Medicure Financials

Medicure Stock Summary

Medicure competes with Grey Cloak. Medicure Inc., a biopharmaceutical company, engages in the research, development, and commercialization of human therapies for the cardiovascular market in Canada and the United States. The company was incorporated in 1997 and is headquartered in Winnipeg, Canada. Medicure is traded on OTC Exchange in the United States.

Medicure Key Financial Ratios

There are many critical financial ratios that Medicure's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Medicure reports annually and quarterly.

Medicure Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Medicure's current stock value. Our valuation model uses many indicators to compare Medicure value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Medicure competition to find correlations between indicators driving Medicure's intrinsic value. More Info.Medicure is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.14  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Medicure is roughly  7.06 . 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 Medicure's earnings, one of the primary drivers of an investment's value.

Medicure Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Medicure help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Medicure. We use our internally-developed statistical techniques to arrive at the intrinsic value of Medicure based on widely used predictive technical indicators. In general, we focus on analyzing Medicure Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Medicure's daily price indicators and compare them against related drivers.

When running Medicure's price analysis, check to measure Medicure'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 Medicure is operating at the current time. Most of Medicure's value examination focuses on studying past and present price action to predict the probability of Medicure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medicure's price. Additionally, you may evaluate how the addition of Medicure to your portfolios can decrease your overall portfolio volatility.