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Verde Agritech Ltd T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.


TSX:NPK - Post by User

Comment by kidsactuatoron Mar 31, 2022 2:38pm
303 Views
Post# 34564080

RE:Try to post that news report. Hope I works

RE:Try to post that news report. Hope I works

Summary:

They have a lot of receivables yet to get turned into cash, so their net income is much higher than free cash flow. This gives them a high accrual ratio which an academic said is bad. 

It's pretty typical for farmers to pay after harvest. I'm sure the delinquency rate is pretty low so I don't think this really matters. Another example of how blindly applying academic theories to stock picking is nonsense. It's an art not a science lol

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