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Cannis, Inc.: 10-Q filed 2020-08-25

What Cannis, Inc. reported in its quarterly report filed 2020-08-25 (fiscal Q3 2020): 35 published measures, 94 facts as tagged in accession 0001477932-20-005175.

This filing

Form
10-Q (quarterly report)
Filed
2020-08-25
Fiscal period
fiscal Q3 2020
Accession
0001477932-20-005175 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Cannis, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2020-05-31286,822USD
At 2019-08-311,315,062USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2020-05-315,719,325USD
At 2019-08-315,885,533USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2020-05-31-5,432,503USD
At 2019-08-31-4,570,471USD
At 2019-05-31-3,945,422USD
At 2018-08-31-1,287,960USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2020-05-313,791USD
At 2019-08-31118,128USD
At 2019-05-31397,538USD
At 2018-08-3117,439USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2020-03-01 to 2020-05-31-87,933USD92
2019-09-01 to 2020-05-31-1,014,399USD274
2019-03-01 to 2019-05-31-1,219,341USD92
2018-09-01 to 2019-05-31-2,901,886USD273

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2019-09-01 to 2020-05-31-519,444USD274
2018-09-01 to 2019-05-31-1,490,475USD273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2019-09-01 to 2020-05-310USD274
2018-09-01 to 2019-05-31204,270USD273

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2020-03-01 to 2020-05-310USD92
2019-09-01 to 2020-05-31369,600USD274
2019-03-01 to 2019-05-311,534,572USD92
2018-09-01 to 2019-05-312,681,255USD273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2019-09-01 to 2020-05-31421,066USD274
2018-09-01 to 2019-05-312,052,822USD273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2019-09-01 to 2020-05-31-16,120USD274
2018-09-01 to 2019-05-31-204,270USD273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2020-05-31-5,968,577USD
At 2019-08-31-4,954,178USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2020-03-01 to 2020-05-3187,933USD92
2019-09-01 to 2020-05-311,014,399USD274
2019-03-01 to 2019-05-311,219,341USD92
2018-09-01 to 2019-05-312,901,886USD273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2020-05-31173,864USD
At 2019-08-31731,539USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2020-03-01 to 2020-05-31-87,933USD92
2019-09-01 to 2020-05-31-1,014,411USD274
2019-03-01 to 2019-05-31-1,220,321USD92
2018-09-01 to 2019-05-31-2,939,420USD273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2020-05-3197,999USD
At 2019-08-31258,178USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2020-05-315,719,325USD
At 2019-08-315,613,120USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2020-03-01 to 2020-05-3187,933USD92
2019-09-01 to 2020-05-311,120,189USD274
2019-03-01 to 2019-05-311,649,954USD92
2018-09-01 to 2019-05-313,766,437USD273

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2020-05-3121,250USD
At 2019-08-3118,476USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2020-03-01 to 2020-05-310USD92
2019-09-01 to 2020-05-31105,778USD274
2019-03-01 to 2019-05-31429,633USD92
2018-09-01 to 2019-05-31827,017USD273

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2020-03-01 to 2020-05-310USD92
2019-09-01 to 2020-05-31263,822USD274
2019-03-01 to 2019-05-311,104,939USD92
2018-09-01 to 2019-05-311,854,238USD273

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2020-03-01 to 2020-05-3187,933USD92
2019-09-01 to 2020-05-311,120,189USD274
2019-03-01 to 2019-05-311,649,954USD92
2018-09-01 to 2019-05-313,766,437USD273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2020-05-311,488,832,800shares
At 2019-08-311,488,832,800shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2020-05-31-1,289,533USD
At 2019-08-31-1,289,533USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2020-05-31328,274USD
At 2019-08-31175,907USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2020-05-310USD
At 2019-08-31283,084USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2020-05-31214,343USD
At 2019-08-31764,560USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2020-05-3140,479USD
At 2019-08-3133,021USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2020-05-3114,959USD
At 2019-08-310USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2020-05-3144,296USD
At 2019-08-3197,044USD

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2019-09-01 to 2020-05-318,608USD274
2018-09-01 to 2019-05-3119,720USD273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2020-03-01 to 2020-05-310USD92
2019-09-01 to 2020-05-3112USD274
2019-03-01 to 2019-05-31980USD92
2018-09-01 to 2019-05-3137,534USD273

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2019-09-01 to 2020-05-310USD274
2018-09-01 to 2019-05-310USD273

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2020-03-01 to 2020-05-310USD92
2019-09-01 to 2020-05-310USD274
2019-03-01 to 2019-05-310USD92
2018-09-01 to 2019-05-310USD273

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2019-09-01 to 2020-05-31-3,372USD274
2018-09-01 to 2019-05-3112,551USD273

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2019-09-01 to 2020-05-31-38,488USD274
2018-09-01 to 2019-05-311,422,260USD273

Inspect the source

Entity
Cannis, Inc. / CIK 0001684508
Captured
SEC response SHA-256
f451fbaf91cd3bc0d4427f0e39e07e16e160c2632dec30294c04d375023e17ff

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001684508.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))