Can Fite Financials

CANF Stock  USD 2.20  0.10  4.76%   
Based on the measurements of operating efficiency obtained from Can Fite's historical financial statements, Can Fite Biopharma is not in a good financial situation at this time. It has a very high odds of going through financial crisis in January. At this time, Can Fite's Property Plant And Equipment Net is most likely to increase significantly in the upcoming years. The Can Fite's current Accounts Payable is estimated to increase to about 833 K, while Other Current Liabilities is projected to decrease to roughly 891.4 K. Key indicators impacting Can Fite's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio3.694.905
Way Down
Pretty Stable
Investors should never underestimate Can Fite's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Can Fite's cash flow, debt, and profitability to make informed and accurate decisions about investing in Can Fite Biopharma.

Net Income

(8.02 Million)

  
Understanding current and past Can Fite Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Can Fite's financial statements are interrelated, with each one affecting the others. For example, an increase in Can Fite's assets may result in an increase in income on the income statement.

Can Fite Stock Summary

Can Fite competes with ImmuCell, Compugen, Evogene, Collplant Biotechnologies, and Protalix Biotherapeutics. Can-Fite BioPharma Ltd., a clinical-stage biopharmaceutical company, develops small molecule therapeutic products for the treatment of cancer, liver inflammatory diseases, and erectile dysfunction. Can-Fite BioPharma Ltd. was incorporated in 1994 and is headquartered in Petah Tikva, Israel. Can-Fite Biopharma operates under Biotechnology classification in the United States and is traded on AMEX Exchange. It employs 8 people.
Foreign Associate
  Israel
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS13471N2018
CUSIP13471N102 13471N201 13471N300
LocationIsrael
Business Address26 Ben Gurion
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.canfite.com
Phone972 3 924 1114
CurrencyUSD - US Dollar

Can Fite Key Financial Ratios

Can Fite Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.2M9.5M20.3M9.3M10.0M10.5M
Other Current Liab610K288K852K727K944K891.4K
Other Liab2.4M2.2M3.1M2.3M2.6M2.0M
Net Debt(2.6M)(8.2M)(4.3M)(2.9M)(4.2M)(4.4M)
Retained Earnings(110.3M)(125.5M)(140.7M)(150.8M)(158.5M)(166.4M)
Accounts Payable2.2M561K954K896K427K833.0K
Cash2.7M8.3M4.4M3.0M4.3M4.6M
Net Receivables651K18K48K47K78K74.1K
Other Current Assets3.7M1.0M881K1.1M986K1.6M
Total Liab5.7M3.4M5.9M4.8M3.7M4.8M
Total Current Assets7.1M9.4M20.1M9.2M9.9M10.3M
Common Stock2.6M8.2M33.0M60.7M69.8M73.2M
Net Tangible Assets2.4M6.1M14.4M4.5M4.0M7.2M
Net Invested Capital877K6.1M14.4M4.5M6.2M6.0M
Net Working Capital3.9M8.1M17.3M6.7M7.9M8.4M

Can Fite Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense427K363K227K63K14K13.3K
Total Revenue2.0M763K853K810K743K1.1M
Gross Profit2.0M763K853K810K743K1.1M
Operating Income(12.0M)(14.1M)(12.8M)(10.1M)(8.2M)(8.6M)
Ebit(12.0M)(14.1M)(12.8M)(10.1M)(8.2M)(8.6M)
Research Development11.0M12.0M9.9M7.8M6.0M6.8M
Ebitda(11.9M)(14.1M)(12.8M)(10.1M)(8.2M)(8.6M)
Income Before Tax(12.6M)(14.4M)(12.6M)(10.2M)(7.6M)(8.0M)
Net Income(13.1M)(14.4M)(12.6M)(10.2M)(7.6M)(8.0M)
Income Tax Expense427K363K(20K)63K1.00.95
Cost Of Revenue(2.3K)87K51K15.0K13.5K12.8K
Interest Income72K44K24K222K506K287.6K
Net Interest Income(384K)(342K)2K(77K)726K762.3K

Can Fite Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(918K)5.6M(3.9M)(1.4M)1.3M1.4M
Free Cash Flow(10.8M)(12.1M)(9.9M)(10.8M)(8.4M)(8.9M)
Other Non Cash Items(5K)1K(46K)396K(139K)(146.0K)
Capital Expenditures3K26K11K9K2K1.9K
Net Income(12.6M)(14.4M)(12.6M)(10.2M)(7.6M)(8.0M)
End Period Cash Flow2.7M8.3M4.4M3.0M4.3M4.6M
Change To Netincome543K1.9M258K605K695.8K730.5K
Investments(253K)(26K)(14.5M)9.5M498K522.9K

Can Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Can Fite's current stock value. Our valuation model uses many indicators to compare Can Fite value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Can Fite competition to find correlations between indicators driving Can Fite's intrinsic value. More Info.
Can Fite Biopharma is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Can Fite's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Can Fite by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Can Fite Biopharma Systematic Risk

Can Fite's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Can Fite 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 Can Fite Biopharma correlated with the market. If Beta is less than 0 Can Fite generally moves in the opposite direction as compared to the market. If Can Fite Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Can Fite Biopharma is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Can Fite is generally in the same direction as the market. If Beta > 1 Can Fite moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Can Fite Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Can Fite'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 Can Fite growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0244

At this time, Can Fite's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

Can Fite December 1, 2024 Opportunity Range

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

Complementary Tools for Can Stock analysis

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