Delta 9 Cannabis Inc.

As of March 31, 2024, Delta 9 Cannabis Inc. has 257.37M shares outstanding.

These figures are as of March 31, 2024. The price-to-sales ratio is 0.13, and the price-to-book ratio stands at 7.74.

These figures are as of March 31, 2024. The EV/Sales ratio of 1.03 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Delta 9 Cannabis Inc. trades at an EV/FCF ratio of 9.10, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

As of March 31, 2024, Delta 9 Cannabis Inc. maintains a current ratio of 0.30, meaning it holds 0.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is -648.68, indicating conservative leverage, while an interest coverage ratio of -1.81 demonstrates limited ability to service its debt obligations.

Over the twelve months ended March 31, 2024, Delta 9 Cannabis Inc. posted a negative return on equity (ROE) of -231.74, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -24.86, reflecting losses generated across the asset base. Inventory turnover of 3.57 indicates how many times Delta 9 Cannabis Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended March 31, 2024, Delta 9 Cannabis Inc. posted a gross margin of 17.77, reflecting its pricing power and cost economics. The operating margin of -21.54 and net profit margin of -27.74 provide insight into operational efficiency.

These figures cover the twelve months ended March 31, 2024. Free cash flow yield stands at 47.13, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 49.94, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Delta 9 Cannabis Inc. shareholders.

Delta 9 Cannabis Inc.'s most recent stock split took place on May 18, 2016 with a 30:1 split ratio.

As of March 31, 2024, Delta 9 Cannabis Inc. has an Altman Z-Score of -2.30, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.