| Cash Flow From Operations | (67.51 K) | ||||
| Beta | -93.23 | ||||
| Market Capitalization | 12.5 K | ||||
| Total Asset | 2.35 M | ||||
| Retained Earnings | (2.29 M) | ||||
| Current Asset | 2.09 M | ||||
| Current Liabilities | 2.08 M | ||||
| Net Asset | 2.35 M |
About Cannabusiness Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cannabusiness Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cannabusiness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cannabusiness Group based on its fundamental data. In general, a quantitative approach, as applied to this company, 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 Cannabusiness 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, Cannabusiness' short interest history, or implied volatility extrapolated from Cannabusiness options trading.
Pair Trading with Cannabusiness
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 Cannabusiness 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 Cannabusiness will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Cannabusiness could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cannabusiness 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 Cannabusiness - 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 Cannabusiness Group to buy it.
The correlation of Cannabusiness 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 Cannabusiness moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cannabusiness Group 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 Cannabusiness 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 Cannabusiness Piotroski F Score and Cannabusiness Altman Z Score analysis. Note that the Cannabusiness Group information on this page should be used as a complementary analysis to other Cannabusiness' 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Cannabusiness Stock analysis
When running Cannabusiness' price analysis, check to measure Cannabusiness' 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 Cannabusiness is operating at the current time. Most of Cannabusiness' value examination focuses on studying past and present price action to predict the probability of Cannabusiness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannabusiness' price. Additionally, you may evaluate how the addition of Cannabusiness to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |
Is Cannabusiness' 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 Cannabusiness. If investors know Cannabusiness 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 Cannabusiness listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cannabusiness Group is measured differently than its book value, which is the value of Cannabusiness that is recorded on the company's balance sheet. Investors also form their own opinion of Cannabusiness' value that differs from its market value or its book value, called intrinsic value, which is Cannabusiness' 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 Cannabusiness' market value can be influenced by many factors that don't directly affect Cannabusiness' 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 Cannabusiness' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cannabusiness is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cannabusiness' 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.