CannBioRx Life Market Capitalization vs. Number Of Employees

ATNFW Stock  USD 0.01  0.000012  0.15%   
Based on the measurements of profitability obtained from CannBioRx Life's financial statements, CannBioRx Life Sciences 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 CannBioRx Life's ability to earn profits and add value for shareholders.

CannBioRx Life Market Cap

1.68 Million

At this time, CannBioRx Life's Payables Turnover is fairly stable compared to the past year. Days Payables Outstanding is likely to climb to about 13.4 K in 2024, despite the fact that Book Value Per Share is likely to grow to (0.32).
For CannBioRx Life profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CannBioRx Life to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CannBioRx Life Sciences utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CannBioRx Life's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CannBioRx Life Sciences over time as well as its relative position and ranking within its peers.
  
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CannBioRx Life. If investors know CannBioRx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CannBioRx Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(0.64)
Return On Equity
(3.99)
The market value of CannBioRx Life Sciences is measured differently than its book value, which is the value of CannBioRx that is recorded on the company's balance sheet. Investors also form their own opinion of CannBioRx Life's value that differs from its market value or its book value, called intrinsic value, which is CannBioRx Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CannBioRx Life's market value can be influenced by many factors that don't directly affect CannBioRx Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CannBioRx Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if CannBioRx Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CannBioRx Life'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.

CannBioRx Life Sciences Number Of Employees vs. Market Capitalization Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining CannBioRx Life's current stock value. Our valuation model uses many indicators to compare CannBioRx Life value to that of its competitors to determine the firm's financial worth.
CannBioRx Life Sciences is number one stock in market capitalization category among its peers. It is rated fourth in number of employees category among its peers . The ratio of Market Capitalization to Number Of Employees for CannBioRx Life Sciences is about  62,694,550 . At this time, CannBioRx Life's Market Cap is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value CannBioRx Life by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

CannBioRx Market Capitalization vs. Competition

CannBioRx Life Sciences is number one stock in market capitalization category among its peers. Market capitalization of Health Care industry is presently estimated at about 340.42 Million. CannBioRx Life totals roughly 250.78 Million in market capitalization claiming about 74% of equities under Health Care industry.
Capitalization  Valuation  Workforce  Total debt  Revenue

CannBioRx Number Of Employees vs. Market Capitalization

Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

CannBioRx Life

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
250.78 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

CannBioRx Life

Number of Employees

 = 

Full Time

+

Part Time

 = 
4
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.

CannBioRx Number Of Employees vs Competition

CannBioRx Life Sciences is rated fourth in number of employees category among its peers. The total workforce of Health Care industry is presently estimated at about 28.0. CannBioRx Life retains roughly 4.0 in number of employees claiming about 14% of equities under Health Care industry.

CannBioRx Life Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in CannBioRx Life, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CannBioRx Life will eventually generate negative long term returns. The profitability progress is the general direction of CannBioRx Life's change in net profit over the period of time. It can combine multiple indicators of CannBioRx Life, 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 Income-2.9 M-2.8 M
Operating Income-13.5 M-14.2 M
Income Before Tax-22.3 M-23.4 M
Net Loss-105 K-99.7 K
Net Loss-19.9 M-20.9 M
Total Other Income Expense Net-8.8 M-9.2 M
Income Tax Expense-2.3 M-2.2 M
Net Interest Income-40.8 K-42.9 K
Net Loss-40.5 M-42.5 M
Net Loss(52.60)(55.23)
Income Quality 0.55  0.58 
Net Income Per E B T 0.89  0.71 

CannBioRx Profitability Driver Comparison

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

Use CannBioRx Life 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 CannBioRx Life 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 CannBioRx Life will appreciate offsetting losses from the drop in the long position's value.

CannBioRx Life Pair Trading

CannBioRx Life Sciences Pair Trading Analysis

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

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Additional Tools for CannBioRx Stock Analysis

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