GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cannabix Technologies Inc (XCNQ:BLO) » Definitions » FCF Yield %

Cannabix Technologies (XCNQ:BLO) FCF Yield % : -1.95 (As of May. 30, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Cannabix Technologies FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Cannabix Technologies's Trailing 12-Month Free Cash Flow is C$-1.76 Mil, and Market Cap is C$90.17 Mil. Therefore, Cannabix Technologies's FCF Yield % for today is -1.95%.

The historical rank and industry rank for Cannabix Technologies's FCF Yield % or its related term are showing as below:

XCNQ:BLO' s FCF Yield % Range Over the Past 10 Years
Min: -9.07   Med: 0   Max: 0
Current: -1.95


XCNQ:BLO's FCF Yield % is ranked better than
53.63% of 867 companies
in the Medical Devices & Instruments industry
Industry Median: -2.82 vs XCNQ:BLO: -1.95

Cannabix Technologies's FCF Margin % for the quarter that ended in Jan. 2024 was 0.00%.


Cannabix Technologies FCF Yield % Historical Data

The historical data trend for Cannabix Technologies's FCF Yield % 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.

Cannabix Technologies FCF Yield % Chart

Cannabix Technologies Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.53 -4.62 -1.19 -3.46 -5.55

Cannabix Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
FCF Yield % 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 -3.29 -4.62 -6.12 -6.29 -7.81

Competitive Comparison of Cannabix Technologies's FCF Yield %

For the Medical Devices subindustry, Cannabix Technologies's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.


Cannabix Technologies's FCF Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cannabix Technologies's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Cannabix Technologies's FCF Yield % falls into.



Cannabix Technologies FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Cannabix Technologies's FCF Yield % for the fiscal year that ended in Apr. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-1.995 / 35.95536
=-5.55%

Cannabix Technologies's annualized FCF Yield % for the quarter that ended in Jan. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.479 * 4 / 24.54096
=-7.81%

* 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.


Cannabix Technologies FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Cannabix Technologies FCF Yield % Related Terms

Thank you for viewing the detailed overview of Cannabix Technologies's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cannabix Technologies (XCNQ:BLO) Business Description

Traded in Other Exchanges
Address
501-3292 Production Way, Burnaby, BC, CAN, V5A 4R4
Cannabix Technologies Inc is in the development of marijuana breathalyzer. It is developing breath testing technologies that can be used at the point of care to detect recent use of marijuana. It is also developing its technology to help employers, law enforcement, government and the public, when marijuana is becoming legal for recreational and medicinal use in many jurisdictions globally. The FAIMS device is designed to operate both independently or coupled in tandem directly to a mass spectrometer, used in forensic labs. The THC Breath Analyzer is a point of care breath testing tool for the rapid detection of recent cannabis use.
Executives
Thomas William Clarke Director

Cannabix Technologies (XCNQ:BLO) Headlines

No Headlines