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Orchid Ventures (XCNQ:ORCD) Shares Outstanding (EOP) : 52.44 Mil (As of Mar. 2022)


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What is Orchid Ventures Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Orchid Ventures's shares outstanding for the quarter that ended in Mar. 2022 was 52.44 Mil.

Orchid Ventures's quarterly shares outstanding stayed the same from Dec. 2021 (52.44 Mil) to Mar. 2022 (52.44 Mil).

Orchid Ventures's annual shares outstanding increased from May. 2019 (16.54 Mil) to Jun. 2021 (48.62 Mil). It means Orchid Ventures issued new shares from May. 2019 to Jun. 2021 .


Orchid Ventures Shares Outstanding (EOP) Historical Data

The historical data trend for Orchid Ventures's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Orchid Ventures Shares Outstanding (EOP) Chart

Orchid Ventures Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 May19 Jun21
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.59 1.61 16.54 48.62

Orchid Ventures Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 May19 Aug19 Nov19 Feb20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.42 48.62 52.44 52.44 52.44

Competitive Comparison of Orchid Ventures's Shares Outstanding (EOP)

For the Drug Manufacturers - Specialty & Generic subindustry, Orchid Ventures's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Orchid Ventures's Shares Outstanding (EOP) Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Orchid Ventures's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Orchid Ventures's Shares Outstanding (EOP) falls into.



Orchid Ventures Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Orchid Ventures  (XCNQ:ORCD) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Orchid Ventures Shares Outstanding (EOP) Related Terms

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Orchid Ventures (XCNQ:ORCD) Business Description

Traded in Other Exchanges
N/A
Address
27762 Antonio Parkway Ste L-1-631, Ladera Ranch, CA, USA, 92694
Orchid Ventures Inc is engaged in product development, branding, manufacturing, and distribution of vape products containing cannabis. It is a cannabis brand with THC and CBD product lines. Some of its vape products include Orchid Gold, Orchid Classics, Orchid Vibes, Orchid Roots and The Beast Orchid's Battery. It operates in a single geographical segment, which is North America.

Orchid Ventures (XCNQ:ORCD) Headlines

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