Parallel Industries Inc. Logo

Parallel Industries Inc.

EAPH

(1.2)
Stock Price

0,00 USD

0% ROA

0% ROE

0x PER

Market Cap.

93.273,00 USD

0% DER

0% Yield

0% NPM

Parallel Industries Inc. Stock Analysis

Parallel Industries Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Parallel Industries Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.02x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (48%), which means it has a small amount of debt compared to the ownership it holds

3 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

4 ROE

The stock's ROE indicates a negative return (-2.69%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-8.38%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

7 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (0) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Parallel Industries Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Parallel Industries Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Buy

Parallel Industries Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Parallel Industries Inc. Revenue
Year Revenue Growth
2001 300.000
2002 40.160 -647.01%
2003 105.789 62.04%
2004 173.344 38.97%
2012 0 0%
2013 0 0%
2014 67.428 100%
2015 0 0%
2016 0 0%
2017 0 0%
2018 378.589 100%
2019 1.555.566 75.66%
2020 0 0%
2021 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Parallel Industries Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2001 479.881
2002 572.617 16.2%
2003 196.089 -192.02%
2004 202.604 3.22%
2012 68 -297847.06%
2013 92.914 99.93%
2014 139.235 33.27%
2015 133.669 -4.16%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Parallel Industries Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 1.217.254 100%
2012 114 -1077115.93%
2013 235.890 99.95%
2014 295.790 20.25%
2015 473.475 37.53%
2016 0 0%
2017 0 0%
2018 229.997 100%
2019 518.245 55.62%
2020 188.542 -174.87%
2021 337.400 44.12%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Parallel Industries Inc. EBITDA
Year EBITDA Growth
2001 -3.868.306
2002 -5.697.737 32.11%
2003 -304.820 -1769.21%
2004 -2.780.790 89.04%
2012 -2 -278078900%
2013 -4.777 99.98%
2014 93.191 105.13%
2015 -638.590 114.59%
2016 -115.000 -455.3%
2017 54.940 309.32%
2018 -124.227 144.23%
2019 -323.171 61.56%
2020 -188.542 -71.41%
2021 -337.400 44.12%
2021 0 0%
2022 0 0%
2023 0 0%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Parallel Industries Inc. Gross Profit
Year Gross Profit Growth
2001 300.000
2002 29.910 -903.01%
2003 71.588 58.22%
2004 158.068 54.71%
2012 0 0%
2013 0 0%
2014 23.792 100%
2015 0 0%
2016 0 0%
2017 0 0%
2018 106.906 100%
2019 201.395 46.92%
2020 0 0%
2021 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Parallel Industries Inc. Net Profit
Year Net Profit Growth
2001 -8.398.760
2002 -6.299.217 -33.33%
2003 -2.199.072 -186.45%
2004 -3.980.232 44.75%
2012 -183 -2174890.16%
2013 -346.533 99.95%
2014 -360.848 3.97%
2015 -599.941 39.85%
2016 -872.822 31.26%
2017 64.062 1462.46%
2018 -169.227 137.86%
2019 -323.171 47.64%
2020 -188.542 -71.41%
2021 -337.400 44.12%
2021 0 0%
2022 0 0%
2023 0 0%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Parallel Industries Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 -1.595
2002 -768 -107.82%
2003 -205 -274.15%
2004 -229 10.48%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Parallel Industries Inc. Free Cashflow
Year Free Cashflow Growth
2001 -1.569.883
2002 -2.719.188 42.27%
2003 -703.032 -286.78%
2004 -1.583.261 55.6%
2012 -5 -31665120%
2013 -172.436 100%
2014 -197.667 12.76%
2015 -227.555 13.13%
2016 -863.383 73.64%
2018 -6.856 -12493.1%
2019 491.883 101.39%
2020 -207.339 337.24%
2021 -78.147 -165.32%
2021 0 0%
2022 0 0%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Parallel Industries Inc. Operating Cashflow
Year Operating Cashflow Growth
2001 -1.457.375
2002 -2.692.347 45.87%
2003 -701.537 -283.78%
2004 -1.583.261 55.69%
2012 -5 -31665120%
2013 -172.436 100%
2014 -197.667 12.76%
2015 -227.555 13.13%
2016 -863.383 73.64%
2018 -6.856 -12493.1%
2019 510.680 101.34%
2020 -188.542 370.86%
2021 -59.350 -217.68%
2021 0 0%
2022 0 0%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Parallel Industries Inc. Capital Expenditure
Year Capital Expenditure Growth
2001 112.508
2002 26.841 -319.16%
2003 1.495 -1695.38%
2004 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2018 0 0%
2019 18.797 100%
2020 18.797 0%
2021 18.797 0%
2021 0 0%
2022 0 0%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Parallel Industries Inc. Equity
Year Equity Growth
2001 -888.078
2002 -456.344 -94.61%
2003 -102.608 -344.75%
2004 130.322 178.73%
2012 147 -89161.64%
2013 154.201 99.91%
2014 1.167.553 86.79%
2015 1.278.112 8.65%
2016 405.290 -215.36%
2017 160.011 -153.29%
2018 7.135.812 97.76%
2019 7.097.167 -0.54%
2020 6.908.625 -2.73%
2021 0 0%
2021 6.647.373 100%
2022 0 0%
2023 0 0%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Parallel Industries Inc. Assets
Year Assets Growth
2001 769.318
2002 1.452.217 47.02%
2003 1.281.858 -13.29%
2004 1.295.502 1.05%
2012 0 0%
2013 837.256 100%
2014 1.311.909 36.18%
2015 1.437.468 8.73%
2016 1.058.007 -35.87%
2017 2.625.213 59.7%
2018 10.149.846 74.14%
2019 17.172.206 40.89%
2020 10.192.037 -68.49%
2021 0 0%
2021 9.967.656 100%
2022 0 0%
2023 0 0%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Parallel Industries Inc. Liabilities
Year Liabilities Growth
2001 1.657.396
2002 1.908.561 13.16%
2003 1.384.466 -37.86%
2004 1.165.180 -18.82%
2012 553 -210601.63%
2013 683.055 99.92%
2014 144.356 -373.17%
2015 159.356 9.41%
2016 652.717 75.59%
2017 2.465.202 73.52%
2018 3.014.034 18.21%
2019 10.075.039 70.08%
2020 3.283.412 -206.85%
2021 0 0%
2021 3.320.283 100%
2022 0 0%
2023 0 0%

