Inmed Pharmaceuticals Stock Piotroski F Score

INM Stock  USD 4.95  0.45  10.00%   
This module uses fundamental data of InMed Pharmaceuticals to approximate its Piotroski F score. InMed Pharmaceuticals F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of InMed Pharmaceuticals. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about InMed Pharmaceuticals financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out InMed Pharmaceuticals Altman Z Score, InMed Pharmaceuticals Correlation, InMed Pharmaceuticals Valuation, as well as analyze InMed Pharmaceuticals Alpha and Beta and InMed Pharmaceuticals Hype Analysis.
To learn how to invest in InMed Stock, please use our How to Invest in InMed Pharmaceuticals guide.
  
At this time, InMed Pharmaceuticals' Short and Long Term Debt Total is very stable compared to the past year. As of the 18th of January 2025, Short Term Debt is likely to grow to about 383.7 K, though Net Debt To EBITDA is likely to grow to (0.12). At this time, InMed Pharmaceuticals' Research And Ddevelopement To Revenue is very stable compared to the past year. As of the 18th of January 2025, Income Quality is likely to grow to 0.52, though PTB Ratio is likely to grow to (7.23).
At this time, it appears that InMed Pharmaceuticals' Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
3.0
Piotroski F Score - Frail
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

InMed Pharmaceuticals Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to InMed Pharmaceuticals is to make sure InMed is not a subject of accounting manipulations and runs a healthy internal audit department. So, if InMed Pharmaceuticals' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if InMed Pharmaceuticals' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.03.8333
Way Down
Very volatile
Gross Profit Margin0.450.4264
Notably Up
Pretty Stable
Total Current Liabilities2.4 M2.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total778.7 K741.6 K
Sufficiently Up
Slightly volatile
Total Assets14.3 M13.6 M
Sufficiently Up
Slightly volatile
Total Current Assets10.5 M10 M
Sufficiently Up
Slightly volatile

InMed Pharmaceuticals F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between InMed Pharmaceuticals' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards InMed Pharmaceuticals in a much-optimized way.

About InMed Pharmaceuticals Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

9.16 Million

At this time, InMed Pharmaceuticals' Common Stock Shares Outstanding is very stable compared to the past year.

InMed Pharmaceuticals Current Valuation Drivers

We derive many important indicators used in calculating different scores of InMed Pharmaceuticals from analyzing InMed Pharmaceuticals' financial statements. These drivers represent accounts that assess InMed Pharmaceuticals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of InMed Pharmaceuticals' important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap1.2B879.5M45.4M38.2M1.8M1.7M
Enterprise Value1.2B874.0M36.9M32.5M1.9M1.8M

InMed Pharmaceuticals ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, InMed Pharmaceuticals' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to InMed Pharmaceuticals' managers, analysts, and investors.
Environmental
Governance
Social

About InMed Pharmaceuticals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze InMed Pharmaceuticals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of InMed Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of InMed Pharmaceuticals 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.

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When determining whether InMed Pharmaceuticals is a strong investment it is important to analyze InMed Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact InMed Pharmaceuticals' future performance. For an informed investment choice regarding InMed Stock, refer to the following important reports:
Is Biotechnology space 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 InMed Pharmaceuticals. If investors know InMed 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 InMed Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
253.44
Revenue Per Share
0.603
Quarterly Revenue Growth
(0.45)
Return On Assets
(0.39)
Return On Equity
(0.72)
The market value of InMed Pharmaceuticals is measured differently than its book value, which is the value of InMed that is recorded on the company's balance sheet. Investors also form their own opinion of InMed Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is InMed Pharmaceuticals' 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 InMed Pharmaceuticals' market value can be influenced by many factors that don't directly affect InMed Pharmaceuticals' 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 InMed Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if InMed Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InMed Pharmaceuticals' 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.