C21 Investments Operating Margin vs. Cash Per Share
| CXXIF Stock | USD 0.21 0.01 4.55% |
For C21 Investments profitability analysis, we use financial ratios and fundamental drivers that measure the ability of C21 Investments to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well C21 Investments utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between C21 Investments's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of C21 Investments over time as well as its relative position and ranking within its peers.
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C21 Investments Cash Per Share vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining C21 Investments's current stock value. Our valuation model uses many indicators to compare C21 Investments value to that of its competitors to determine the firm's financial worth. C21 Investments is number one stock in operating margin category among its peers. It is rated third in cash per share category among its peers fabricating about 0.09 of Cash Per Share per Operating Margin. The ratio of Operating Margin to Cash Per Share for C21 Investments is roughly 10.70 . 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 C21 Investments' earnings, one of the primary drivers of an investment's value.C21 Cash Per Share vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
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| = | 0.21 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 0.02 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
C21 Cash Per Share Comparison
C21 Investments is currently under evaluation in cash per share category among its peers.
C21 Investments Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in C21 Investments, profitability is also one of the essential criteria for including it into their portfolios because, without profit, C21 Investments will eventually generate negative long term returns. The profitability progress is the general direction of C21 Investments' change in net profit over the period of time. It can combine multiple indicators of C21 Investments, 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.
C21 Investments Inc., an integrated cannabis company, cultivates, processes, distributes, and sells cannabis and hemp-derived consumer products in the United States. C21 Investments Inc. was incorporated in 1987 and is headquartered in Vancouver, Canada. C21 Investments is traded on OTC Exchange in the United States.
C21 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on C21 Investments. 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 C21 Investments 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 C21 Investments' important profitability drivers and their relationship over time.
Use C21 Investments 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 C21 Investments 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 C21 Investments will appreciate offsetting losses from the drop in the long position's value.C21 Investments Pair Trading
C21 Investments Pair Trading Analysis
The ability to find closely correlated positions to C21 Investments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace C21 Investments 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 C21 Investments - 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 C21 Investments to buy it.
The correlation of C21 Investments 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 C21 Investments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if C21 Investments 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 C21 Investments 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.Use Investing Themes to Complement your C21 Investments position
In addition to having C21 Investments in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Drugs Thematic Idea Now
Drugs
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Drugs Theme or any other thematic opportunities.
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Other Information on Investing in C21 OTC Stock
To fully project C21 Investments' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of C21 Investments at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include C21 Investments' income statement, its balance sheet, and the statement of cash flows.