Avricore Health Cash And Equivalents vs. Total Debt

AVCR Stock  CAD 0.08  0.01  14.29%   
Considering the key profitability indicators obtained from Avricore Health's historical financial statements, Avricore Health may not be well positioned to generate adequate gross income at this time. It has a very high odds of underperforming in January. Profitability indicators assess Avricore Health's ability to earn profits and add value for shareholders. Operating Cash Flow Sales Ratio is likely to climb to 0.20 in 2024, whereas Price To Sales Ratio is likely to drop 4.61 in 2024. At this time, Avricore Health's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 50.5 K in 2024, whereas Net Loss is likely to drop (736.3 K) in 2024.
For Avricore Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avricore Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avricore Health utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avricore Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avricore Health over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Avricore Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avricore Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avricore Health'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.

Avricore Health Total Debt vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Avricore Health's current stock value. Our valuation model uses many indicators to compare Avricore Health value to that of its competitors to determine the firm's financial worth.
Avricore Health is number one stock in cash and equivalents category among its peers. It also is the top company in total debt category among its peers making up about  0.33  of Total Debt per Cash And Equivalents. The ratio of Cash And Equivalents to Total Debt for Avricore Health is roughly  3.05 . Total Debt To Capitalization is likely to drop to 0.02 in 2024. 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 Avricore Health's earnings, one of the primary drivers of an investment's value.

Avricore Total Debt vs. Cash And Equivalents

Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Avricore Health

Cash

 = 

Bank Deposits

+

Liquidities

 = 
122.09 K
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Avricore Health

Total Debt

 = 

Bonds

+

Notes

 = 
40 K
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.

Avricore Total Debt vs Competition

Avricore Health is the top company in total debt category among its peers. Total debt of Health Care industry is presently estimated at about 1.32 Trillion. Avricore Health adds roughly 40,000 in total debt claiming only tiny portion of equities under Health Care industry.
Total debt  Revenue  Valuation  Capitalization  Workforce

Avricore Health Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Avricore Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avricore Health will eventually generate negative long term returns. The profitability progress is the general direction of Avricore Health's change in net profit over the period of time. It can combine multiple indicators of Avricore Health, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income6.8 M7.2 M
Operating Income-687.2 K-721.6 K
Net Loss-701.2 K-736.3 K
Income Tax Expense44.2 K50.5 K
Income Before Tax-701.2 K-736.3 K
Total Other Income Expense Net-11.2 K-11.8 K
Net Loss-701.2 K-736.3 K
Net Loss-2 M-2.1 M
Net Interest Income-2.7 K-2.9 K
Interest Income3.3 K3.1 K
Change To Netincome480.8 K857.9 K
Net Loss(0.01)(0.01)
Income Quality(0.94)(0.89)
Net Income Per E B T 0.99  0.82 

Avricore Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Avricore Health. 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 Avricore Health 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 Avricore Health's important profitability drivers and their relationship over time.

Use Avricore Health 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 Avricore Health 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 Avricore Health will appreciate offsetting losses from the drop in the long position's value.

Avricore Health Pair Trading

Avricore Health Pair Trading Analysis

The ability to find closely correlated positions to Avricore Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avricore Health 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 Avricore Health - 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 Avricore Health to buy it.
The correlation of Avricore Health 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 Avricore Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avricore Health 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 Avricore Health 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Avricore Health position

In addition to having Avricore Health 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.

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Additional Tools for Avricore Stock Analysis

When running Avricore Health's price analysis, check to measure Avricore Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avricore Health is operating at the current time. Most of Avricore Health's value examination focuses on studying past and present price action to predict the probability of Avricore Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avricore Health's price. Additionally, you may evaluate how the addition of Avricore Health to your portfolios can decrease your overall portfolio volatility.