Nova Cannabis Valuation
Based on Macroaxis valuation methodology, the firm cannot be evaluated at this time. Nova Cannabis last-minute Real Value cannot be determined due to lack of data. The latest price of Nova Cannabis is $0.0. Our model forecasts the value of Nova Cannabis from analyzing the firm fundamentals such as Current Valuation of 59.13 M, profit margin of (0.05) %, and Return On Equity of -0.2 as well as examining its technical indicators and probability of bankruptcy. . In general, most investors recommend locking in undervalued stocks and disposing overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.
Nova Cannabis Total Value Analysis
Nova Cannabis is now forecasted to have takeover price of 59.13 M with market capitalization of 35.92 M, debt of 60.11 M, and cash on hands of 6.22 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Nova Cannabis fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
59.13 M | 35.92 M | 60.11 M | 6.22 M |
Nova Cannabis Investor Information
About 63.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.44. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nova Cannabis recorded a loss per share of 0.3. The entity last dividend was issued on the 17th of June 2019. Based on the key indicators related to Nova Cannabis' liquidity, profitability, solvency, and operating efficiency, Nova Cannabis is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.Nova Cannabis Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nova Cannabis has an asset utilization ratio of 113.2 percent. This implies that the OTC Stock is making $1.13 for each dollar of assets. An increasing asset utilization means that Nova Cannabis is more efficient with each dollar of assets it utilizes for everyday operations.Nova Cannabis Ownership Allocation
Nova Cannabis maintains a total of 57.15 Million outstanding shares. Nova Cannabis secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 62.72 % of Nova Cannabis outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.Nova Cannabis Profitability Analysis
The company reported the revenue of 134.36 M. Net Loss for the year was (20.61 M) with profit before overhead, payroll, taxes, and interest of 24.89 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Nova Cannabis' worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Nova Cannabis and how it compares across the competition.
Nova Cannabis Growth Indicators
Investing in growth stocks can be very risky. If the company such as Nova Cannabis does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 57.1 M | |
| Retained Earnings | -40.8 M |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Nova Cannabis information on this page should be used as a complementary analysis to other Nova Cannabis' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in Nova OTC Stock
If you are still planning to invest in Nova Cannabis check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nova Cannabis' history and understand the potential risks before investing.
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