Hancock Jaffe Laboratories Inc FCF yield
What is the FCF yield of Hancock Jaffe Laboratories Inc?
The FCF yield of Hancock Jaffe Laboratories Inc is -13.49%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Health Care sector on NASDAQ compared to Hancock Jaffe Laboratories Inc
What does Hancock Jaffe Laboratories Inc do?
Hancock Jaffe Laboratories specializes in developing and manufacturing bioprosthetic (tissue-based) medical devices to establish improved standards of care for treating cardiac and vascular diseases. HJLI currently has two lead product candidates: the VenoValveÒ, a porcine-based valve which is intended to be surgically implanted in the deep venous system of the leg to treat reflux associated with Chronic Venous Insufficiency, and the CoreoGraftÒ, a bovine tissue-based off-the-shelf conduit intended to be used for coronary artery bypass surgery.
Companies with fcf yield similar to Hancock Jaffe Laboratories Inc
- Schrodinger has FCF yield of -13.52%
- Dampier Gold has FCF yield of -13.51%
- Challenger Exploration has FCF yield of -13.50%
- Sonic Automotive has FCF yield of -13.50%
- SenSen Networks has FCF yield of -13.50%
- Haichang Ocean Park has FCF yield of -13.49%
- Hancock Jaffe Laboratories Inc has FCF yield of -13.49%
- Altimmune Inc has FCF yield of -13.49%
- Euronav NV has FCF yield of -13.48%
- Stanley Furniture has FCF yield of -13.46%
- Pennon Plc has FCF yield of -13.46%
- Karnalyte Resources has FCF yield of -13.46%
- CSC Co has FCF yield of -13.46%