CNNC (Cannonau) Total Stockholders Equity: $-0.03 Mil (As of Mar. 2024)

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What is Cannonau Total Stockholders Equity?

Cannonau CNNC Total Stockholders Equity is $-0.03 Mil as of Mar. 2024.

Cannonau's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-0.03 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Cannonau's Book Value per Share for the quarter that ended in Mar. 2024 was $-0.00. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Cannonau's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.00.

Cannonau  (OTCPK:CNNC) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Cannonau's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-0.027-0)/241.816
=-0.00

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Cannonau's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / -0.027
=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.

Cannonau Total Stockholders Equity Related Terms

Cannonau Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for Cannonau's Total Stockholders Equity 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.

Cannonau Total Stockholders Equity Chart

Cannonau Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Stockholders Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.15 -0.25 -0.34 -0.03

Cannonau Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Stockholders Equity 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 -0.35 -0.36 -0.36 -0.03 -0.03
What does a Total Stockholders Equity of $-0.03 Mil mean?
Cannonau (CNNC) has a Total Stockholders Equity of $-0.03 Mil as of Mar. 2024. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Cannonau and its competitors.
Is Cannonau's Total Stockholders Equity too high?
Cannonau's current Total Stockholders Equity is $-0.03 Mil.
How does Cannonau's Total Stockholders Equity compare to KOAN and THCT?
Cannonau's Total Stockholders Equity of $-0.03 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 Total Stockholders Equity for a Drug Manufacturers company?
A good Total Stockholders Equity depends on the Drug Manufacturers industry context. However, Total Stockholders Equity 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 Total Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Cannonau and its competitors. Cannonau's current Total Stockholders Equity is $-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannonau stock overvalued right now?
Cannonau (CNNC) has a current Total Stockholders Equity of $-0.03 Mil. The current Total Stockholders Equity is $-0.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For Cannonau (CNNC), the current Total Stockholders Equity is $-0.03 Mil as of Mar. 2024. 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.

Cannonau Business Description

Address 937 Old Seneca Turnpike Road, Skaneateles, NY, USA, 13252-9318
Cannonau Corp is using cutting-edge nanotechnology plans to offer Cannabidiol (CBD) for improved bioavailability and maximum benefit. It believes that its formulas can be easily incorporated into a wide, offering customers an advantage when it counts.