Avicanna Inc Price To Sales Ratio vs Pb Ratio 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 Price To Sales Ratio and its Pb Ratio 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.

Price To Sales Ratio vs Pb Ratio

Price To Sales Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avicanna Inc Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Avicanna Inc's Price To Sales Ratio and Pb Ratio is -0.85. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio 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 Price To Sales Ratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Avicanna are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., Avicanna Inc's Price To Sales Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Avicanna Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Avicanna Inc sales, a figure that is much harder to manipulate than other Avicanna 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.

Pb Ratio

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 Price To Sales Ratio vs Pb Ratio Analysis

Price To Sales Ratio vs Pb Ratio

Price To Sales Ratio vs Pb Ratio Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Pb Ratio

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

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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