Avicanna Total Stockholder Equity vs Cash Analysis

AVCN Stock  CAD 0.37  0.03  7.50%   
Avicanna financial indicator trend analysis is way more than just evaluating Avicanna prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avicanna is a good investment. Please check the relationship between Avicanna Total Stockholder Equity and its Cash 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.

Total Stockholder Equity vs Cash

Total Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avicanna Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have no relationship.
Total Stockholder EquityCashDiversified AwayTotal Stockholder EquityCashDiversified Away100%
The correlation between Avicanna's Total Stockholder Equity and Cash is 0.0. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Avicanna, assuming nothing else is changed. The correlation between historical values of Avicanna's Total Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Avicanna are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Avicanna's Total Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash

Cash refers to the most liquid asset of Avicanna, which is listed under current asset account on Avicanna balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Avicanna customers. The amounts must be unrestricted with restricted cash listed in a different Avicanna account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Avicanna's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avicanna 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 14th of December 2024, Enterprise Value is likely to grow to about 59.2 M, while Selling General Administrative is likely to drop about 11 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue437.1K2.9M10.2M10.7M
Reconciled Depreciation894.0K887.3K777.3K755.1K

Avicanna fundamental ratios Correlations

0.610.620.770.740.870.760.56-0.620.770.350.980.090.640.40.610.860.470.590.680.830.720.70.480.750.98
0.610.770.920.020.290.90.89-0.910.830.620.48-0.550.170.570.830.870.750.830.60.90.410.920.950.930.65
0.620.770.730.230.310.740.77-0.690.670.310.54-0.480.410.130.720.730.550.710.310.770.530.710.60.750.57
0.770.920.730.170.460.960.83-0.920.970.550.64-0.480.270.570.860.950.740.880.740.990.470.980.860.980.81
0.740.020.230.170.90.150.020.050.190.00.840.650.750.05-0.020.29-0.16-0.060.280.270.640.07-0.120.170.67
0.870.290.310.460.90.430.19-0.190.450.310.920.40.80.410.160.520.020.140.480.560.650.340.150.40.84
0.760.90.740.960.150.430.82-0.940.940.490.65-0.540.340.490.920.970.830.930.620.960.420.940.790.940.79
0.560.890.770.830.020.190.82-0.830.790.190.44-0.540.150.170.790.790.680.810.50.810.160.830.830.870.58
-0.62-0.91-0.69-0.920.05-0.19-0.94-0.83-0.91-0.5-0.470.58-0.03-0.46-0.97-0.93-0.93-0.98-0.65-0.88-0.39-0.95-0.89-0.95-0.66
0.770.830.670.970.190.450.940.79-0.910.430.65-0.450.270.450.880.940.770.90.710.950.440.970.770.970.8
0.350.620.310.550.00.310.490.19-0.50.430.27-0.230.110.920.370.490.40.360.410.530.60.540.620.490.39
0.980.480.540.640.840.920.650.44-0.470.650.270.230.710.330.480.760.340.460.60.720.720.560.330.630.96
0.09-0.55-0.48-0.480.650.4-0.54-0.540.58-0.45-0.230.230.14-0.15-0.58-0.36-0.55-0.620.0-0.450.25-0.52-0.49-0.440.05
0.640.170.410.270.750.80.340.15-0.030.270.110.710.140.110.080.32-0.080.05-0.040.420.440.15-0.090.210.55
0.40.570.130.570.050.410.490.17-0.460.450.920.33-0.150.110.290.480.310.310.590.550.440.530.590.470.48
0.610.830.720.86-0.020.160.920.79-0.970.880.370.48-0.580.080.290.920.960.990.540.830.380.90.770.90.63
0.860.870.730.950.290.520.970.79-0.930.940.490.76-0.360.320.480.920.830.910.720.950.570.930.780.960.88
0.470.750.550.74-0.160.020.830.68-0.930.770.40.34-0.55-0.080.310.960.830.940.460.690.320.810.750.810.5
0.590.830.710.88-0.060.140.930.81-0.980.90.360.46-0.620.050.310.990.910.940.580.840.330.910.780.910.63
0.680.60.310.740.280.480.620.5-0.650.710.410.60.0-0.040.590.540.720.460.580.690.420.720.660.70.78
0.830.90.770.990.270.560.960.81-0.880.950.530.72-0.450.420.550.830.950.690.840.690.50.950.790.950.85
0.720.410.530.470.640.650.420.16-0.390.440.60.720.250.440.440.380.570.320.330.420.50.450.340.50.66
0.70.920.710.980.070.340.940.83-0.950.970.540.56-0.520.150.530.90.930.810.910.720.950.450.880.990.73
0.480.950.60.86-0.120.150.790.83-0.890.770.620.33-0.49-0.090.590.770.780.750.780.660.790.340.880.890.54
0.750.930.750.980.170.40.940.87-0.950.970.490.63-0.440.210.470.90.960.810.910.70.950.50.990.890.78
0.980.650.570.810.670.840.790.58-0.660.80.390.960.050.550.480.630.880.50.630.780.850.660.730.540.78
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Avicanna Account Relationship Matchups

