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Theralase Technologies Inc TLT

Morningstar Rating
CAD 0.16 0.01 (3.03%)
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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

TLT is trading at a 48% discount.
Price
CAD 0.17
Fair Value
CAD 8.88
Uncertainty
Extreme
1-Star Price
CAD 2.48
5-Star Price
CAD 1.79
Economic Moat
Hxc
Capital Allocation
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News

Trading Information

Previous Close Price
CAD 0.17
Day Range
CAD 0.160.17
52-Week Range
CAD 0.160.31
Bid/Ask
CAD 0.16 / CAD 0.17
Market Cap
CAD 37.62 Mil
Volume/Avg
65,575 / 133,598

Key Statistics

Price/Earnings (Normalized)
Price/Sales
32.88
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Theralase Technologies Inc is a clinical-stage pharmaceutical company. It is dedicated to the research and development of light-activated Photo Dynamic Compounds, their associated drug formulations, and technology platforms intended to safely and effectively; treat various cancers, bacteria, and viruses. The Cool Laser Technology division designs, develops, manufactures, and markets proprietary super-pulsed laser technology indicated and cleared by Health Canada and the FDA for the healing of chronic knee pain and when used off-label for healing numerous nerve, muscle, and joint conditions. The ACT division conducts preclinical and clinical research and development for PDCs, in the treatment of cancer, with assistance from the CLT division to develop medical lasers to activate them.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Core
Total Number of Employees
14

Valuation

Metric
TLT
Price/Earnings (Normalized)
Price/Book Value
Price/Sales
32.88
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
TLT
Quick Ratio
0.60
Current Ratio
1.39
Interest Coverage
−150.97
Quick Ratio
TLT

Profitability

Metric
TLT
Return on Assets (Normalized)
−115.95%
Return on Equity (Normalized)
Return on Invested Capital (Normalized)
−155.77%
Return on Assets
TLT
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