Ascend Wellness Holdings Inc
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- Market Cap.:
- $239.63 million
- Book Value:
- Revenue TTM:
- $382.32 million
- Operating Margin TTM:
- Gross Profit TTM:
- $135.97 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Ascend Wellness Holdings Inc had its IPO on under the ticker symbol AAWH.
The company operates in the Healthcare sector and Drug Manufacturers-Specialty & Generic industry. Ascend Wellness Holdings Inc has a staff strength of 1,900 employees.
Shares of Ascend Wellness Holdings Inc opened at $1.17 at the start of the last trading session i.e. 2023-03-23.
The stocks traded within a range of $1.15 - $1.18, and closed at $1.15.
This is a -2.54% slip from the previous day's closing price.
A total volume of 22,000 shares were traded at the close of the day’s session.
In the last one week, shares of Ascend Wellness Holdings Inc have slipped by -1.71%.
Ascend Wellness Holdings Inc's Key Ratios
Ascend Wellness Holdings Inc has a market cap of $239.63 million, indicating a price to book ratio of 1.6468 and a price to sales ratio of 0.5868.
In the last 12-months Ascend Wellness Holdings Inc’s revenue was $382.32 million with a gross profit of $135.97 million and an EBITDA of $6.35 million. The EBITDA ratio measures Ascend Wellness Holdings Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Ascend Wellness Holdings Inc’s operating margin was -2.15% while its return on assets stood at -0.66% with a return of equity of -46%.
In Q3, Ascend Wellness Holdings Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 17.9%.
Ascend Wellness Holdings Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-0.44 per share while it has a forward price to earnings multiple of 13.2626 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ascend Wellness Holdings Inc’s profitability.
Ascend Wellness Holdings Inc stock is trading at a EV to sales ratio of 1.9352 and a EV to EBITDA ratio of 30.7184. Its price to sales ratio in the trailing 12-months stood at 0.5868.
Ascend Wellness Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $847.21 million
- Total Liabilities
- $137.50 million
- Operating Cash Flow
- Capital Expenditure
- $30.52 million
- Dividend Payout Ratio
Ascend Wellness Holdings Inc ended 2023 with $847.21 million in total assets and $0 in total liabilities. Its intangible assets were valued at $847.21 million while shareholder equity stood at $174.07 million.
Ascend Wellness Holdings Inc ended 2023 with $0 in deferred long-term liabilities, $137.50 million in other current liabilities, 188000.00 in common stock, $-252098000.00 in retained earnings and $43.57 million in goodwill. Its cash balance stood at $91.39 million and cash and short-term investments were $91.39 million. The company’s total short-term debt was $19,467,000 while long-term debt stood at $290.97 million.
Ascend Wellness Holdings Inc’s total current assets stands at $219.09 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $18.92 million compared to accounts payable of $125.94 million and inventory worth $92.06 million.
In 2023, Ascend Wellness Holdings Inc's operating cash flow was $-46209000.00 while its capital expenditure stood at $30.52 million.
Comparatively, Ascend Wellness Holdings Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Ascend Wellness Holdings Inc stock is currently trading at $1.15 per share. It touched a 52-week high of $4.27 and a 52-week low of $4.27. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $1.28 and 200-day moving average was $1.87 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 1898.4% of the company’s stock are held by insiders while 893.9% are held by institutions.
Frequently Asked Questions About Ascend Wellness Holdings Inc
Similar Industry Stocks (Drug Manufacturers-Specialty & Generic)
Ascend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods. Its cannabis product categories include flowers, pre-rolls, concentrates, vapes, edibles, and other cannabis-related products. As of December 31, 2021, the company operated 20 retail locations. It also sells its products to third-party licensed cannabis retail stores. The company was incorporated in 2018 and is headquartered in New York, New York.