Canopy Gross Profit from 2010 to 2025
CGC Stock | USD 1.11 0.02 1.77% |
Gross Profit | First Reported 2010-06-30 | Previous Quarter 21.8 M | Current Value 24.1 M | Quarterly Volatility 44.5 M |
Check Canopy Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canopy Growth's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Total Revenue of 1.1 M or Gross Profit of 393.6 K, as well as many indicators such as Price To Sales Ratio of 331, Dividend Yield of 0.0 or PTB Ratio of 29.89. Canopy financial statements analysis is a perfect complement when working with Canopy Growth Valuation or Volatility modules.
Canopy | Gross Profit |
Latest Canopy Growth's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Canopy Growth Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of Canopy Growth Corp minus its cost of goods sold. It is profit before Canopy Growth operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Canopy Growth's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canopy Growth's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 84.14 M | 10 Years Trend |
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Gross Profit |
Timeline |
Canopy Gross Profit Regression Statistics
Arithmetic Mean | 1,735,970 | |
Coefficient Of Variation | 4,072 | |
Mean Deviation | 43,074,023 | |
Median | 414,349 | |
Standard Deviation | 70,695,183 | |
Sample Variance | 4997.8T | |
Range | 282M | |
R-Value | (0.13) | |
Mean Square Error | 5268.1T | |
R-Squared | 0.02 | |
Significance | 0.64 | |
Slope | (1,889,489) | |
Total Sum of Squares | 74967.1T |
Canopy Gross Profit History
Other Fundumenentals of Canopy Growth Corp
Canopy Growth Gross Profit component correlations
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About Canopy Growth Financial Statements
Canopy Growth stakeholders use historical fundamental indicators, such as Canopy Growth's Gross Profit, to determine how well the company is positioned to perform in the future. Although Canopy Growth investors may analyze each financial statement separately, they are all interrelated. For example, changes in Canopy Growth's assets and liabilities are reflected in the revenues and expenses on Canopy Growth's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Canopy Growth Corp. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Gross Profit | 414.3 K | 393.6 K | |
Gross Profit Margin | 0.36 | 0.42 |
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Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canopy Growth. If investors know Canopy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canopy Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.53) | Revenue Per Share | Quarterly Revenue Growth (0.05) | Return On Assets | Return On Equity |
The market value of Canopy Growth Corp is measured differently than its book value, which is the value of Canopy that is recorded on the company's balance sheet. Investors also form their own opinion of Canopy Growth's value that differs from its market value or its book value, called intrinsic value, which is Canopy Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canopy Growth's market value can be influenced by many factors that don't directly affect Canopy Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canopy Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canopy Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canopy Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.