Cronos Financial Statements From 2010 to 2025

CRON Stock  USD 1.85  0.05  2.63%   
Cronos financial statements provide useful quarterly and yearly information to potential Cronos Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cronos financial statements helps investors assess Cronos' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Cronos' valuation are summarized below:
Gross Profit
30.5 M
Profit Margin
0.3493
Market Capitalization
726.8 M
Enterprise Value Revenue
0.0188
Revenue
117.6 M
We have found one hundred twenty available fundamental signals for Cronos Group, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Cronos' prevailing fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 19th of March 2025, Market Cap is likely to grow to about 919.1 M, though Enterprise Value is likely to grow to (84.8 M).

Cronos Total Revenue

123.5 Million

Check Cronos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cronos' main balance sheet or income statement drivers, such as Interest Expense of 27.2 M, Total Revenue of 123.5 M or Gross Profit of 26.5 M, as well as many indicators such as Price To Sales Ratio of 6.2, Dividend Yield of 0.0 or PTB Ratio of 0.69. Cronos financial statements analysis is a perfect complement when working with Cronos Valuation or Volatility modules.
  
Check out the analysis of Cronos Correlation against competitors.

Cronos Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets848.6 M1.2 B631.9 M
Slightly volatile
Total Current Liabilities73.5 M49.7 M54.8 M
Slightly volatile
Total Stockholder Equity767.5 M1.1 B571.4 M
Slightly volatile
Accounts Payable11.6 M17 M8.6 M
Slightly volatile
Cash503.5 M858.8 M374.8 M
Slightly volatile
Non Current Assets Total213.5 M230.2 M159.1 M
Slightly volatile
Cash And Short Term Investments589.8 M858.8 M439 M
Slightly volatile
Common Stock Shares Outstanding249.4 M382.1 M188 M
Slightly volatile
Liabilities And Stockholders Equity848.6 M1.2 B631.9 M
Slightly volatile
Non Current Liabilities Total4.7 M5.6 M3.5 M
Slightly volatile
Other Current Assets7.2 M14.4 M5.4 M
Slightly volatile
Other Stockholder Equity703.4 M669.9 M98.5 M
Slightly volatile
Total Liabilities78.1 M55.3 M58.2 M
Slightly volatile
Total Current Assets635.1 M936.1 M472.8 M
Slightly volatile
Short and Long Term Debt Total1.9 MM3.8 M
Slightly volatile
Other Liabilities1.5 M1.6 M1.1 M
Slightly volatile
Net Tangible Assets683.3 M1.3 B543.5 M
Slightly volatile
Property Plant And Equipment Net89.1 M134.6 M61.5 M
Slightly volatile
Good Will46.6 M63.5 M32.1 M
Slightly volatile
Common Stock Total Equity719.1 M684.8 M290.4 M
Slightly volatile
Long Term Investments2.7 M2.8 M27 M
Slightly volatile
Property Plant And Equipment Gross281.4 M268 M99.6 M
Slightly volatile
Short and Long Term Debt18.6 M17.7 M8.2 M
Slightly volatile
Intangible Assets10.7 M11.3 M16.5 M
Slightly volatile
Common Stock355.3 M705.8 M271.1 M
Slightly volatile
Property Plant Equipment84.1 M72.3 M56.9 M
Slightly volatile
Net Invested Capital1.1 B1.1 B625.5 M
Slightly volatile
Net Working Capital843 M886.4 M442.4 M
Slightly volatile
Current Deferred Revenue69.9 K73.6 K4.9 M
Pretty Stable
Capital Stock595 M669.9 M356.6 M
Slightly volatile

Cronos Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses114.4 M194.1 M85.2 M
Slightly volatile
Total Operating Expenses72.8 M101.7 M54.2 M
Slightly volatile
Selling General Administrative48.4 M46.5 M33.8 M
Slightly volatile
Cost Of Revenue97 M92.4 M34.9 M
Slightly volatile
Interest Income49.4 M52 M91.9 M
Pretty Stable
Reconciled Depreciation8.4 M9.3 M4.7 M
Slightly volatile
Selling And Marketing Expenses27 M21.6 M13.9 M
Slightly volatile

