Craftport Cannabis (XCNQ:CFT) Shares Outstanding (EOP): 58.99 Mil (As of Sep. 2022)

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XCNQ:CFT Craftport Cannabis Corp XCNQ:CFT
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What is Craftport Cannabis Shares Outstanding (EOP)?

Craftport Cannabis XCNQ:CFT 10 Shares Outstanding (EOP) is 58.99 Mil as of Sep. 2022. GuruFocus rates XCNQ:CFT with a GF Score™ of 10/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Craftport Cannabis's shares outstanding for the quarter that ended in Sep. 2022 was 58.99 Mil.

Craftport Cannabis's quarterly shares outstanding increased from Jun. 2022 (40.24 Mil) to Sep. 2022 (58.99 Mil). It means Craftport Cannabis issued new shares from Jun. 2022 to Sep. 2022 .

Craftport Cannabis's annual shares outstanding declined from Dec. 2020 (20.36 Mil) to Dec. 2021 (20.36 Mil). It means Craftport Cannabis bought back shares from Dec. 2020 to Dec. 2021 .


Craftport Cannabis  (XCNQ:CFT) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Craftport Cannabis Shares Outstanding (EOP) Related Terms


Craftport Cannabis Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Craftport Cannabis's Shares Outstanding (EOP) 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.

Craftport Cannabis Shares Outstanding (EOP) Chart

Craftport Cannabis Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.72 14.20 17.15 20.36 20.36

Craftport Cannabis Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Shares Outstanding (EOP) 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 20.36 20.36 20.36 40.24 58.99

XCNQ:CFT vs ZTS, CTLT, VTRS: Shares Outstanding (EOP) Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Craftport Cannabis's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) 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.


Craftport Cannabis Shares Outstanding (EOP) vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Craftport Cannabis's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Craftport Cannabis's Shares Outstanding (EOP) falls into.


XCNQ:CFT
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Craftport Cannabis Corp XCNQ:CFT
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Craftport Cannabis Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 58.99 Mil mean?
Craftport Cannabis (XCNQ:CFT) has a Shares Outstanding (EOP) of 58.99 Mil as of Sep. 2022. The total shares a company has outstanding, at period-end. View historical data on Craftport Cannabis and its competitors.
Is Craftport Cannabis' Shares Outstanding (EOP) too high?
Craftport Cannabis' current Shares Outstanding (EOP) is 58.99 Mil. Overall, Craftport Cannabis has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Craftport Cannabis' Shares Outstanding (EOP) compare to ZTS and CTLT?
Craftport Cannabis' Shares Outstanding (EOP) of 58.99 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 Shares Outstanding (EOP) for a Drug Manufacturers company?
A good Shares Outstanding (EOP) depends on the Drug Manufacturers industry context. However, Shares Outstanding (EOP) 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 Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Craftport Cannabis and its competitors. Craftport Cannabis's current Shares Outstanding (EOP) is 58.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Craftport Cannabis stock overvalued right now?
Craftport Cannabis (XCNQ:CFT) has a current Shares Outstanding (EOP) of 58.99 Mil. The current Shares Outstanding (EOP) is 58.99 Mil. Craftport Cannabis' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Craftport Cannabis (XCNQ:CFT), the current Shares Outstanding (EOP) is 58.99 Mil as of Sep. 2022. 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.

Craftport Cannabis Business Description

Address 4715 Paradise Valley Drive, Peachland, BC, CAN, V0H 1X3
Craftport Cannabis Corp is a cannabis licensed producer based in British Columbia. The Company intends to focus on the Canadian premium craft cannabis recreational market by initially utilizing an asset light model. It intends to leverage legacy roots and know how in order to introduce unique genetics and strains to the Canadian market.
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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