Pure Financial Statements From 2010 to 2024
Pure Global financial statements provide useful quarterly and yearly information to potential Pure Global Cannabis investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Pure Global financial statements helps investors assess Pure Global's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Pure Global's valuation are summarized below:Pure Global Cannabis does not presently have any trending fundamental ratios for analysis.
This module can also supplement various Pure Global Technical models . Check out the analysis of Pure Global Correlation against competitors.
Check Pure Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pure Global's main balance sheet or income statement drivers, such as , as well as many indicators such as . Pure financial statements analysis is a perfect complement when working with Pure Global Valuation or Volatility modules.
Pure |
Pure Global Cannabis Company Return On Equity Analysis
Pure Global's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Pure Global Return On Equity | -1.46 |
Most of Pure Global's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pure Global Cannabis is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Pure Global Cannabis has a Return On Equity of -1.4603. This is 93.91% lower than that of the Healthcare sector and significantly lower than that of the Drug Manufacturers—Specialty & Generic industry. The return on equity for all United States stocks is notably higher than that of the company.
Pure Global Cannabis Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pure Global's current stock value. Our valuation model uses many indicators to compare Pure Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pure Global competition to find correlations between indicators driving Pure Global's intrinsic value. More Info.Pure Global Cannabis is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . 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 Pure Global's earnings, one of the primary drivers of an investment's value.About Pure Global Financial Statements
Pure Global stakeholders use historical fundamental indicators, such as Pure Global's revenue or net income, to determine how well the company is positioned to perform in the future. Although Pure Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Pure Global's assets and liabilities are reflected in the revenues and expenses on Pure Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Pure Global Cannabis. Please read more on our technical analysis and fundamental analysis pages.
Pure Global Cannabis Inc. produces cannabis products for the medical and adult-use markets in Canada. Pure Global Cannabis Inc. is headquartered in Toronto, Canada. PURE GLOBAL operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on PNK Exchange.
Currently Active Assets on Macroaxis
Other Information on Investing in Pure Pink Sheet
Pure Global financial ratios help investors to determine whether Pure Pink Sheet 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 Pure with respect to the benefits of owning Pure Global security.