Cannagrow Holdings Stock Total Asset
| CGRW Stock | USD 0.02 0.01 33.33% |
Cannagrow Holdings fundamentals help investors to digest information that contributes to Cannagrow Holdings' financial success or failures. It also enables traders to predict the movement of Cannagrow Pink Sheet. The fundamental analysis module provides a way to measure Cannagrow Holdings' 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 Cannagrow Holdings pink sheet.
Cannagrow |
Cannagrow Holdings Company Total Asset Analysis
Cannagrow Holdings' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Cannagrow Holdings Total Asset | 1.77 M |
Most of Cannagrow Holdings' fundamental indicators, such as Total Asset, 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, Cannagrow Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Cannagrow Holdings has a Total Asset of 1.77 M. This is 99.96% lower than that of the Industrials sector and significantly higher than that of the Specialty Business Services industry. The total asset for all United States stocks is 99.99% higher than that of the company.
Cannagrow Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cannagrow Holdings' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Cannagrow Holdings could also be used in its relative valuation, which is a method of valuing Cannagrow Holdings by comparing valuation metrics of similar companies.Cannagrow Holdings is currently under evaluation in total asset category among related companies.
Cannagrow Fundamentals
| Return On Asset | -0.74 | |||
| Profit Margin | (1.19) % | |||
| Operating Margin | (0.85) % | |||
| Current Valuation | 2.69 M | |||
| Shares Outstanding | 101.27 M | |||
| Price To Earning | (0.47) X | |||
| Price To Sales | 1.44 X | |||
| Revenue | 1.24 M | |||
| Gross Profit | (101.97 K) | |||
| EBITDA | (1.38 M) | |||
| Net Income | 320.85 K | |||
| Cash And Equivalents | 26.39 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 722.06 K | |||
| Current Ratio | 0.10 X | |||
| Book Value Per Share | (1.18) X | |||
| Cash Flow From Operations | (408.27 K) | |||
| Earnings Per Share | (1.87) X | |||
| Beta | 1.61 | |||
| Market Capitalization | 2.27 M | |||
| Total Asset | 1.77 M | |||
| Retained Earnings | (10.67 M) | |||
| Working Capital | (3.2 M) | |||
| Current Asset | 21 K | |||
| Current Liabilities | 3.22 M | |||
| Z Score | -7.8 | |||
| Net Asset | 1.77 M |
About Cannagrow Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cannagrow Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cannagrow Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cannagrow Holdings 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.
Pair Trading with Cannagrow Holdings
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 Cannagrow Holdings 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 Cannagrow Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Cannagrow Pink Sheet
| 0.55 | GPN | Global Payments Earnings Call This Week | PairCorr |
| 0.43 | CHHE | China Health Industries | PairCorr |
The ability to find closely correlated positions to Cannagrow Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cannagrow Holdings 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 Cannagrow Holdings - 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 Cannagrow Holdings to buy it.
The correlation of Cannagrow Holdings 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 Cannagrow Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cannagrow Holdings 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 Cannagrow Holdings 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 Cannagrow Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Cannagrow Pink Sheet analysis
When running Cannagrow Holdings' price analysis, check to measure Cannagrow Holdings' 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 Cannagrow Holdings is operating at the current time. Most of Cannagrow Holdings' value examination focuses on studying past and present price action to predict the probability of Cannagrow Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannagrow Holdings' price. Additionally, you may evaluate how the addition of Cannagrow Holdings to your portfolios can decrease your overall portfolio volatility.
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