Avicanna Inc Free Cash Flow Yield vs Income Quality Analysis

AVCN Stock

CAD 0.28 0.04 12.50%

Avicanna Inc financial indicator trend analysis is way more than just evaluating Avicanna Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avicanna Inc is a good investment. Please check the relationship between Avicanna Inc Free Cash Flow Yield and its Income Quality accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avicanna. 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.

Free Cash Flow Yield vs Income Quality

Free Cash Flow Yield vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avicanna Inc Free Cash Flow Yield account and Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Avicanna Inc's Free Cash Flow Yield and Income Quality is -0.16. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Income Quality in the same time period over historical financial statements of Avicanna, assuming nothing else is changed. The correlation between historical values of Avicanna Inc's Free Cash Flow Yield and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Avicanna are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Free Cash Flow Yield i.e., Avicanna Inc's Free Cash Flow Yield and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Avicanna Inc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avicanna Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Avicanna. 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.

As of the 4th of March 2025, Enterprise Value is likely to grow to about 59.2 M, while Selling General Administrative is likely to drop about 11 M.

	2022	2023	2024	2025 (projected)
Cost Of Revenue	2.9M	10.2M	11.7M	12.3M
Reconciled Depreciation	887.3K	777.3K	893.9K	755.1K

Cost Of Revenue Reconciled Depreciation

Avicanna Inc fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant And Equipment Net	Other Stockholder Equity
Total Assets		0.64	0.62	0.77	0.69	0.83	0.78	0.6	-0.64	0.73	0.36	0.98	0.03	0.39	0.62	0.87	0.49	0.6	0.68	0.83	0.72	0.7	0.51	0.75	0.98	0.71
Short Long Term Debt Total	0.64		0.76	0.93	-0.02	0.26	0.91	0.9	-0.93	0.81	0.61	0.49	-0.59	0.55	0.82	0.88	0.75	0.83	0.6	0.91	0.42	0.91	0.96	0.92	0.66	0.92
Other Current Liab	0.62	0.76		0.7	0.22	0.31	0.74	0.76	-0.69	0.6	0.31	0.54	-0.49	0.13	0.66	0.73	0.5	0.66	0.32	0.75	0.53	0.66	0.6	0.71	0.58	0.7
Total Current Liabilities	0.77	0.93	0.7		0.11	0.4	0.96	0.84	-0.94	0.91	0.54	0.63	-0.53	0.53	0.86	0.95	0.76	0.88	0.73	0.99	0.46	0.98	0.88	0.98	0.8	0.96
Total Stockholder Equity	0.69	-0.02	0.22	0.11		0.9	0.11	-0.05	0.08	0.05	-0.01	0.82	0.65	0.04	-0.09	0.25	-0.2	-0.12	0.26	0.22	0.62	0.0	-0.15	0.09	0.63	0.04
Net Tangible Assets	0.83	0.26	0.31	0.4	0.9		0.39	0.14	-0.17	0.29	0.31	0.91	0.4	0.41	0.1	0.49	-0.02	0.09	0.47	0.5	0.64	0.27	0.12	0.32	0.81	0.25
Current Deferred Revenue	0.78	0.91	0.74	0.96	0.11	0.39		0.89	-0.94	0.95	0.5	0.65	-0.57	0.48	0.91	0.97	0.82	0.92	0.63	0.97	0.43	0.93	0.81	0.93	0.8	0.9
