TRCNF (Transnational Cannabis) Beginning Cash Position: $1.31 Mil (As of Nov. 2019)

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What is Transnational Cannabis Beginning Cash Position?

Transnational Cannabis TRCNF -97.50% Beginning Cash Position is $1.31 Mil as of Nov. 2019.

Transnational Cannabis's Beginning Cash Position for the quarter that ended in Nov. 2019 was $1.31 Mil.

Transnational Cannabis's quarterly Beginning Cash Position increased from May. 2019 ($0.79 Mil) to Aug. 2019 ($4.07 Mil) but then declined from Aug. 2019 ($4.07 Mil) to Nov. 2019 ($1.31 Mil).

Transnational Cannabis's annual Beginning Cash Position increased from Feb. 2017 ($0.01 Mil) to Feb. 2018 ($0.01 Mil) and increased from Feb. 2018 ($0.01 Mil) to Feb. 2019 ($0.06 Mil).

Transnational Cannabis Beginning Cash Position Related Terms

Transnational Cannabis Beginning Cash Position Historical Data

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The historical data trend for Transnational Cannabis's Beginning Cash Position 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.

Transnational Cannabis Beginning Cash Position Chart

Transnational Cannabis Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.01 0.01 0.06

Transnational Cannabis Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
Beginning Cash Position 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 0.31 2.22 0.79 4.07 1.31

Transnational Cannabis Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $1.31 Mil mean?
Transnational Cannabis (TRCNF) has a Beginning Cash Position of $1.31 Mil as of Nov. 2019. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Transnational Cannabis and its competitors.
Is Transnational Cannabis' Beginning Cash Position too high?
Transnational Cannabis' current Beginning Cash Position is $1.31 Mil.
How does Transnational Cannabis' Beginning Cash Position compare to CLSH and KAYS?
Transnational Cannabis' Beginning Cash Position of $1.31 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Drug Manufacturers company?
A good Beginning Cash Position depends on the Drug Manufacturers industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Transnational Cannabis and its competitors. Transnational Cannabis's current Beginning Cash Position is $1.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational Cannabis stock overvalued right now?
Transnational Cannabis (TRCNF) has a current Beginning Cash Position of $1.31 Mil. The current Beginning Cash Position is $1.31 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Transnational Cannabis (TRCNF), the current Beginning Cash Position is $1.31 Mil as of Nov. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Transnational Cannabis Business Description

Address 37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Transnational Cannabis Ltd, formerly ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the Kingdom of Lesotho, Africa, and Denmark.