Incannex Healthcare Inc IXHL

Morningstar Rating
$3.39 +0.02 (0.59%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

IXHL is trading at a LOCK|mP>ts premium.
Price
$3.39
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation

Trading Information

Previous Close Price
$3.37
Day Range
$3.293.48
52-Week Range
$2.4949.80
Bid/Ask
$3.33 / $3.42
Shares Outstanding
11.96M
Market Cap
$40.56M
Volume/Avg
143,466 / 347,479

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Incannex Healthcare Inc is a clinical stage pharmaceutical company developing medical cannabis products for the treatment of Obstructive Sleep Apnea (OSA), Traumatic Brain Injury (TBI)/Concussion, Rheumatoid Arthritis, Inflammatory Bowel Disease, and Inflammatory Lung Conditions. The company has an Australian license to import, export, and distribute medicinal cannabis products and has launched a line of cannabinoid products. The Company operates and manages its business as one reportable and operating segment, which is the Research and Development of the use of psychedelic medicine and therapies.
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Stock Style Box
Small Value
Total Number of Employees
12

Valuation

Metric
IXHL
Price/Earnings (Normalized)
Price/Book Value
0.67
Price/Sales
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
IXHL
Quick Ratio
41.47
Current Ratio
41.56
Interest Coverage
Quick Ratio
IXHL

Profitability

Metric
IXHL
Return on Assets (Normalized)
−31.46%
Return on Equity (Normalized)
−34.55%
Return on Invested Capital (Normalized)
−34.25%
Return on Assets
IXHL

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