NASDAQ: CNGLCanna Global Acquisition Corp Stock
$11.02+0.00 (+0%)
Updated Apr 19, 2024
CNGL Price
$11.02
Fair Value Price
N/A
Market Cap
$85.10M
52 Week Low
$10.62
52 Week High
$11.60
P/E
-275.5x
P/B
-7.59x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$348.23k
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.02
Operating Cash Flow
-$2M
Beta
0.02
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A
CNGL Overview
Canna-Global Acquisition Corp. is a "blank check" company formed to effect mergers, share exchanges, asset acquisitions, stock purchases, recapitalizations, reorganizations, or related business combinations. It targets the medicinal cannabis and cannabinoid sectors. Canna-Global Acquisition was incorporated in 2021 and is based in Marina Del Rey, CA.
Zen Score
–
Industry Average (8)
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Due Diligence Checks
CNGL is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
CNGL is unprofitable, so we are unable to assess its PEG ratio
PEG Value Valuation
CNGL's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
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CNGL News
Valuation
CNGL fair value
Fair Value of CNGL stock based on Discounted Cash Flow (DCF)
Price
$11.02
Fair Value
$11.00
Overvalued by
0.16%
CNGL is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
CNGL price to earnings (PE)
For valuing profitable companies with steady earnings
Company
-275.5x
Industry
35.4x
Market
40.51x
CNGL price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
-7.59x
Industry
-14.17x
CNGL's financial health
Profit margin
Revenue
$0.0
Net Income
$16.7k
Profit Margin
0%
CNGL's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
Assets to liabilities
Assets
$12.5M
Liabilities
$11.4M
Debt to equity
-1.02
CNGL's short-term liabilities ($3.39M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CNGL's long-term liabilities ($8.05M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CNGL's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
CNGL's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
-$94.6k
Investing
$13.5M
Financing
-$13.4M
CNGL's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials
CNGL vs Shell Company Stocks
Canna Global Acquisition Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.