CBDG (THC Farmaceuticals) Preferred Stock: $0.00 Mil (As of Jun. 2018)

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What is THC Farmaceuticals Preferred Stock?

THC Farmaceuticals CBDG Preferred Stock is $0.00 Mil as of Jun. 2018.

Preferred stock is a special equity security that has properties of both equity and debt. THC Farmaceuticals's preferred stock for the quarter that ended in Jun. 2018 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. THC Farmaceuticals's Enterprise Value for the quarter that ended in Jun. 2018 was $53.89 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. THC Farmaceuticals's Book Value per Share for the quarter that ended in Jun. 2018 was $0.05.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). THC Farmaceuticals's Earnings per Share (Diluted) for the three months ended in Jun. 2018 was $-0.00.

THC Farmaceuticals  (OTCPK:CBDG) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

THC Farmaceuticals's Enterprise Value for the quarter that ended in Jun. 2018 is calculated as

Enterprise Value
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation+Short-Term Debt & Capital Lease Obligation+Minority Interest
=52.962+0+0.925+0+0
-Cash, Cash Equivalents, Marketable Securities
-0.002
=53.89

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

THC Farmaceuticals's Book Value per Share for the quarter that ended in Jun. 2018 is calculated as

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (Diluted Average)
=(0.784-0)/15.132
=0.05

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

THC Farmaceuticals's Earnings per Share (Diluted) (EPS) for the three months ended in Jun. 2018 is calculated as

Earnings per Share (Diluted)=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(-0.003-0)/15.132
=-0.00

* 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.

THC Farmaceuticals Preferred Stock Related Terms

THC Farmaceuticals Preferred Stock Historical Data

* Premium members only.

The historical data trend for THC Farmaceuticals's Preferred Stock 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.

THC Farmaceuticals Preferred Stock Chart

THC Farmaceuticals Annual Data
Trend Sep10 Sep11 Sep12 Sep13
Preferred Stock
0.00 0.00 0.00 0.00

THC Farmaceuticals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar17 Jun17 Mar18 Jun18
Preferred Stock 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 0.00 0.00 0.00 0.00 0.00

THC Farmaceuticals Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of $0.00 Mil mean?
THC Farmaceuticals (CBDG) has a Preferred Stock of $0.00 Mil as of Jun. 2018. Preferred Stock represents the par value of a company's preferred shares. View historical data on THC Farmaceuticals and its competitors.
Is THC Farmaceuticals' Preferred Stock too high?
THC Farmaceuticals' current Preferred Stock is $0.00 Mil.
How does THC Farmaceuticals' Preferred Stock compare to BOXS?
THC Farmaceuticals' Preferred Stock of $0.00 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for a Biotechnology company?
A good Preferred Stock depends on the Biotechnology industry context. However, Preferred Stock 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 Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on THC Farmaceuticals and its competitors. THC Farmaceuticals's current Preferred Stock is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THC Farmaceuticals stock overvalued right now?
THC Farmaceuticals (CBDG) has a current Preferred Stock of $0.00 Mil. The current Preferred Stock is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For THC Farmaceuticals (CBDG), the current Preferred Stock is $0.00 Mil as of Jun. 2018. 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.

THC Farmaceuticals Business Description

Address 2789 Rio Vista Drive, Suite 3, Saint George, UT, USA, 84790
THC Farmaceuticals Inc is a clinical-stage biotechnology company specializing in the discovery, development, and commercialization of novel cannabinoid-based products in dental, ophthalmology, and other medical disciplines. It offers the combination of proprietary developments with the expertise of clinicians and scientists to unlock the therapeutic properties of cannabis and its bioactive compounds.