Edesa Historical Balance Sheet

EDSA Stock  USD 2.44  0.07  2.95%   
Trend analysis of Edesa Biotech balance sheet accounts such as Total Current Liabilities of 1.3 M or Total Stockholder Equity of 6.4 M provides information on Edesa Biotech's total assets, liabilities, and equity, which is the actual value of Edesa Biotech to its prevalent stockholders. By breaking down trends over time using Edesa Biotech balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Edesa Biotech latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Edesa Biotech is a good buy for the upcoming year.

Edesa Biotech Inventory

(1.07 Million)

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edesa Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Edesa Stock refer to our How to Trade Edesa Stock guide.

About Edesa Balance Sheet Analysis

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

Edesa Biotech Balance Sheet Chart

At present, Edesa Biotech's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 3 M, whereas Total Assets are forecasted to decline to about 8.7 M.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most accounts from Edesa Biotech's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Edesa Biotech current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edesa Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Edesa Stock refer to our How to Trade Edesa Stock guide.At present, Edesa Biotech's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 3 M, whereas Total Assets are forecasted to decline to about 8.7 M.
 2021 2022 2023 2024 (projected)
Non Current Assets Total2.5M2.5M2.8M3.0M
Cash7.1M5.4M6.2M5.6M

Edesa Biotech balance sheet Correlations

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0.970.270.310.69-0.83-0.530.830.21-0.140.960.060.390.00.310.310.220.33-0.330.270.670.530.050.530.310.09
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0.24-0.1-0.320.350.0-0.41-0.04-0.33-0.480.45-0.5-0.32-0.44-0.190.331.0-0.4-0.26-0.090.260.920.580.5-0.11-0.34
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0.190.590.6-0.48-0.590.170.57-0.27-0.310.36-0.3-0.250.00.960.27-0.07-0.22-0.090.27-0.32-0.150.35-0.37-0.5-0.04
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Edesa Biotech Account Relationship Matchups

Edesa Biotech balance sheet Accounts

201920202021202220232024 (projected)
Total Assets10.8M14.6M11.6M8.9M10.2M8.7M
Other Current Liab(69.7K)1.4M(19.0K)1.7M1.6M1.7M
Total Current Liabilities1.5M1.5M2.1M1.8M2.1M1.3M
Total Stockholder Equity6.6M13.1M9.4M7.0M8.1M6.4M
Net Debt(7.0M)(7.7M)(7.1M)(5.3M)(4.7M)(5.0M)
Retained Earnings(13.1M)(26.5M)(44.0M)(52.4M)(47.2M)(44.8M)
Cash7.2M7.8M7.1M5.4M6.2M5.6M
Non Current Assets Total2.7M2.5M2.5M2.5M2.8M3.0M
Cash And Short Term Investments7.2M7.8M7.1M5.4M6.2M6.8M
Common Stock Shares Outstanding1.2M1.7M2.1M2.9M3.3M3.5M
Liabilities And Stockholders Equity10.8M14.6M11.6M8.9M10.2M8.7M
Other Current Assets802.9K1.9M745.5K448.9K516.2K402.8K
Other Stockholder Equity1.6M4.9M11.2M13.0M15.0M15.7M
Total Liab4.1M1.5M2.2M1.8M2.1M2.3M
Total Current Assets8.1M12.1M9.1M6.4M7.4M7.6M
Property Plant And Equipment Net174.8K111.6K31.2K100.1K90.1K85.6K
Net Receivables87.4K3.3M1.3M626.5K720.5K521.2K
Property Plant And Equipment Gross174.8K145.4K70.7K143.9K129.5K123.1K
Accumulated Other Comprehensive Income(287.2K)(205.3K)(213.6K)(214.6K)(246.8K)(234.5K)
Non Current Liabilities Total2.6M67.7K43.7K19.8K17.8K16.9K
Inventory224.3K(217.1K)(87.4K)(1.3M)(1.1M)(1.1M)
Common Stock18.5M34.9M42.5M46.6M53.6M39.4M
Property Plant Equipment73.1K174.8K111.6K31.2K28.0K26.6K
Accounts Payable1.5M1.4M2.1M1.7M2.0M1.2M
Net Tangible Assets5.3M4.1M10.7M7.1M8.2M4.3M
Net Invested Capital6.6M13.1M9.4M7.0M8.1M9.4M
Net Working Capital6.6M10.6M7.0M4.6M4.2M5.8M
Capital Stock18.5M34.9M42.5M46.6M53.6M38.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Edesa Biotech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edesa Biotech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edesa Biotech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edesa Biotech Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edesa Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Edesa Stock refer to our How to Trade Edesa Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edesa Biotech. If investors know Edesa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edesa Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(19.78)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.72)
Return On Equity
(1.29)
The market value of Edesa Biotech is measured differently than its book value, which is the value of Edesa that is recorded on the company's balance sheet. Investors also form their own opinion of Edesa Biotech's value that differs from its market value or its book value, called intrinsic value, which is Edesa Biotech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edesa Biotech's market value can be influenced by many factors that don't directly affect Edesa Biotech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edesa Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edesa Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edesa Biotech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.