Decibel Cannabis Gross Profit vs. Cash And Equivalents
Based on Decibel Cannabis' profitability indicators, Decibel Cannabis may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Decibel Cannabis' ability to earn profits and add value for shareholders.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Please note, there is a significant difference between Decibel Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Decibel Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Decibel Cannabis' 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.
For Decibel Cannabis profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Decibel Cannabis to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Decibel Cannabis utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Decibel Cannabis's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Decibel Cannabis over time as well as its relative position and ranking within its peers.
Decibel |
Decibel Cannabis Cash And Equivalents vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Decibel Cannabis's current stock value. Our valuation model uses many indicators to compare Decibel Cannabis value to that of its competitors to determine the firm's financial worth. Decibel Cannabis is one of the top stocks in gross profit category among its peers. It is rated # 2 in cash and equivalents category among its peers creating about 0.17 of Cash And Equivalents per Gross Profit. The ratio of Gross Profit to Cash And Equivalents for Decibel Cannabis is roughly 5.93 . 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 Decibel Cannabis' earnings, one of the primary drivers of an investment's value.Decibel Cash And Equivalents vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Decibel Cannabis |
| = | 26.43 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Decibel Cannabis |
| = | 4.46 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Decibel Cash And Equivalents Comparison
Decibel Cannabis is currently under evaluation in cash and equivalents category among its peers.
Decibel Cannabis Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Decibel Cannabis, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Decibel Cannabis will eventually generate negative long term returns. The profitability progress is the general direction of Decibel Cannabis' change in net profit over the period of time. It can combine multiple indicators of Decibel Cannabis, 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.
Decibel Cannabis Company Inc. engages in the cultivation, processing, production, and retail sale of cannabis products in Canada. Decibel Cannabis Company Inc. is headquartered in Calgary, Canada. DECIBEL CANNABIS is traded on Commodity Exchange in Exotistan.
Decibel Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Decibel Cannabis. 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 Decibel Cannabis 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 Decibel Cannabis' important profitability drivers and their relationship over time.
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Additional Tools for Decibel Stock Analysis
When running Decibel Cannabis' price analysis, check to measure Decibel Cannabis' 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 Decibel Cannabis is operating at the current time. Most of Decibel Cannabis' value examination focuses on studying past and present price action to predict the probability of Decibel Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decibel Cannabis' price. Additionally, you may evaluate how the addition of Decibel Cannabis to your portfolios can decrease your overall portfolio volatility.