Nova Cannabis Inc. (NOVC-TO) Stock Split, History Data
Working capital analysis
In terms of working capital, Nova Cannabis Inc. maintains a healthy position.
The total current assets of the company are valued at $36734000.
This represents a growth rate of 96.103% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $13813000, exhibiting a growth rate of 174.449% year-on-year.
The receivables, another significant portion of the current assets, are valued at $5692000.
The year-on-year growth rate for receivables is 330.234%.
The inventory, which forms a critical part of the assets, is valued at $16389000.
This represents a healthy year-on-year growth of 40.461%
On the liabilities side, the company's current liabilities total $29990000.
This reflects a growth rate of 50.764% over the previous year, indicating the company's financial obligations are well under control.
2023
2022
2021
2020
2019
Cash and investments
13.81
5.03
10.53
1.75
6.41
Receavebles
5.69
1.32
1.16
0.12
0.58
Inventory
16.39
11.67
8.73
0.92
1.03
Other
0.84
0.71
0.67
0.69
0.79
Total Current Assets
36.73
18.73
21.09
3.48
8.81
Acc Payable
3.06
1.96
3.43
0.51
1.04
Short Term Debt
20.46
13.79
5.45
1.04
0.94
Other Current Liab
6.47
0.00
0.08
0.54
0.71
Current Liabilities
29.99
19.89
13.41
2.08
2.69
Capital Structure
When examining the capital structure of Nova Cannabis Inc., it is clear that the company manages a robust portfolio.
These earnings represent the profits that Nova Cannabis Inc. has chosen to reinvest in the business rather than distribute as dividends.
