Theralase Technologies Inc TLT

Morningstar Rating
CA$0.19 +0.01 (5.56%)
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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 LOCK|><wzZ$ premium.
Price
CA$0.19
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
CA$0.18
Day Range
CA$0.18–0.19
52-Week Range
CA$0.15–0.41
Bid/Ask
CA$0.19 / CA$0.20
Shares Outstanding
310.48M
Market Cap
CA$58.99M
Volume/Avg
68,502 / 229,066

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
59.74
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Theralase Technologies Inc brings CLT to patients and personalized ACT to patients based on individual tissue characteristics. It is two separate reportable operating divisions; the Drug Division and the Device Division. The Drug Division develops patented, and patent pending drugs, called Photo Dynamic Compounds (PDCs), and activates them with proprietary and patent-pending laser technology to destroy specifically targeted cancers, bacteria and viruses. The Device Division designs develops, manufactures, and markets proprietary super-pulsed laser technology indicated and cleared by Health Canada and the Food and Drug Administration (FDA) for the healing of chronic knee pain. The technology has been used off-label for healing numerous nerve, muscle and joint conditions.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Value
Total Number of Employees
16

Valuation

Metric
TLT
Price/Earnings (Normalized)
—
Price/Book Value
—
Price/Sales
59.74
Price/Cash Flow
—
Price/Earnings
No chart available

Financial Strength

Metric
TLT
Quick Ratio
4.89
Current Ratio
5.48
Interest Coverage
−63.45
Quick Ratio
TLT

Profitability

Metric
TLT
Return on Assets (Normalized)
−78.86%
Return on Equity (Normalized)
—
Return on Invested Capital (Normalized)
−117.57%
Return on Assets
TLT

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1-Day Chart
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Morningstar Rating for Stocks
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