Goodfood Market Corp Stock Today

FOOD Stock  CAD 0.45  0.01  2.27%   

Performance

15 of 100

 
Weak
 
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Good

Odds Of Distress

Less than 27

 
High
 
Low
Below Average
Goodfood Market is selling at 0.45 as of the 2nd of December 2024; that is 2.27% increase since the beginning of the trading day. The stock's open price was 0.44. Goodfood Market has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Goodfood Market Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 2nd of December 2024. Click here to learn more.
Business Domain
Consumer Services
Category
Consumer Cyclical
Classification
Consumer Discretionary
Goodfood Market Corp., an online grocery company, delivers fresh meals and grocery products in Canada. Goodfood Market Corp. is headquartered in Saint-Laurent, Canada. GOODFOOD MARKET is traded on Toronto Stock Exchange in Canada. The company has 77.34 M outstanding shares of which 96.23 K shares are currently shorted by private and institutional investors with about 0.65 days to cover all short positions. More on Goodfood Market Corp

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Goodfood Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Goodfood Market's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Goodfood Market or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the Board, CEOJonathan Ferrari
Thematic IdeaNatural Foods (View all Themes)
Business ConcentrationDiversified Consumer Services, Consumer Services, Consumer Discretionary, Natural Foods, Consumer Discretionary, Diversified Consumer Services, Personal Services, Consumer Cyclical (View all Sectors)
Goodfood Market's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Goodfood Market's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Goodfood Market can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Goodfood Market's financial leverage. It provides some insight into what part of Goodfood Market's total assets is financed by creditors.
Liquidity
Goodfood Market cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Goodfood Market Corp has accumulated 59.15 M in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Goodfood Market Corp has a current ratio of 2.8, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Goodfood Market until it has trouble settling it off, either with new capital or with free cash flow. So, Goodfood Market's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goodfood Market Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goodfood to invest in growth at high rates of return. When we think about Goodfood Market's use of debt, we should always consider it together with cash and equity.

Change In Working Capital

(5.25 Million)
Goodfood Market Corp (FOOD) is traded on Toronto Exchange in Canada and employs 780 people. Goodfood Market is listed under Diversified Consumer Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 34.42 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goodfood Market's market, we take the total number of its shares issued and multiply it by Goodfood Market's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Goodfood Market Corp operates under Diversified Consumer Services sector and is part of Consumer Discretionary industry. The entity has 77.34 M outstanding shares of which 96.23 K shares are currently shorted by private and institutional investors with about 0.65 days to cover all short positions. Goodfood Market Corp has accumulated about 36.88 M in cash with (9.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Goodfood Market Probability Of Bankruptcy
Ownership Allocation
Goodfood Market Corp has a total of 77.34 Million outstanding shares. Goodfood Market secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Goodfood Ownership Details

Goodfood Market Corp Risk Profiles

Although Goodfood Market's alpha and beta are two of the key measurements used to evaluate Goodfood Market's performance over the market, the standard measures of volatility play an important role as well.

Goodfood Stock Against Markets

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Goodfood Market Corporate Management

Elected by the shareholders, the Goodfood Market's board of directors comprises two types of representatives: Goodfood Market inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goodfood. The board's role is to monitor Goodfood Market's management team and ensure that shareholders' interests are well served. Goodfood Market's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Goodfood Market's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jonathan RoiterChief OfficerProfile
Raffi KrikorianExecutive ChainProfile
Simon BrownExecutive MerchandisingProfile
Jennifer StahlkeExecutive HappinessProfile
Bipasha ChiuChief OfficerProfile
Roslane AouameurChief OfficerProfile

Other Information on Investing in Goodfood Stock

Goodfood Market financial ratios help investors to determine whether Goodfood Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goodfood with respect to the benefits of owning Goodfood Market security.