FSD Pharma Inc FCF yield
What is the FCF yield of FSD Pharma Inc?
The FCF yield of FSD Pharma Inc is -67.18%
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 Technology sector on NASDAQ compared to FSD Pharma Inc
What does FSD Pharma Inc do?
fsd pharma inc., through its subsidiary, fv pharma inc., produces medical cannabis in canada. the company focuses on the development of indoor grown pharmaceutical grade cannabis; and research and development of various cannabinoid-based treatments for central nervous system disorders and autoimmune diseases of the skin, gi tract, and musculoskeletal system, such as chronic pain. fsd pharma inc. has strategic alliance agreements with scicann therapeutics inc., canntab therapeutics, and solarvest bioenergy inc. the company was founded in 1998 and is headquartered in toronto, canada.
Companies with fcf yield similar to FSD Pharma Inc
- WISeKey International Ltd has FCF yield of -67.55%
- Alterity Therapeutics has FCF yield of -67.53%
- Mydecine Innovations has FCF yield of -67.51%
- Aprea Therapeutics has FCF yield of -67.44%
- Acer Therapeutics Inc has FCF yield of -67.26%
- Reviva Pharmaceuticals has FCF yield of -67.24%
- FSD Pharma Inc has FCF yield of -67.18%
- Zenith has FCF yield of -67.12%
- Armata Pharmaceuticals Inc has FCF yield of -67.09%
- Tarku Resources has FCF yield of -66.85%
- Awale Resources has FCF yield of -66.81%
- S. E. Power has FCF yield of -66.72%
- Kandi Technologies Inc has FCF yield of -66.72%