Canopy Financial Statements From 2010 to 2024

WEED Stock  CAD 4.07  0.31  7.08%   
Canopy Growth financial statements provide useful quarterly and yearly information to potential Canopy Growth Corp 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 Canopy Growth financial statements helps investors assess Canopy Growth's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Canopy Growth's valuation are summarized below:
Gross Profit
-81.9 M
Profit Margin
(2.01)
Market Capitalization
642.2 M
Enterprise Value Revenue
3.248
Revenue
280.5 M
We have found one hundred twenty available fundamental signals for Canopy Growth Corp, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Canopy Growth's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 18th of December 2024, Market Cap is likely to drop to about 2.4 M. In addition to that, Enterprise Value is likely to drop to about 2.4 M

Canopy Growth Total Revenue

297.15 Million

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, Selling General Administrative of 5.8 M or Total Revenue of 1.1 M, as well as many indicators such as Price To Sales Ratio of 538, Dividend Yield of 0.0 or PTB Ratio of 28.47. Canopy financial statements analysis is a perfect complement when working with Canopy Growth Valuation or Volatility modules.
  
This module can also supplement various Canopy Growth Technical models . Check out the analysis of Canopy Growth Correlation against competitors.

Canopy Growth Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets26 M1.3 B2.3 B
Slightly volatile
Other Current Liabilities79.9 M76.4 M73.1 M
Slightly volatile
Total Current Liabilities2.7 M234.7 M166.1 M
Slightly volatile
Total Stockholder Equity21.7 M500.4 M1.5 B
Slightly volatile
Cash5.8 M170.3 M467.7 M
Slightly volatile
Cash And Short Term Investments195.5 M205.8 M786.4 M
Slightly volatile
Common Stock Shares Outstanding122 M74.8 M118.9 M
Slightly volatile
Short Term Investments31.5 M33.2 M330.7 M
Pretty Stable
Liabilities And Stockholders Equity2.5 B1.3 B2.4 B
Slightly volatile
Other Current Assets776.3 K38.6 M27.9 M
Slightly volatile
Total Liabilities4.3 M799.8 M741.4 M
Slightly volatile
Total Current Assets10.3 M371.2 M959.2 M
Slightly volatile
Accounts Payable2.4 M28.7 M37.9 M
Slightly volatile
Common Stock Total Equity7.7 B7.3 B3.2 B
Slightly volatile
Non Current Liabilities Total790.9 M565.1 M627.9 M
Slightly volatile
Common Stock29.8 M8.2 BB
Slightly volatile
Short and Long Term Debt Total673 M668 M493.6 M
Slightly volatile
Property Plant And Equipment Net592.1 M320.1 M434.6 M
Slightly volatile
Non Current Assets Total882.7 M929.1 M1.4 B
Slightly volatile
Short Term Debt1.9 M119.1 M59.4 M
Slightly volatile
Intangible Assets57.5 K104.1 M143 M
Slightly volatile
Net Tangible Assets23.6 M24.9 M749.9 M
Pretty Stable
Long Term Debt1.6 M493.3 M375.2 M
Slightly volatile
Net Receivables528.7 K51.8 M35.9 M
Slightly volatile
Inventory3.2 M77.3 M108.8 M
Slightly volatile
Short and Long Term Debt1.9 M103.9 M53.9 M
Slightly volatile
Property Plant Equipment14.8 M15.6 M380.1 M
Slightly volatile
Other Liabilities343.6 M205.7 M215.2 M
Slightly volatile
Property Plant And Equipment Gross712 M418.3 M483.1 M
Slightly volatile
Good Will41.1 M43.2 M540.4 M
Slightly volatile
Long Term Debt Total831 M908.1 M471.9 M
Slightly volatile
Long Term Investments129.4 M136.2 M204.6 M
Slightly volatile
Non Current Liabilities Other15.4 M16.2 M103.5 M
Slightly volatile
Net Invested CapitalB1.1 B2.5 B
Slightly volatile
Net Working Capital129.6 M136.5 M969.2 M
Pretty Stable
Capital Stock7.9 B8.2 B6.6 B
Slightly volatile
Cash And Equivalents183.4 M193.1 M615.6 M
Slightly volatile
Capital Lease Obligations109.1 M70.8 M64.5 M
Slightly volatile

Canopy Growth Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative5.8 M99.8 M199.5 M
Slightly volatile
Total Revenue1.1 M297.1 M168.4 M
Slightly volatile
Other Operating Expenses464.4 M525.9 M453.1 M
Slightly volatile
Total Operating Expenses7.9 M308.6 M256.9 M
Slightly volatile
Selling And Marketing Expenses120.9 M76.1 M88.7 M
Slightly volatile
Research Development159.6 K4.6 M13.1 M
Slightly volatile
Interest Income15.4 M16.2 M80.4 M
Slightly volatile
Reconciled Depreciation89.8 M53.2 M53.7 M
Slightly volatile

