OTCPK:LRSN.F

Stock Analysis Report

Executive Summary

Global Health Clinics Ltd. operates in the cannabis industry.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Risks

  • Global Health Clinics has significant price volatility in the past 3 months.
  • Global Health Clinics is not covered by any analysts.

Share Price & News

How has Global Health Clinics's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

76.4%

LRSN.F

-0.04%

US Healthcare

-0.6%

US Market


1 Year Return

n/a

LRSN.F

-9.1%

US Healthcare

0.6%

US Market

No trading data on LRSN.F.

No trading data on LRSN.F.


Share holder returns

LRSN.FIndustryMarket
7 Day76.4%-0.04%-0.6%
30 Day68.8%-0.5%2.2%
90 Dayn/a-1.6%1.1%
1 Yearn/a-7.7%-9.1%2.9%0.6%
3 Yearn/a29.6%24.3%44.6%35.2%
5 Yearn/a66.1%56.2%61.9%44.2%

Price Volatility Vs. Market

How volatile is Global Health Clinics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Global Health Clinics undervalued based on future cash flows and its price relative to the stock market?

0.12x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Global Health Clinics to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Global Health Clinics to establish if it is available at substantial discount.


Price Based on Earnings

Global Health Clinics is loss making, we can't compare its value to the US Healthcare industry average.

Global Health Clinics is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Global Health Clinics, we can't assess if its growth is good value.


Price Based on Value of Assets

Global Health Clinics is good value based on assets compared to the US Healthcare industry average.


Next Steps

Future Growth

How is Global Health Clinics expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.0%

Forecasted Healthcare industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Global Health Clinics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Global Health Clinics performed over the past 5 years?

-65.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Global Health Clinics does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Global Health Clinics's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Global Health Clinics's 1-year growth to the US Healthcare industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Global Health Clinics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Global Health Clinics has efficiently used its assets last year compared to the US Healthcare industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Global Health Clinics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Global Health Clinics's financial position?


Financial Position Analysis

Global Health Clinics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Global Health Clinics's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Global Health Clinics's level of debt (0.5%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (2.7% vs 0.5% today).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 19.5x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Global Health Clinics has less than a year of cash runway based on current free cash flow.

Global Health Clinics has less than a year of cash runway if free cash flow continues to grow at historical rates of 66.9% each year.


Next Steps

Dividend

What is Global Health Clinics's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Global Health Clinics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Global Health Clinics's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Global Health Clinics has not reported any payouts.

Unable to verify if Global Health Clinics's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Global Health Clinics has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Global Health Clinics's salary, the management and board of directors tenure and is there insider trading?

0.7yrs

Average management tenure


CEO

Jatinder Dhaliwal 0

0.5yrs

Tenure

0

Mr. Jatinder Dhaliwal serves as the CEO of Global Health Clinics Ltd. Mr. Dhaliwal is Director of Intact Gold Corporation since August 2019. He served as an Interim CEO of Global Health Clinics Ltd. since  ...


Management Age and Tenure

0.7yrs

Average Tenure

The average tenure for the Global Health Clinics management team is less than 2 years, this suggests a new team.


Board Age and Tenure

0.8yrs

Average Tenure

The average tenure for the Global Health Clinics board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Anthony Jackson

    Chairman & Chief Financial Officer

    • Tenure: 1.1yrs
    • Compensation: CA$72.83k
  • Adrian Makuch

    Corporate Secretary

    • Tenure: 1.1yrs
  • Jatinder Dhaliwal

    CEO & Director

    • Tenure: 0.5yrs
  • Cassidy McCord

    Director of Operations

    • Tenure: 0.08yrs

Board Members

  • Anthony Jackson

    Chairman & Chief Financial Officer

    • Tenure: 1.1yrs
    • Compensation: CA$72.83k
  • Suzette Ramcharan

    Director

    • Tenure: 1.1yrs
  • Jatinder Dhaliwal

    CEO & Director

    • Tenure: 0.5yrs
  • Judy Su

    Director

    • Tenure: 0.3yrs

Company Information

Global Health Clinics Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Global Health Clinics Ltd.
  • Ticker: LRSN.F
  • Exchange: OTCPK
  • Founded: 2013
  • Industry: Health Care Services
  • Sector: Healthcare
  • Market Cap: CA$1.730m
  • Listing Market Cap: CA$1.305m
  • Shares outstanding: 49.44m
  • Website: https://www.globalhealthclinics.co

Location

  • Global Health Clinics Ltd.
  • 837 West Hastings Street
  • Suite 400
  • Vancouver
  • British Columbia
  • V6C 3N6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MJRXCNSX (Canadian National Stock Exchange)YesCommon SharesCACADJul 2014
L002DB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2014
LRSN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2014

Biography

Global Health Clinics Ltd. operates in the cannabis industry. The company operates medical clinics, which guide patients through the process of becoming legal users of medical marijuana. It is also involve ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 00:51
End of Day Share Price2019/09/20 00:00
Earnings2019/04/30
Annual Earnings2018/07/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.