Aurora Historical Financial Ratios
| ACB Stock | CAD 6.11 0.31 4.83% |
Aurora Cannabis is presently reporting on over 99 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0, PTB Ratio of 0.47 or Days Sales Outstanding of 107 will help investors to properly organize and evaluate Aurora Cannabis financial condition quickly.
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About Aurora Financial Ratios Analysis
Aurora CannabisFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Aurora Cannabis investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Aurora financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Aurora Cannabis history.
Aurora Cannabis Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Aurora Cannabis stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Aurora Cannabis sales, a figure that is much harder to manipulate than other Aurora Cannabis multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Aurora Cannabis dividend as a percentage of Aurora Cannabis stock price. Aurora Cannabis dividend yield is a measure of Aurora Cannabis stock productivity, which can be interpreted as interest rate earned on an Aurora Cannabis investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Payout Ratio
Payout Ratio is the proportion of Aurora Cannabis earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Aurora Cannabis dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Aurora Cannabis is paying out more in dividends than it makes in net income.Most ratios from Aurora Cannabis' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Aurora Cannabis current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Cannabis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Aurora Stock, please use our How to Invest in Aurora Cannabis guide.At this time, Aurora Cannabis' Days Sales Outstanding is very stable compared to the past year. As of the 19th of December 2024, Days Of Inventory On Hand is likely to grow to 822.05, while Price To Sales Ratio is likely to drop 0.97.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 77.59 | 64.69 | 61.33 | 106.78 | PTB Ratio | 5.52 | 0.63 | 0.5 | 0.47 |
Aurora Cannabis fundamentals Correlations
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Aurora Cannabis Account Relationship Matchups
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High Negative Relationship
Aurora Cannabis fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 5.85 | 7.73 | 16.5 | 1.3 | 1.03 | 0.97 | |
| Ptb Ratio | 0.76 | 0.93 | 5.52 | 0.63 | 0.5 | 0.47 | |
| Days Sales Outstanding | 70.81 | 84.06 | 77.59 | 64.69 | 61.33 | 106.78 | |
| Book Value Per Share | 219.78 | 120.49 | 3.08 | 16.02 | 12.69 | 12.06 | |
| Free Cash Flow Yield | (0.74) | (0.42) | (0.14) | (0.0389) | (0.31) | (0.29) | |
| Operating Cash Flow Per Share | (34.93) | (12.45) | (0.51) | (3.59) | (1.44) | (1.52) | |
| Stock Based Compensation To Revenue | 0.21 | 0.0825 | 0.0622 | 0.0724 | 0.0471 | 0.0447 | |
| Capex To Depreciation | 3.09 | 0.54 | 0.34 | 0.28 | 0.51 | 0.49 | |
| Pb Ratio | 0.76 | 0.93 | 5.52 | 0.63 | 0.5 | 0.47 | |
| Ev To Sales | 5.23 | 7.17 | 7.64 | 15.74 | 0.99 | 0.94 | |
| Free Cash Flow Per Share | (71.62) | (15.59) | (0.66) | (3.96) | (1.8) | (1.89) | |
| Roic | (0.0567) | (0.18) | (0.11) | (0.25) | (0.0693) | (0.0727) | |
| Inventory Turnover | 1.99 | 1.94 | 1.43 | 2.31 | 0.74 | 0.71 | |
| Net Income Per Share | (342.14) | (41.01) | (7.99) | (8.22) | (1.46) | (1.53) | |
| Days Of Inventory On Hand | 183.71 | 188.4 | 255.22 | 157.97 | 490.04 | 822.05 | |
| Payables Turnover | 3.27 | 20.1 | 14.44 | 13.57 | 6.83 | 4.93 | |
| Sales General And Administrative To Revenue | 1.13 | 0.95 | 0.57 | 0.29 | 0.39 | 0.37 | |
| Research And Ddevelopement To Revenue | 0.0935 | 0.0467 | 0.0469 | 0.0281 | 0.0132 | 0.0126 | |
| Capex To Revenue | 1.27 | 0.22 | 0.15 | 0.052 | 0.0627 | 0.0596 | |
| Cash Per Share | 17.49 | 25.14 | 2.04 | 9.32 | 2.48 | 2.35 | |
| Pocfratio | (4.83) | (9.0) | (33.25) | (2.62) | (4.05) | (4.25) | |
| Interest Coverage | (6.33) | (4.26) | (3.22) | (6.44) | (3.27) | (3.44) | |
| Capex To Operating Cash Flow | (2.16) | (1.05) | (0.25) | (0.29) | (0.1) | (0.26) | |
| Pfcf Ratio | (2.35) | (7.19) | (25.71) | (2.38) | (3.25) | (3.41) | |
| Days Payables Outstanding | 111.65 | 18.16 | 25.28 | 26.91 | 53.44 | 50.77 | |
| Income Quality | 0.1 | 0.3 | 0.0639 | 0.44 | 1.16 | 1.2 | |
| Roe | (1.54) | (0.34) | (2.6) | (0.55) | (0.12) | (0.13) | |
| Ev To Operating Cash Flow | (5.92) | (8.9) | (31.71) | (1.99) | (3.92) | (4.12) | |
| Pe Ratio | (0.49) | (2.73) | (2.13) | (1.15) | (4.0) | (3.8) | |
| Return On Tangible Assets | (2.29) | (0.51) | (1.69) | (0.31) | (0.0919) | (0.0965) | |
| Ev To Free Cash Flow | (2.89) | (7.1) | (24.52) | (1.8) | (3.14) | (3.3) | |
| Earnings Yield | (2.03) | (0.37) | (0.47) | (0.87) | (0.25) | (0.26) | |
| Net Debt To E B I T D A | (0.94) | 0.16 | 1.18 | 0.35 | (0.42) | (0.4) | |
| Current Ratio | 1.54 | 5.72 | 5.13 | 1.98 | 3.42 | 3.25 | |
| Tangible Book Value Per Share | 81.21 | 46.27 | 2.75 | 13.54 | 10.92 | 10.37 | |
| Receivables Turnover | 5.15 | 4.34 | 4.7 | 5.64 | 5.95 | 5.86 | |
| Graham Number | 1.3K | 333.45 | 23.53 | 52.78 | 19.7 | 18.72 | |
| Shareholders Equity Per Share | 222.3 | 120.49 | 3.08 | 15.06 | 11.8 | 11.21 |
Pair Trading with Aurora Cannabis
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 Aurora Cannabis 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 Aurora Cannabis will appreciate offsetting losses from the drop in the long position's value.Moving together with Aurora Stock
Moving against Aurora Stock
The ability to find closely correlated positions to Aurora Cannabis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aurora Cannabis 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 Aurora Cannabis - 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 Aurora Cannabis to buy it.
The correlation of Aurora Cannabis 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 Aurora Cannabis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurora Cannabis 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 Aurora Cannabis 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 Aurora Cannabis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Aurora Stock, please use our How to Invest in Aurora Cannabis guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.