Canlan Ice Sports Stock Probability of Future Pink Sheet Price Finishing Under 2.89
| CNLFF Stock | USD 2.97 0.00 0.00% |
Canlan |
Canlan Ice Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Canlan Ice for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Canlan Ice Sports can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Canlan Ice Sports has high likelihood to experience some financial distress in the next 2 years | |
| Canlan Ice Sports has accumulated 39.36 M in total debt with debt to equity ratio (D/E) of 1.68, which is about average as compared to similar companies. Canlan Ice Sports has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canlan Ice until it has trouble settling it off, either with new capital or with free cash flow. So, Canlan Ice's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canlan Ice Sports sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canlan to invest in growth at high rates of return. When we think about Canlan Ice's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 40.39 M. Net Loss for the year was (1.09 M) with profit before overhead, payroll, taxes, and interest of 32.25 M. | |
| About 93.0% of Canlan Ice shares are held by company insiders |
Canlan Ice Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Canlan Pink Sheet often depends not only on the future outlook of the current and potential Canlan Ice's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Canlan Ice's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.3 M |
Canlan Ice Technical Analysis
Canlan Ice's future price can be derived by breaking down and analyzing its technical indicators over time. Canlan Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canlan Ice Sports. In general, you should focus on analyzing Canlan Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Canlan Ice Predictive Forecast Models
Canlan Ice's time-series forecasting models is one of many Canlan Ice's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Canlan Ice's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Canlan Ice Sports
Checking the ongoing alerts about Canlan Ice for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Canlan Ice Sports help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Canlan Ice Sports has high likelihood to experience some financial distress in the next 2 years | |
| Canlan Ice Sports has accumulated 39.36 M in total debt with debt to equity ratio (D/E) of 1.68, which is about average as compared to similar companies. Canlan Ice Sports has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canlan Ice until it has trouble settling it off, either with new capital or with free cash flow. So, Canlan Ice's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canlan Ice Sports sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canlan to invest in growth at high rates of return. When we think about Canlan Ice's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 40.39 M. Net Loss for the year was (1.09 M) with profit before overhead, payroll, taxes, and interest of 32.25 M. | |
| About 93.0% of Canlan Ice shares are held by company insiders |
Other Information on Investing in Canlan Pink Sheet
Canlan Ice financial ratios help investors to determine whether Canlan Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canlan with respect to the benefits of owning Canlan Ice security.