Net Debt	0.6	0.9	0.76	0.84	-0.05	0.14	0.89		-0.9	0.83	0.23	0.46	-0.6	0.2	0.87	0.86	0.79	0.88	0.52	0.83	0.2	0.83	0.84	0.87	0.62	0.88
Retained Earnings	-0.64	-0.93	-0.69	-0.94	0.08	-0.17	-0.94	-0.9		-0.94	-0.5	-0.48	0.61	-0.44	-0.95	-0.93	-0.9	-0.96	-0.66	-0.9	-0.4	-0.96	-0.91	-0.96	-0.67	-0.97
Accounts Payable	0.73	0.81	0.6	0.91	0.05	0.29	0.95	0.83	-0.94		0.42	0.6	-0.52	0.4	0.97	0.95	0.92	0.97	0.65	0.89	0.42	0.92	0.76	0.91	0.76	0.9
Cash	0.36	0.61	0.31	0.54	-0.01	0.31	0.5	0.23	-0.5	0.42		0.28	-0.25	0.92	0.36	0.49	0.37	0.36	0.42	0.53	0.6	0.51	0.61	0.47	0.4	0.45
Non Current Assets Total	0.98	0.49	0.54	0.63	0.82	0.91	0.65	0.46	-0.48	0.6	0.28		0.2	0.33	0.47	0.76	0.34	0.45	0.61	0.71	0.72	0.54	0.35	0.6	0.95	0.55
Non Currrent Assets Other	0.03	-0.59	-0.49	-0.53	0.65	0.4	-0.57	-0.6	0.61	-0.52	-0.25	0.2		-0.15	-0.61	-0.4	-0.57	-0.64	-0.03	-0.49	0.22	-0.56	-0.53	-0.5	0.0	-0.5
Cash And Short Term Investments	0.39	0.55	0.13	0.53	0.04	0.41	0.48	0.2	-0.44	0.4	0.92	0.33	-0.15		0.27	0.47	0.27	0.29	0.58	0.52	0.44	0.47	0.55	0.42	0.48	0.39
Net Receivables	0.62	0.82	0.66	0.86	-0.09	0.1	0.91	0.87	-0.95	0.97	0.36	0.47	-0.61	0.27		0.9	0.97	1.0	0.52	0.83	0.37	0.89	0.78	0.9	0.62	0.9
Common Stock Total Equity	0.87	0.88	0.73	0.95	0.25	0.49	0.97	0.86	-0.93	0.95	0.49	0.76	-0.4	0.47	0.9		0.81	0.9	0.73	0.96	0.57	0.92	0.81	0.94	0.88	0.92
Common Stock Shares Outstanding	0.49	0.75	0.5	0.76	-0.2	-0.02	0.82	0.79	-0.9	0.92	0.37	0.34	-0.57	0.27	0.97	0.81		0.96	0.44	0.71	0.32	0.82	0.75	0.83	0.5	0.83
Inventory	0.6	0.83	0.66	0.88	-0.12	0.09	0.92	0.88	-0.96	0.97	0.36	0.45	-0.64	0.29	1.0	0.9	0.96		0.56	0.84	0.33	0.91	0.79	0.9	0.62	0.91
Other Current Assets	0.68	0.6	0.32	0.73	0.26	0.47	0.63	0.52	-0.66	0.65	0.42	0.61	-0.03	0.58	0.52	0.73	0.44	0.56		0.69	0.43	0.69	0.66	0.68	0.78	0.7
Total Liab	0.83	0.91	0.75	0.99	0.22	0.5	0.97	0.83	-0.9	0.89	0.53	0.71	-0.49	0.52	0.83	0.96	0.71	0.84	0.69		0.5	0.95	0.82	0.95	0.85	0.92
Short Long Term Debt	0.72	0.42	0.53	0.46	0.62	0.64	0.43	0.2	-0.4	0.42	0.6	0.72	0.22	0.44	0.37	0.57	0.32	0.33	0.43	0.5		0.44	0.35	0.48	0.66	0.46
Total Current Assets	0.7	0.91	0.66	0.98	0.0	0.27	0.93	0.83	-0.96	0.92	0.51	0.54	-0.56	0.47	0.89	0.92	0.82	0.91	0.69	0.95	0.44		0.9	0.99	0.72	0.98
Short Term Debt	0.51	0.96	0.6	0.88	-0.15	0.12	0.81	0.84	-0.91	0.76	0.61	0.35	-0.53	0.55	0.78	0.81	0.75	0.79	0.66	0.82	0.35	0.9		0.9	0.56	0.92
Common Stock	0.75	0.92	0.71	0.98	0.09	0.32	0.93	0.87	-0.96	0.91	0.47	0.6	-0.5	0.42	0.9	0.94	0.83	0.9	0.68	0.95	0.48	0.99	0.9		0.75	0.99
Property Plant And Equipment Net	0.98	0.66	0.58	0.8	0.63	0.81	0.8	0.62	-0.67	0.76	0.4	0.95	0.0	0.48	0.62	0.88	0.5	0.62	0.78	0.85	0.66	0.72	0.56	0.75		0.72
Other Stockholder Equity	0.71	0.92	0.7	0.96	0.04	0.25	0.9	0.88	-0.97	0.9	0.45	0.55	-0.5	0.39	0.9	0.92	0.83	0.91	0.7	0.92	0.46	0.98	0.92	0.99	0.72

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Avicanna Inc Account Relationship Matchups

