AmeriCann, Inc. (ACAN) Financial Analysis and Rating

Comparison Analysis Based on SEC Data

Company Name AmeriCann, Inc.
Industry (SIC) 8742 - Management Consulting Services
Revenue in 2024 (TTM) $799 thousand (ranked #52 out of 57 companies in the industry)
Assets as of 12/31/2024 $10,141 thousand (ranked #48)
Analyzed report 12/31/2023 (TTM) (filed 2/14/2024)

Year:
20232024

Financial Position and Performance
Annual | Quarterly

Compared with 2023 industry ratios Change during the year

worse
deteriorated
Compared with all listed companies

worse

Compare with a competitor

Financial Ratios Benchmarking

Financial Ratio Comparison of company ratios for 2023 (TTM)
with industry ratios
(87 - Engineering, Accounting, Research, Management, And Related Services) 		with all listed companies
Solvency Ratios
Debt ratio 
0.63
0.60
0.63
0.61
Debt-to-equity ratio 
1.70
1.23
1.70
1.32
Liquidity Ratios
Current Ratio 
0.25
1.21
0.25
1.72
Quick Ratio 
0.17
0.82
0.17
1.04
Cash Ratio 
0.15
0.31
0.15
0.53
Profitability Ratios
Profit margin 
-12.6%
-1.3%
-12.6%
2%
ROE (Return on equity), after tax 
-5.1%
1.3%
-5.1%
4%
ROA (Return on assets) 
-1.9%
-1.4%
-1.9%
0.6%
Activity Ratios
Asset turnover (days) 
2400
419
2400
786
Receivables turnover (days) 
8
64
8
49
Resulting score -1,0 -1,0

Year:
20232024

Additional Ratios (not used in score calculation)

Financial Ratio Comparison of company ratios for 2023 (TTM)
with industry ratios
(87 - Engineering, Accounting, Research, Management, And Related Services) 		with all listed companies
Profitability Ratios
Gross margin 
99.9%
35.4%
99.9%
41%
Price Ratios
Earnings per Share (basic)  $-0.01

Auditor's Conclusion

We have performed a comparative analysis of the balance sheet and income statement of AmeriCann, Inc. (hereafter – the "Company") for the year 2023 as filed with the U.S. Securities and Exchange Commission (SEC). The primary business activity of the Company is "Management Consulting Services" (SIC code 8742). In our analysis, we compared the key financial ratios of the Company with the average (median) values of those ratios calculated for the Company's specific industry sector and for all companies. The averages were calculated using data from 2023 financial statements filed with the SEC through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). By comparing each of the eleven key metrics to the median, we have reached an overall conclusion about the quality of the Company's financial condition. All calculations and conclusions were performed using software and methodologies developed by ReadyRatios.

Based on our analysis of the Company's key financial ratios, we have determined the following. The financial condition of AmeriCann, Inc. in 2023 is worse than the typical financial condition of companies in the "Management Consulting Services" industry.

This conclusion is supported by a comparison of the Company's financial ratios with average U.S. ratios. The financial position of AmeriCann, Inc. is worse than that of most listed companies that file financial statements with the U.S. Securities and Exchange Commission.

Financial Position and Performance History


More on AmeriCann, Inc.

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Company USD ($), in Millions
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