Avicanna fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.2M30.2M22.3M17.6M22.0M23.0M
Short Long Term Debt Total1.3M1.9M1.7M3.2M1.8M1.6M
Other Current Liab3.3M145.2K3.7M3.8M1.4M1.9M
Total Current Liabilities8.7M12.8M12.2M11.4M12.0M8.3M
Total Stockholder Equity22.4M6.0M1.1M(383.6K)(112.5K)(106.9K)
Net Tangible Assets4.4M8.1M5.5M847.0K974.0K925.3K
Net Debt829.2K671.2K1.6M2.0M1.3M723.3K
Retained Earnings(30.8M)(62.0M)(77.4M)(90.8M)(98.7M)(93.8M)
Accounts Payable5.2M6.6M7.3M4.8M8.9M4.8M
Cash441.8K1.3M31.0K1.2M477.2K652.9K
Non Current Assets Total41.2M23.4M14.9M10.6M13.5M18.1M
Non Currrent Assets Other3.8M526.3K(14.9M)(10.6M)(9.5M)(9.0M)
Cash And Short Term Investments441.8K2.5M31.0K1.2M477.2K826.1K
Net Receivables1.2M1.0M2.3M2.1M3.0M3.1M
Common Stock Shares Outstanding20.5M29.4M41.3M59.2M84.7M88.9M
Long Term Debt Total1.0M161.1K415.8K401.4K461.6K320.4K
Liabilities And Stockholders Equity45.2M30.2M22.3M17.6M22.0M23.0M
Non Current Liabilities Total6.6M3.4M3.2M2.8M2.0M2.5M
Inventory1.6M1.9M4.1M3.2M4.5M4.8M
Other Current Assets117.4K1.3M901.3K481.0K470.7K577.8K
Total Liab15.3M16.2M15.4M14.2M14.0M10.8M
Total Current Assets4.0M6.8M7.4M7.1M8.5M5.0M
Short Term Debt225.0K1.8M1.2M2.8M1.7M1.1M
Intangible Assets11.1M497.5K299.2K167.6K1.2M1.1M
Common Stock46.0M57.5M66.2M74.9M81.0M48.1M
Property Plant Equipment23.2M21.8M14.5M10.4M11.9M13.6M
Property Plant And Equipment Net23.2M21.8M14.5M10.4M12.0M15.5M
Other Stockholder Equity8.3M12.7M16.5M18.5M21.3M11.6M
Net Invested Capital23.1M7.6M2.7M2.5M1.4M1.4M
Property Plant And Equipment Gross23.2M23.4M16.3M11.9M14.3M16.6M
Accumulated Other Comprehensive Income(1.1M)(2.1M)(4.2M)(3.0M)17.6M18.5M
Net Working Capital(4.8M)(6.1M)(4.8M)(4.3M)(3.5M)(3.7M)
Other Liab5.5M3.3M2.8M2.4M2.1M2.7M
Capital Stock46.0M57.5M66.2M74.9M81.0M63.6M

Other Information on Investing in Avicanna Stock

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

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