aphria balance sheet
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aphria balance sheet

The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws. UK house prices at record high after biggest leap since 2016 The average property sold for £ The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. All quotes delayed a minimum of 15 minutes. Delayed quotes by Sungard. Aphria Inc. (NYSE: APHA) stock has been beaten down for over a year now, but with markets looking more deeply into companies for valuation, it may offer an interesting play into the cannabis industry. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving cannabis; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the cannabis industry in Canada generally, income tax and regulatory matters, including delays in the issuance of licenses, the sale and distribution of vapes; the ability of Aphria to meet its liquidity requirements to fund ongoing operations; the ability of Aphria to implement its business strategies; competition; crop failure; safety of derivative cannabis products; currency and interest rate fluctuations.

* APHRIA INC - PURPOSE OF TRANSACTION WAS TO REDUCE COMPANY’S DEBT AND ELIMINATE $6.7 MILLION IN ANNUAL CASH INTEREST COSTS Source text for Eikon: Further company coverage: Our Standards: The Thomson Reuters Trust Principles. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. The monthly returns are then compounded to arrive at the annual return. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. The company only boasts a market cap of just over $900 million, which is partially comprised of $515 million in cash and cash equivalents. LEAMINGTON, ON, May 8, 2020 /PRNewswire/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NYSE: APHA), a leading global cannabis company, today announced that it entered into privately negotiated agreements with a limited number of holders outside of Canada of its convertible senior notes ("Notes") to repurchase an aggregate of approximately $127.5 million ($90.8 million USD) principal amount of Notes for approximately 18.7 million of common shares and approximately $2.9 million ($2.1 million USD) in cash for accrued and unpaid interest. Source FactSet Fundamentals. Aphria Inc. to Present at the 40th Annual Canaccord Genuity... Aphria Inc. See here for a complete list of exchanges and delays. Since then it has rebounded about 70% off these lows and crossed above the 50-day moving average. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful. There are a couple of things to unpack here, however. This transaction strengthens the Company's balance sheet by increasing its net cash position from $36.3  million CAD at its February 29, 2020 quarter-end to $163.8 million, on a pro-forma basis as at that date.

Here’s how they’re investing, Double-dip? It's packed with all of the company's key stats and salient decision making information. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release. To learn more, click here. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Copyright 2020 FactSet Research Systems Inc. All rights reserved. Of all the cannabis companies, including the likes of Canopy Growth Corp. (NYSE: CGC), Cronos Group Inc. (NASDAQ: CRON) and Aurora Cannabis Inc. (NYSE: ACB), Aphria actually has the best cash-to-market capitalization ratio. With ties in the balance, EU and China hold tense summit Aphria Stock Reaps Benefits of a Strong Balance Sheet Aphria Inc. (NYSE: APHA) stock has been beaten down for over a … The purpose of the transaction was to reduce the Company's debt and eliminate $6.7 million ($4.8 million USD) in annual cash interest costs. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. Cision Distribution 888-776-0942 It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Zacks Style Scores Education - Learn more about the Zacks Style Scores. This transaction strengthens the Company's balance sheet by increasing its net cash position from $36.3 million CAD at its February 29, 2020 quarter-end to $163.8 million, on a pro-forma basis as at that date. Forward looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. The stock bottomed around $2 at the peak of coronavirus fear.

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