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 Short Term Debt and its Common Stock Shares Outstanding 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.
Short Term Debt vs Common Stock Shares Outstanding
Short Term Debt vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avicanna Inc Short Term Debt account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Avicanna Inc's Short Term Debt and Common Stock Shares Outstanding is 0.75. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock Shares Outstanding 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 Short Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Avicanna are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Debt i.e., Avicanna Inc's Short Term Debt and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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.
Avicanna Inc fundamental ratios Correlations
Click cells to compare fundamentals
Avicanna Inc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avicanna Inc fundamental ratios Accounts
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.