Cronos Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow503.5 M858.8 M374.8 M
Slightly volatile
Begin Period Cash Flow463.3 M669.3 M318.6 M
Slightly volatile
DepreciationM9.3 M4.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
PTB Ratio0.690.72136.1013
Slightly volatile
Days Sales Outstanding16492.3866130
Slightly volatile
Book Value Per Share1.662.90711.6676
Slightly volatile
Average Payables3.7 M3.5 M2.5 M
Slightly volatile
Stock Based Compensation To Revenue0.07030.0740.3728
Slightly volatile
Capex To Depreciation1.341.40918.4947
Slightly volatile
PB Ratio0.690.72136.1013
Slightly volatile
Sales General And Administrative To Revenue0.450.46943.608
Slightly volatile
Research And Ddevelopement To Revenue0.03420.0360.1807
Very volatile
Capex To Revenue0.110.11183.2625
Slightly volatile
Cash Per Share1.22.24731.1999
Slightly volatile
Intangibles To Total Assets0.120.06390.1209
Slightly volatile
Current Ratio19.7818.83537.2175
Slightly volatile
Tangible Book Value Per Share1.52.7121.5152
Slightly volatile
Receivables Turnover2.153.95083.0948
Slightly volatile
Graham Number2.222.344.6451
Pretty Stable
Shareholders Equity Per Share1.652.78441.6615
Slightly volatile
Debt To Equity0.00180.00190.0314
Pretty Stable
Capex Per Share0.03270.03440.0797
Very volatile
Average Receivables2.5 M2.4 M1.5 M
Slightly volatile
Interest Debt Per Share0.0050.00530.0241
Pretty Stable
Debt To Assets0.00160.00170.0259
Pretty Stable
Price Book Value Ratio0.690.72136.1013
Slightly volatile
Company Equity Multiplier1.291.09611.2218
Slightly volatile
Long Term Debt To Capitalization0.03980.05270.0504
Slightly volatile
Total Debt To Capitalization0.00180.00190.0288
Pretty Stable
Debt Equity Ratio0.00180.00190.0314
Pretty Stable
Quick Ratio19.0818.16836.8409
Slightly volatile
Net Income Per E B T1.311.12281.3854
Slightly volatile
Cash Ratio18.1417.27985.7477
Slightly volatile
Days Of Sales Outstanding16492.3866130
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.290.30192.4698
Pretty Stable
Price To Book Ratio0.690.72136.1013
Slightly volatile
Fixed Asset Turnover0.920.87390.4293
Slightly volatile
Debt Ratio0.00160.00170.0259
Pretty Stable
Price Fair Value0.690.72136.1013
Slightly volatile

Cronos Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap919.1 M767.5 M921 M
Slightly volatile

Cronos Fundamental Market Drivers

Cash And Short Term Investments858.8 M

Cronos Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Cronos Financial Statements

Cronos investors utilize fundamental indicators, such as revenue or net income, to predict how Cronos Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue73.6 K69.9 K
Total Revenue117.6 M123.5 M
Cost Of Revenue92.4 M97 M
Stock Based Compensation To Revenue 0.07  0.07 
Sales General And Administrative To Revenue 0.47  0.45 
Research And Ddevelopement To Revenue 0.04  0.03 
Capex To Revenue 0.11  0.11 
Revenue Per Share 0.31  0.32 
Ebit Per Revenue(0.65)(0.68)

Pair Trading with Cronos

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cronos position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cronos will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Cronos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cronos when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cronos - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cronos Group to buy it.
The correlation of Cronos is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cronos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cronos Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cronos can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cronos Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cronos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cronos Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cronos Group Stock:
Check out the analysis of Cronos Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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 Cronos. If investors know Cronos 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 Cronos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.144
Earnings Share
0.11
Revenue Per Share
0.308
Quarterly Revenue Growth
0.267
Return On Assets
(0.03)
The market value of Cronos Group is measured differently than its book value, which is the value of Cronos that is recorded on the company's balance sheet. Investors also form their own opinion of Cronos' value that differs from its market value or its book value, called intrinsic value, which is Cronos' 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 Cronos' market value can be influenced by many factors that don't directly affect Cronos' 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 Cronos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cronos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cronos' 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.