Auxly Cannabis Cash And Equivalents vs. Return On Equity

XLY Stock  CAD 0.04  0.01  16.67%   
Based on Auxly Cannabis' profitability indicators, Auxly Cannabis Group may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Auxly Cannabis' ability to earn profits and add value for shareholders.
 
Cash And Equivalents  
First Reported
2010-12-31
Previous Quarter
13.2 M
Current Value
12.5 M
Quarterly Volatility
53.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of the 25th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.09, while Price To Sales Ratio is likely to drop 0.09. As of the 25th of December 2024, Accumulated Other Comprehensive Income is likely to grow to about 52.4 M, though Operating Income is likely to grow to (40 M).
For Auxly Cannabis profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Auxly Cannabis to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Auxly Cannabis Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Auxly Cannabis's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Auxly Cannabis Group over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Auxly Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Auxly Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Auxly 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.

Auxly Cannabis Group Return On Equity vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Auxly Cannabis's current stock value. Our valuation model uses many indicators to compare Auxly Cannabis value to that of its competitors to determine the firm's financial worth.
Auxly Cannabis Group is rated first in cash and equivalents category among its peers. It is rated first in return on equity category among its peers . At this time, Auxly Cannabis' Cash And Equivalents is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Auxly Cannabis by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Auxly Cannabis' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Auxly Return On Equity vs. Cash And Equivalents

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.

Auxly Cannabis

Cash

 = 

Bank Deposits

+

Liquidities

 = 
14.64 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).
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.

Auxly Cannabis

Return On Equity

 = 

Net Income

Total Equity

 = 
-0.52
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.

Auxly Return On Equity Comparison

Auxly Cannabis is currently under evaluation in return on equity category among its peers.

Auxly Cannabis Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Auxly Cannabis, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Auxly Cannabis will eventually generate negative long term returns. The profitability progress is the general direction of Auxly Cannabis' change in net profit over the period of time. It can combine multiple indicators of Auxly 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income48.3 M52.4 M
Operating Income-42.2 M-40 M
Income Before Tax-47.7 M-45.4 M
Total Other Income Expense Net-5.6 M-5.9 M
Net Loss-44.5 M-42.3 M
Income Tax Expense-3.2 M-3.1 M
Interest Income32 K30.4 K
Net Loss-117.3 M-111.4 M
Net Interest Income-25.7 M-24.4 M
Net Loss-44.5 M-46.7 M
Change To Netincome-581.9 K-552.8 K
Net Loss(0.04)(0.05)
Income Quality(0.18)(0.18)
Net Income Per E B T 0.93  0.77 

Auxly Profitability Driver Comparison

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

Use Auxly Cannabis 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 Auxly Cannabis 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 Auxly Cannabis will appreciate offsetting losses from the drop in the long position's value.

Auxly Cannabis Pair Trading

Auxly Cannabis Group Pair Trading Analysis

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

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Other Information on Investing in Auxly Stock

To fully project Auxly Cannabis' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Auxly Cannabis Group 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 Auxly Cannabis' income statement, its balance sheet, and the statement of cash flows.
Potential Auxly Cannabis investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Auxly Cannabis investors may work on each financial statement separately, they are all related. The changes in Auxly Cannabis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Auxly Cannabis's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.