Cronos Change To Operating Activities vs Net Borrowings Analysis
CRON Stock | CAD 2.77 0.06 2.12% |
Cronos financial indicator trend analysis is way more than just evaluating Cronos Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cronos Group is a good investment. Please check the relationship between Cronos Change To Operating Activities and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cronos Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Change To Operating Activities vs Net Borrowings
Change To Operating Activities vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cronos Group Change To Operating Activities account and Net Borrowings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cronos' Change To Operating Activities and Net Borrowings is 0.68. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Cronos Group, assuming nothing else is changed. The correlation between historical values of Cronos' Change To Operating Activities and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Cronos Group are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Operating Activities i.e., Cronos' Change To Operating Activities and Net Borrowings go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Change To Operating Activities
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Most indicators from Cronos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cronos Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cronos Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Cronos' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 10th of March 2025, Enterprise Value Multiple is likely to grow to 1.87, while Selling General Administrative is likely to drop about 47.2 M.
Cronos fundamental ratios Correlations
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Cronos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cronos fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 1.9B | 1.4B | 1.2B | 1.1B | 1.2B | 848.6M | |
Other Current Liab | 183.3M | 37.1M | 18.5M | 16.5M | 40K | 38K | |
Total Current Liabilities | 206.8M | 54.4M | 68.1M | 41.4M | 49.7M | 73.5M | |
Total Stockholder Equity | 1.7B | 1.3B | 1.1B | 1.1B | 1.1B | 767.5M | |
Net Debt | (1.1B) | (877.2M) | (760.8M) | (666.7M) | (600.1M) | (630.1M) | |
Retained Earnings | 1.1B | 659.4M | 490.7M | 416.7M | 457.7M | 384.4M | |
Accounts Payable | 19.3M | 11.1M | 11.2M | 12.1M | 17.0M | 10.6M | |
Cash | 1.1B | 887.0M | 764.6M | 669.3M | 858.8M | 503.5M | |
Non Current Assets Total | 553.5M | 318.0M | 252.9M | 206.8M | 230.1M | 213.5M | |
Cash And Short Term Investments | 1.3B | 1.0B | 877.7M | 861.5M | 990.8M | 557.5M | |
Common Stock Shares Outstanding | 342.8M | 351.6M | 370.4M | 381.0M | 382.5M | 248.8M | |
Liabilities And Stockholders Equity | 1.9B | 1.4B | 1.2B | 1.1B | 1.3B | 809.1M | |
Non Current Liabilities Total | 10.7M | 9.1M | 3.9M | 2.6M | 5.6M | 4.7M | |
Other Current Assets | 12.3M | 9.0M | 13.6M | 5.4M | 6.3M | 6.3M | |
Other Stockholder Equity | 34.6M | 32.5M | 42.7M | 48.4M | 55.7M | 58.5M | |
Total Liab | 217.5M | 63.5M | 72.0M | 44.0M | 55.3M | 78.1M | |
Total Current Assets | 1.4B | 1.1B | 960.2M | 933.3M | 936.1M | 635.1M | |
Short Long Term Debt Total | 9.8M | 9.8M | 3.9M | 2.6M | 2.9M | 2.8M | |
Other Liab | 1.8M | 2.2M | 2.0M | 1.4M | 1.6M | 1.5M | |
Net Tangible Assets | 1.5B | 1.5B | 1.3B | 1.1B | 1.3B | 683.9M | |
Property Plant And Equipment Net | 197.4M | 83.0M | 62.8M | 60.8M | 134.6M | 89.1M | |
Non Currrent Assets Other | 87.7M | 100K | 72.5M | 45K | 51.8K | 49.2K | |
Other Assets | 64.4M | 87.7M | 80.7M | 193K | 222.0K | 210.9K | |
Net Receivables | 26.0M | 33.3M | 31.3M | 35.9M | 15.5M | 16.7M | |
Good Will | 179.5M | 1.1M | 1.0M | 1.1M | 63.5M | 46.6M | |
Inventory | 44.0M | 32.8M | 37.6M | 30.5M | 33.1M | 24.4M | |
Long Term Investments | 19.2M | 135.2M | 89.7M | 54.7M | 2.8M | 2.7M | |
Property Plant And Equipment Gross | 197.4M | 83.0M | 207.2M | 200.6M | 268.0M | 281.4M | |
Accumulated Other Comprehensive Income | 43.0M | 49.9M | (797K) | 20.7M | 23.8M | 15.9M | |
Short Term Debt | 1.3M | 2.7M | 1.3M | 994K | 894.6K | 849.9K | |
Intangible Assets | 69.7M | 18.1M | 26.7M | 21.1M | 11.1M | 10.6M | |
Common Stock | 569.3M | 595.5M | 611.3M | 613.7M | 705.8M | 355.3M | |
Property Plant Equipment | 166.5M | 197.4M | 83.0M | 62.8M | 72.3M | 85.3M | |
Capital Surpluse | 23.2M | 34.6M | 32.5M | 42.7M | 49.1M | 51.5M | |
Cash And Equivalents | 1.2B | 1.1B | 887.0M | 764.6M | 879.3M | 622.7M | |
Net Invested Capital | 1.7B | 1.3B | 1.1B | 1.1B | 1.1B | 1.1B |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cronos Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.