Cann American Corp Financials

No, Cann American Corp (CNNA) reported a net income of -$1.7M in fiscal year 2012.

Cann American Corp (CNNA) reported diluted earnings per share of $1000000.00 for fiscal year 2012. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Cann American Corp (CNNA) has a return on equity of -182.5% for fiscal year 2012, measuring how efficiently the company generates profit from shareholder equity.

Cann American Corp (CNNA) generated -$65K in operating cash flow during fiscal year 2012, representing cash generated from core business activities.

Cann American Corp (CNNA) had $1.2M in total assets as of fiscal year 2012, including both current and long-term assets.

Cann American Corp (CNNA) had 151M shares outstanding as of fiscal year 2012.

Cann American Corp (CNNA) had a current ratio of 0.00 as of fiscal year 2012, which is below 1.0, which may suggest potential liquidity concerns.

Cann American Corp (CNNA) had a debt-to-equity ratio of 0.32 as of fiscal year 2012, measuring the company's financial leverage by comparing total debt to shareholder equity.

Cann American Corp (CNNA) had a return on assets of -138.5% for fiscal year 2012, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2012 data, Cann American Corp (CNNA) had $191 in cash against an annual operating cash burn of $65K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Cann American Corp (CNNA) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Cann American Corp (CNNA) has an earnings quality ratio of 0.04x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Cann American Corp (CNNA) has an interest coverage ratio of -308.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.