Parallel Industries Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
0
Price to Earning Ratio
0x
Price To Sales Ratio
0x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
0
EV to Sales
0
EV Over EBITDA
0
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0
FreeCashFlow Yield
0
Market Cap
0,00 Bil.
Enterprise Value
0,00 Bil.
Graham Number
0
Graham NetNet
0

Income Statement Metrics

Net Income per Share
0
Income Quality
0
ROE
0
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0
EBT Per Ebit
0
Ebit per Revenue
0
Effective Tax Rate
0

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0
Operating Profit Margin
0
Pretax Profit Margin
0
Net Profit Margin
0

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0
Return on Tangible Assets
0
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
0,00
Book Value per Share
0,00
Tangible Book Value per Share
0
Shareholders Equity per Share
0
Interest Debt per Share
0
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
0
Current Ratio
0
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
0,00 Bil.
Invested Capital
0
Working Capital
0,00 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Parallel Industries Inc. Dividends
Year Dividends Growth

Parallel Industries Inc. Profile

About Parallel Industries Inc.

Parallel Industries Inc. does not have significant operations. Previously, the company was involved in development and markets various topically delivered drugs to treat cancer and other therapeutic products to treat various conditions. It focuses on development, licenses, production, and markets prescription and over-the-counter products. The company was formerly known as Easton Pharmaceuticals Inc. and changed its name to Parallel Industries Inc. in December 2020. Parallel Industries Inc. was founded in 1997 and is headquartered in Toronto, Canada.

CEO
Mr. Evan Karras
Employee
6
Address
111 Brockhouse Road
Toronto,

Parallel Industries Inc. Executives & BODs

Parallel Industries Inc. Executives & BODs
# Name Age
1 Mr. Neil Mellor
Senior Business Consultant, Special Advisor and Member of Advisory Board
70
2 Ms. Elena Milantoni
Director of Finance and Administration
70
3 Mr. Evan Karras
Chief Executive Officer, President, Secretary, Treasurer, Chief Financial Officer & Director
70
4 Dr. Lilla Albert Ph.D.
Chief Marketing and Technology Officer
70

Parallel Industries Inc. Competitors