What is the Return on Assets (ROA) of Avicanna this year?
The Return on Assets (ROA) of Avicanna is -0.4 undefined this year.
Avicanna ROA 2024
Avicanna ROA
-0.4
Ticker
AVCN.TO
ISIN
CA05368K1003
WKN
A2PN04
In 2024, Avicanna's return on assets (ROA) was -0.4, a -52.43% increase from the -0.84 ROA in the previous year.
Avicanna Aktienanalyse
What does Avicanna do?
Avicanna Inc is a Canadian biopharmaceutical company specializing in the research, development, and manufacturing of medical marijuana products. The company was founded in 2016 by its president and CEO Aras Azadian, who has extensive experience in the pharmaceutical and biotechnology industry. The company is based in Toronto, Canada and also operates in Colombia and Switzerland. Avicanna has several subsidiaries, including Santa Marta Golden Hemp, which operates its cultivation business in Colombia. Avicanna's business model is focused on producing medical marijuana products that have better efficacy and tolerability than conventional products. The company uses a specialized process called PhytoVista™ to isolate and extract the active ingredients in plant extracts. Avicanna operates in various sectors, including the manufacturing and marketing of medical marijuana products, research and development of effective medical treatments, and collaboration with healthcare facilities and government agencies in marijuana regulation. The company offers a variety of products, including different types of hemp oil, CBD products, and pharmaceutical products such as Rho PhytoTM and Pura EarthTM. These products all share the common approach of providing patients with better, more effective, and tolerable treatment options. Rho PhytoTM is a patented medical marijuana product by Avicanna, derived from a specific cannabis strain called ACMPR. This product is approved in Canada and available as an oral solution and syringe. Rho PhytoTM is specifically tailored to meet the needs of patients with neurodegenerative diseases and has proven to be effective. Pura EarthTM is a herbal remedy derived from the medical marijuana plant and is intended to be used as an alternative medicine for pain and inflammation. In addition to manufacturing medical marijuana products, the company also conducts intensive research and development to develop medications based on synthetic cannabinoids. These substances have the potential to help patients with various conditions such as multiple sclerosis, epilepsy, and tumor diseases. Avicanna also has partnerships with various healthcare facilities and government agencies to advance the regulation of medical marijuana and ensure the safety and efficacy of these products. In summary, Avicanna is an innovative biopharmaceutical company specializing in the manufacturing and marketing of medical marijuana products. The company serves various areas within the marijuana industry, including the production of medical products, research and development, and regulation of marijuana products. With an extensive product range and a strong research and development department, Avicanna is well positioned to continue growing and developing more innovative products in the coming years. Avicanna ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Avicanna's Return on Assets (ROA)
Avicanna's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Avicanna's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Avicanna's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Avicanna’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Avicanna stock
What was the ROA of Avicanna compared to the previous year?
The ROA of Avicanna has increased by -52.43% compared to the previous year.
What consequences do high ROA have for investors of Avicanna?
A high ROA is advantageous for investors of Avicanna, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Avicanna?
A low ROA can be unfavorable for investors of Avicanna as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Avicanna affect the company?
An increase in ROA of Avicanna can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Avicanna impact the company?
A reduction in the ROA of Avicanna can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Avicanna?
Some factors that can influence the ROA of Avicanna include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Avicanna important for investors?
The ROA of Avicanna is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Avicanna take to improve ROA?
To improve ROA, Avicanna can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Avicanna pay?
Over the past 12 months, Avicanna paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Avicanna is expected to pay a dividend of 0 CAD.
What is the dividend yield of Avicanna?
The current dividend yield of Avicanna is .
When does Avicanna pay dividends?
Avicanna pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Avicanna?
Avicanna paid dividends every year for the past 0 years.
What is the dividend of Avicanna?
For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Avicanna located?
Avicanna is assigned to the 'Health' sector.
Wann musste ich die Aktien von Avicanna kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Avicanna from 10/6/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 10/6/2024.
When did Avicanna pay the last dividend?
The last dividend was paid out on 10/6/2024.
What was the dividend of Avicanna in the year 2023?
In the year 2023, Avicanna distributed 0 CAD as dividends.
In which currency does Avicanna pay out the dividend?
The dividends of Avicanna are distributed in CAD.
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Our stock analysis for Avicanna Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Avicanna Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
