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Chalice Brands Ltd CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root.


GREY:CHALF - Post by User

Post by Here4thekekson Jan 18, 2022 12:30pm
63 Views
Post# 34329007

Low liquidity & no profits makes stock a risky investment

Low liquidity & no profits makes stock a risky investmentLow liquidity makes CHALF highly risky
A company's liquidity indicates its ability to pay debt obligations, or current liabilities, without having to raise external capital or take out loans. High liquidity means that a company can easily meet its short-term debts while low liquidity implies the opposite and that a company could imminently face bankruptcy. (solvency).
Creditors and investors like to see higher liquidity ratios, such as 2 or 3. The higher the ratio is, the more likely a company is able to pay its short-term bills. But, when credit flow dries up, it can have disastrous effects on the financial system as a whole. In the worst-case scenario, customers get wind of the problem and there's a run on the bank until there's no cash left to withdraw.
CHALF Liquidity
Current Ratio 0.53
Quick Ratio 0.29
Cash Ratio 0.08

https://www.wsj.com/market-data/quotes/CHALF/financials

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