Avricore Health Financials

AVCR Stock  CAD 0.08  0.01  14.29%   
We suggest to use Avricore Health fundamental analysis to find out if markets are presently mispricing the company. Put another way you can use it to find out if Avricore Health is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to break down twenty-seven available fundamental indicators for Avricore Health, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Avricore Health to be traded at C$0.1 in 90 days. Key indicators impacting Avricore Health's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.391.4617
Notably Down
Pretty Stable
  
Understanding current and past Avricore Health Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Avricore Health's financial statements are interrelated, with each one affecting the others. For example, an increase in Avricore Health's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Avricore Health's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Avricore Health. Check Avricore Health's Beneish M Score to see the likelihood of Avricore Health's management manipulating its earnings.

Avricore Health Stock Summary

Avricore Health competes with Premium Income, E L, Fairfax Financial, Fairfax Fin, and Fairfax Financial. Avricore Health Inc. manufactures and sells over-the-counter products in Canada. Avricore Health Inc. was founded in 1996 and is headquartered in Vancouver, Canada. AVRICORE HEALTH operates under Drug Manufacturers - Specialty Generic classification in Canada and is traded on TSX Venture Exchange.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA0545211090
Business Address789 West Pender
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websiteavricore.com
Phone604 773 8943
CurrencyCAD - Canadian Dollar
You should never invest in Avricore Health without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Avricore Stock, because this is throwing your money away. Analyzing the key information contained in Avricore Health's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Avricore Health Key Financial Ratios

There are many critical financial ratios that Avricore Health's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Avricore Health reports annually and quarterly.

Avricore Health Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets208.4K440.1K2.3M2.6M2.5M1.5M
Net Debt7.6K698.8K(2.0M)(580.5K)(522.5K)(548.6K)
Retained Earnings(27.3M)(28.5M)(30.2M)(31.0M)(31.7M)(30.1M)
Cash13.8K302.7K2.0M620.5K276.6K262.7K
Net Receivables15.5K11.9K91.5K770.4K421.0K442.0K
Total Liab673.9K1.2M84.5K604.9K529.2K422.0K
Total Current Assets208.4K440.1K2.2M1.4M773.6K1.1M
Common Stock21.4M22.3M26.6M27.1M31.1M20.6M
Accounts Payable625.5K126.6K44.5K261.5K428.7K450.1K
Other Current Liab27K26K40K51.4K46.3K43.9K
Inventory211.2K102.5K0.01.020.7K19.6K
Other Current Assets179.1K125.4K54.5K30.2K34.8K33.0K
Net Tangible Assets460.2K(465.5K)(714.0K)2.2M1.9M2.0M
Net Invested Capital(465.5K)287.5K2.2M2.0M2.0M1.5M
Net Working Capital(465.5K)(714.0K)2.1M826.2K244.3K232.1K
Capital Stock21.4M22.3M26.6M27.1M27.2M26.6M

Avricore Health Key Income Statement Accounts

201920202021202220232024 (projected)
Operating Income(1.6M)(859.2K)(1.7M)(809.9K)(687.2K)(721.6K)
Ebitda(1.4M)(859.2K)(1.7M)(626.8K)(564.1K)(592.3K)
Net Income(2.1M)(1.2M)(1.7M)(818.2K)(701.2K)(736.3K)
Income Tax Expense540.0196.6K40.4K38.4K44.2K50.5K
Interest Expense262.0102.05.1K159.0K38.4K5.4K
Total Revenue33K33.0K122.8K1.8M3.5M3.7M
Gross Profit14.5K17.5K30.5K456.8K1.2M1.3M
Ebit(1.6M)(977.7K)(1.7M)(809.9K)(728.9K)(765.3K)
Cost Of Revenue18.5K15.6K92.3K1.3M2.3M2.4M
Income Before Tax(1.9M)(1.2M)(1.7M)(818.2K)(701.2K)(736.3K)
Net Interest Income(10.7K)(164.9K)(44.7K)2.7K(2.7K)(2.9K)

Avricore Health Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(70.6K)288.9K1.7M(1.4M)(344.0K)(326.8K)
Free Cash Flow(686.4K)(1.2M)(1.4M)(1.6M)(386.5K)(405.8K)
Net Income(1.9M)(1.2M)(1.7M)(818.2K)(701.2K)(736.3K)
End Period Cash Flow13.8K302.7K2.0M620.5K276.6K262.7K
Depreciation180.5K14.5K18.0K183.0K420.1K441.1K
Other Non Cash Items5.1K291.0K38.4K8.7K(1.0)(0.95)
Change To Netincome1.8M761.0K421.2K534.2K480.8K857.9K
Investments0.0(4.3K)(140.4K)(1.2M)(1.0M)(994.5K)

Avricore Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Avricore Health's current stock value. Our valuation model uses many indicators to compare Avricore Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avricore Health competition to find correlations between indicators driving Avricore Health's intrinsic value. More Info.
Avricore Health is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At this time, Avricore Health's Return On Equity is fairly stable compared to the past year. 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 Avricore Health's earnings, one of the primary drivers of an investment's value.

Avricore Health Systematic Risk

Avricore Health's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Avricore Health 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Avricore Health correlated with the market. If Beta is less than 0 Avricore Health generally moves in the opposite direction as compared to the market. If Avricore Health Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Avricore Health is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Avricore Health is generally in the same direction as the market. If Beta > 1 Avricore Health moves generally in the same direction as, but more than the movement of the benchmark.

Avricore Health Total Assets Over Time

Avricore Health Thematic Clasifications

Avricore Health is part of Health Management investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Healthcare providers, hospitals. Major hospitals and healthcare providers
Health ManagementView
This theme covers Healthcare providers, hospitals. Major hospitals and healthcare providers. Get More Thematic Ideas
Today, most investors in Avricore Health Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Avricore Health's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Avricore Health growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.52

At this time, Avricore Health's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Avricore Health December 11, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Avricore Health help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Avricore Health. We use our internally-developed statistical techniques to arrive at the intrinsic value of Avricore Health based on widely used predictive technical indicators. In general, we focus on analyzing Avricore Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Avricore Health's daily price indicators and compare them against related drivers.

Additional Tools for Avricore Stock Analysis

When running Avricore Health's price analysis, check to measure Avricore Health'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 Avricore Health is operating at the current time. Most of Avricore Health's value examination focuses on studying past and present price action to predict the probability of Avricore Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avricore Health's price. Additionally, you may evaluate how the addition of Avricore Health to your portfolios can decrease your overall portfolio volatility.