Canopy Growth Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation13.5 M14.2 M57.7 M
Pretty Stable
End Period Cash Flow2.1 M170.3 M467.2 M
Slightly volatile
Begin Period Cash Flow2.1 M677 M457.1 M
Slightly volatile
Depreciation362.9 K53.2 M38.7 M
Slightly volatile
Sale Purchase Of Stock23.8 M25 M444.7 M
Very volatile
Issuance Of Capital Stock77 M81.1 M3.1 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5382.5672255
Very volatile
PTB Ratio28.471.524515.2553
Pretty Stable
Days Sales Outstanding24663.686490.0002
Slightly volatile
Book Value Per Share0.726.692431.2257
Pretty Stable
Average Payables565.6 K595.3 K31 M
Slightly volatile
Stock Based Compensation To Revenue1.950.04770.5804
Pretty Stable
Capex To Depreciation32.970.075124.7915
Pretty Stable
PB Ratio28.471.524515.2553
Pretty Stable
EV To Sales5354.2421253
Very volatile
Sales General And Administrative To Revenue5.230.3361.6151
Pretty Stable
Average Inventory474.6 K499.5 K4.2 M
Slightly volatile
Research And Ddevelopement To Revenue0.140.01550.0707
Pretty Stable
Capex To Revenue10.440.01342.2275
Pretty Stable
Cash Per Share0.192.752115.0601
Slightly volatile
Income Quality1.090.58291.6735
Slightly volatile
Intangibles To Total Assets0.00220.11330.2593
Slightly volatile
Current Ratio3.751.58145.9751
Pretty Stable
Tangible Book Value Per Share0.724.722917.4472
Pretty Stable
Receivables Turnover1.485.73125.8594
Slightly volatile
Graham Number2.236.372979.5582
Slightly volatile
Shareholders Equity Per Share0.726.690530.2557
Pretty Stable
Debt To Equity0.08651.19360.2906
Slightly volatile
Capex Per Share0.40.05343.2889
Very volatile
Average Receivables606.5 K347.9 K646.3 K
Slightly volatile
Revenue Per Share0.03833.97323.6314
Slightly volatile
Interest Debt Per Share0.06489.39449.4494
Slightly volatile
Debt To Assets0.07220.45930.1304
Slightly volatile
Price Book Value Ratio28.471.524515.2553
Pretty Stable
Company Equity Multiplier1.22.59871.5142
Slightly volatile
Long Term Debt To Capitalization0.06690.49640.1375
Slightly volatile
Total Debt To Capitalization0.07960.54410.154
Slightly volatile
Debt Equity Ratio0.08651.19360.2906
Slightly volatile
Quick Ratio3.351.25214.5636
Pretty Stable
Net Income Per E B T0.831.39441.0236
Very volatile
Cash Ratio2.110.72562.8046
Very volatile
Days Of Sales Outstanding24663.686490.0002
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio2.231.01421.8451
Slightly volatile
Price To Book Ratio28.471.524515.2553
Pretty Stable
Fixed Asset Turnover0.07330.92830.3662
Slightly volatile
Debt Ratio0.07220.45930.1304
Slightly volatile
Price Sales Ratio5382.5672255
Very volatile
Asset Turnover0.04410.22850.0863
Slightly volatile
Price Fair Value28.471.524515.2553
Pretty Stable

Canopy Growth Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.4 M762.8 M20.1 B
Very volatile
Enterprise Value2.4 M1.3 B20 B
Very volatile

Canopy Fundamental Market Drivers

Cash And Short Term Investments205.8 M

About Canopy Growth Financial Statements

Canopy Growth investors utilize fundamental indicators, such as revenue or net income, to predict how Canopy 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 Revenue87.4 M91.8 M
Total Revenue297.1 M1.1 M
Cost Of Revenue217.2 M731.3 K
Stock Based Compensation To Revenue 0.05  1.95 
Sales General And Administrative To Revenue 0.34  5.23 
Research And Ddevelopement To Revenue 0.02  0.14 
Capex To Revenue 0.01  10.44 
Revenue Per Share 3.97  0.04 
Ebit Per Revenue(0.77)(6.75)

Pair Trading with Canopy Growth

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 Canopy Growth 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 Canopy Growth will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canopy Stock

  0.62CMC Cielo Waste SolutionsPairCorr

Moving against Canopy Stock

  0.7MATE Blockmate VenturesPairCorr
  0.57LQWD LQwD FinTech CorpPairCorr
  0.44NZP Chatham Rock PhosphatePairCorr
The ability to find closely correlated positions to Canopy Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canopy Growth 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 Canopy Growth - 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 Canopy Growth Corp to buy it.
The correlation of Canopy Growth 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 Canopy Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canopy Growth Corp 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 Canopy Growth 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 Canopy Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canopy Growth's 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 Canopy Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canopy Growth Corp Stock:
Check out the analysis of Canopy Growth Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.