Avicanna Inc fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	30.2M	22.3M	17.6M	22.0M	25.3M	23.0M
Short Long Term Debt Total	1.9M	1.7M	3.2M	1.8M	2.1M	1.6M
Other Current Liab	145.2K	3.7M	3.8M	1.4M	1.6M	1.9M
Total Current Liabilities	12.8M	12.2M	11.4M	12.0M	13.8M	8.3M
Total Stockholder Equity	6.0M	1.1M	(383.6K)	(112.5K)	(101.3K)	(96.2K)
Net Tangible Assets	4.4M	8.1M	5.5M	847.0K	974.0K	925.3K
Net Debt	671.2K	1.6M	2.0M	1.3M	1.5M	1.6M
Retained Earnings	(62.0M)	(77.4M)	(90.8M)	(98.7M)	(88.8M)	(84.4M)
Accounts Payable	6.6M	7.3M	4.8M	8.9M	10.2M	10.7M
Cash	1.3M	31.0K	1.2M	477.2K	548.8K	652.9K
Non Current Assets Total	23.4M	14.9M	10.6M	13.5M	15.5M	18.1M
Non Currrent Assets Other	3.8M	526.3K	(14.9M)	(10.6M)	(9.5M)	(9.0M)
Cash And Short Term Investments	2.5M	31.0K	1.2M	477.2K	548.8K	826.1K
Net Receivables	1.0M	2.3M	2.1M	3.0M	3.4M	3.6M
Common Stock Shares Outstanding	29.4M	41.3M	59.2M	84.7M	97.4M	102.3M
Long Term Debt Total	1.0M	161.1K	415.8K	401.4K	461.6K	320.4K
Liabilities And Stockholders Equity	30.2M	22.3M	17.6M	22.0M	25.3M	23.0M
Non Current Liabilities Total	3.4M	3.2M	2.8M	2.0M	2.3M	2.5M
Inventory	1.9M	4.1M	3.2M	4.5M	5.2M	5.5M
Other Current Assets	1.3M	901.3K	481.0K	470.7K	541.3K	577.8K
Total Liab	16.2M	15.4M	14.2M	14.0M	16.1M	10.8M
Short Long Term Debt	1.6M	1.1M	2.7M	1.6M	1.8M	1.9M
Total Current Assets	6.8M	7.4M	7.1M	8.5M	9.7M	5.0M
Short Term Debt	1.8M	1.2M	2.8M	1.7M	2.0M	1.1M
Intangible Assets	497.5K	299.2K	167.6K	1.2M	1.1M	1.0M
Common Stock	57.5M	66.2M	74.9M	81.0M	93.2M	48.1M
Property Plant Equipment	23.2M	21.8M	14.5M	10.4M	11.9M	13.6M
Property Plant And Equipment Net	21.8M	14.5M	10.4M	12.0M	13.8M	15.5M
Other Stockholder Equity	8.3M	12.7M	16.5M	18.5M	21.3M	11.6M
Net Invested Capital	7.6M	2.7M	2.5M	1.4M	1.3M	1.2M
Property Plant And Equipment Gross	23.4M	16.3M	11.9M	14.3M	16.5M	16.6M
Accumulated Other Comprehensive Income	(2.1M)	(4.2M)	(3.0M)	17.6M	20.2M	21.2M
Net Working Capital	(6.1M)	(4.8M)	(4.3M)	(3.5M)	(3.2M)	(3.3M)
Other Liab	5.5M	3.3M	2.8M	2.4M	2.1M	2.7M

Other Information on Investing in Avicanna Inc Stock

Balance Sheet is a snapshot of the financial position of Avicanna Inc at a specified time, usually calculated after every quarter, six months, or one year. Avicanna Inc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Avicanna Inc and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Avicanna Inc currently owns. An asset can also be divided into two categories, current and non-current.

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Avicanna Inc Free Cash Flow Yield vs Income Quality Analysis

Free Cash Flow Yield vs Income Quality

Free Cash Flow Yield vs Income Quality Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Income Quality

Avicanna Inc fundamental ratios Correlations

Avicanna Inc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avicanna Inc fundamental ratios Accounts

Other Information on Investing in Avicanna Inc Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 1.0	Net Receivables
Total Liab	+ 0.99	Total Current Liabilities
Common Stock	+ 0.99	Total Current Assets
Other Stockholder Equity	+ 0.99	Common Stock
Non Current Assets Total	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets

Other Stockholder Equity	- 0.97	Retained Earnings
Common Stock	- 0.96	Retained Earnings
Total Current Assets	- 0.96	Retained Earnings
Inventory	- 0.96	Retained Earnings
Net Receivables	- 0.95	Retained Earnings
Accounts Payable	- 0.94	Retained Earnings