Aurora Cannabis Net Income vs. Market Capitalization
| ACB Stock | USD 4.55 0.01 0.22% |
Net Loss | First Reported 2007-06-30 | Previous Quarter 6.5 M | Current Value -12 M | Quarterly Volatility 318.3 M |
For Aurora Cannabis profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aurora Cannabis to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aurora Cannabis utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aurora Cannabis's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aurora Cannabis over time as well as its relative position and ranking within its peers.
Aurora |
Is Pharmaceuticals 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 Aurora Cannabis. If investors know Aurora 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 Aurora Cannabis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share (0.46) | Revenue Per Share 0.033 | Quarterly Revenue Growth 0.285 | Return On Assets (0.01) |
The market value of Aurora Cannabis is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Aurora Cannabis' 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 Aurora Cannabis' market value can be influenced by many factors that don't directly affect Aurora Cannabis' 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 Aurora Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Cannabis' 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.
Aurora Cannabis Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aurora Cannabis's current stock value. Our valuation model uses many indicators to compare Aurora Cannabis value to that of its competitors to determine the firm's financial worth. Aurora Cannabis is number one stock in net income category among its peers. It is rated below average in market capitalization category among its peers . At present, Aurora Cannabis' Net Loss is projected to decrease significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Aurora Cannabis' earnings, one of the primary drivers of an investment's value.Aurora Market Capitalization vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Aurora Cannabis |
| = | (59.05 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Aurora Cannabis |
| = | 259.17 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Aurora Market Capitalization vs Competition
Aurora Cannabis is rated below average in market capitalization category among its peers. Market capitalization of Health Care industry is presently estimated at about 6.17 Billion. Aurora Cannabis holds roughly 259.17 Million in market capitalization claiming about 4% of equities under Health Care industry.
Aurora Cannabis Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aurora Cannabis, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aurora Cannabis will eventually generate negative long term returns. The profitability progress is the general direction of Aurora Cannabis' change in net profit over the period of time. It can combine multiple indicators of Aurora Cannabis, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -43.7 M | -41.5 M | |
| Operating Income | -46.5 M | -48.8 M | |
| Net Loss | -59 M | -62 M | |
| Income Tax Expense | -554 K | -581.7 K | |
| Income Before Tax | -59.6 M | -62.6 M | |
| Total Other Income Expense Net | -31.1 M | -32.7 M | |
| Net Loss | -59 M | -62 M | |
| Net Loss | -1.5 B | -1.5 B | |
| Net Interest Income | -1.4 M | -1.4 M | |
| Interest Income | 12.8 M | 12.2 M | |
| Change To Netincome | 1.7 B | 1.8 B | |
| Net Loss | (1.46) | (1.53) | |
| Income Quality | 1.16 | 1.20 | |
| Net Income Per E B T | 1.16 | 0.76 |
Aurora Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aurora Cannabis. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Aurora Cannabis position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Aurora Cannabis' important profitability drivers and their relationship over time.
Use Aurora Cannabis in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aurora Cannabis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aurora Cannabis will appreciate offsetting losses from the drop in the long position's value.Aurora Cannabis Pair Trading
Aurora Cannabis Pair Trading Analysis
The ability to find closely correlated positions to Aurora Cannabis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aurora Cannabis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aurora Cannabis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aurora Cannabis to buy it.
The correlation of Aurora Cannabis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aurora Cannabis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurora Cannabis moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aurora Cannabis can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Aurora Cannabis position
In addition to having Aurora Cannabis in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 39 constituents at this time.
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Check out Trending Equities. For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
To fully project Aurora Cannabis' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aurora Cannabis at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Aurora Cannabis' income statement, its balance sheet, and the statement of cash flows.