Cronos Net Income vs Free Cash Flow Analysis

CRON Stock

CAD 2.72 0.07 2.51%

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 Net Income and its Free Cash Flow 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.

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cronos Group Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cronos' Net Income and Free Cash Flow is -0.35. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Cronos Group, assuming nothing else is changed. The correlation between historical values of Cronos' Net Income and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Cronos Group are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., Cronos' Net Income and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Cronos Group financial statement analysis. It represents the amount of money remaining after all of Cronos Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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.

As of the 19th of December 2024, Selling General Administrative is likely to drop to about 43.8 M. In addition to that, Tax Provision is likely to grow to about (3.1 M)

Cronos fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Common Stock Total Equity
Total Assets		0.8	0.87	1.0	-0.99	0.99	0.93	1.0	0.97	1.0	0.9	0.87	0.93	0.76	0.88	1.0	0.43	0.81	0.98	0.84	0.87	0.64	0.8	0.77	0.75	0.88
Other Current Liab	0.8		0.98	0.76	-0.75	0.86	0.91	0.77	0.85	0.79	0.53	0.72	0.69	0.3	0.98	0.77	0.4	0.58	0.67	0.81	0.46	0.65	0.75	0.28	0.98	0.49
Total Current Liabilities	0.87	0.98		0.83	-0.84	0.91	0.96	0.84	0.9	0.86	0.64	0.76	0.78	0.45	1.0	0.85	0.39	0.65	0.76	0.84	0.61	0.67	0.73	0.43	0.95	0.63
Total Stockholder Equity	1.0	0.76	0.83		-0.99	0.98	0.9	1.0	0.96	1.0	0.92	0.86	0.93	0.79	0.84	1.0	0.42	0.82	0.99	0.82	0.89	0.63	0.79	0.81	0.71	0.9
Net Debt	-0.99	-0.75	-0.84	-0.99		-0.97	-0.91	-1.0	-0.95	-0.99	-0.9	-0.85	-0.92	-0.81	-0.84	-0.99	-0.37	-0.79	-0.98	-0.8	-0.91	-0.6	-0.77	-0.83	-0.7	-0.92
Retained Earnings	0.99	0.86	0.91	0.98	-0.97		0.94	0.98	0.98	0.98	0.82	0.88	0.89	0.67	0.92	0.98	0.39	0.77	0.94	0.84	0.81	0.66	0.85	0.69	0.83	0.82
Accounts Payable	0.93	0.91	0.96	0.9	-0.91	0.94		0.91	0.91	0.93	0.78	0.81	0.84	0.59	0.96	0.92	0.39	0.71	0.86	0.81	0.74	0.68	0.71	0.59	0.85	0.75
Cash	1.0	0.77	0.84	1.0	-1.0	0.98	0.91		0.96	1.0	0.9	0.85	0.92	0.77	0.85	1.0	0.39	0.79	0.98	0.8	0.88	0.62	0.8	0.79	0.72	0.89
Non Current Assets Total	0.97	0.85	0.9	0.96	-0.95	0.98	0.91	0.96		0.96	0.86	0.92	0.92	0.69	0.91	0.96	0.56	0.85	0.92	0.93	0.79	0.7	0.84	0.69	0.82	0.82
Cash And Short Term Investments	1.0	0.79	0.86	1.0	-0.99	0.98	0.93	1.0	0.96		0.89	0.84	0.92	0.76	0.86	1.0	0.38	0.79	0.98	0.8	0.88	0.62	0.78	0.78	0.73	0.89
Common Stock Shares Outstanding	0.9	0.53	0.64	0.92	-0.9	0.82	0.78	0.9	0.86	0.89		0.82	0.92	0.87	0.65	0.9	0.56	0.88	0.94	0.77	0.89	0.58	0.61	0.88	0.46	0.93
Non Current Liabilities Total	0.87	0.72	0.76	0.86	-0.85	0.88	0.81	0.85	0.92	0.84	0.82		0.85	0.59	0.78	0.84	0.69	0.85	0.82	0.87	0.68	0.69	0.88	0.64	0.69	0.73
Other Current Assets	0.93	0.69	0.78	0.93	-0.92	0.89	0.84	0.92	0.92	0.92	0.92	0.85		0.76	0.79	0.92	0.55	0.82	0.91	0.83	0.82	0.77	0.67	0.76	0.63	0.85
Other Stockholder Equity	0.76	0.3	0.45	0.79	-0.81	0.67	0.59	0.77	0.69	0.76	0.87	0.59	0.76		0.46	0.78	0.26	0.73	0.84	0.59	0.97	0.34	0.36	0.98	0.24	0.97
Total Liab	0.88	0.98	1.0	0.84	-0.84	0.92	0.96	0.85	0.91	0.86	0.65	0.78	0.79	0.46		0.86	0.41	0.66	0.77	0.85	0.61	0.68	0.74	0.44	0.95	0.64
Total Current Assets	1.0	0.77	0.85	1.0	-0.99	0.98	0.92	1.0	0.96	1.0	0.9	0.84	0.92	0.78	0.86		0.38	0.79	0.99	0.8	0.88	0.62	0.78	0.79	0.72	0.89
Short Long Term Debt Total	0.43	0.4	0.39	0.42	-0.37	0.39	0.39	0.39	0.56	0.38	0.56	0.69	0.55	0.26	0.41	0.38		0.73	0.39	0.75	0.22	0.45	0.5	0.26	0.34	0.35
Other Liab	0.81	0.58	0.65	0.82	-0.79	0.77	0.71	0.79	0.85	0.79	0.88	0.85	0.82	0.73	0.66	0.79	0.73		0.81	0.85	0.73	0.51	0.67	0.72	0.52	0.8
Net Tangible Assets	0.98	0.67	0.76	0.99	-0.98	0.94	0.86	0.98	0.92	0.98	0.94	0.82	0.91	0.84	0.77	0.99	0.39	0.81		0.77	0.92	0.56	0.74	0.86	0.62	0.93
Property Plant And Equipment Net	0.84	0.81	0.84	0.82	-0.8	0.84	0.81	0.8	0.93	0.8	0.77	0.87	0.83	0.59	0.85	0.8	0.75	0.85	0.77		0.64	0.66	0.74	0.56	0.78	0.71
Current Deferred Revenue	0.87	0.46	0.61	0.89	-0.91	0.81	0.74	0.88	0.79	0.88	0.89	0.68	0.82	0.97	0.61	0.88	0.22	0.73	0.92	0.64		0.4	0.51	0.97	0.4	0.99
Non Currrent Assets Other	0.64	0.65	0.67	0.63	-0.6	0.66	0.68	0.62	0.7	0.62	0.58	0.69	0.77	0.34	0.68	0.62	0.45	0.51	0.56	0.66	0.4		0.5	0.31	0.69	0.42
Other Assets	0.8	0.75	0.73	0.79	-0.77	0.85	0.71	0.8	0.84	0.78	0.61	0.88	0.67	0.36	0.74	0.78	0.5	0.67	0.74	0.74	0.51	0.5		0.44	0.74	0.54
Net Receivables	0.77	0.28	0.43	0.81	-0.83	0.69	0.59	0.79	0.69	0.78	0.88	0.64	0.76	0.98	0.44	0.79	0.26	0.72	0.86	0.56	0.97	0.31	0.44		0.21	0.97
Good Will	0.75	0.98	0.95	0.71	-0.7	0.83	0.85	0.72	0.82	0.73	0.46	0.69	0.63	0.24	0.95	0.72	0.34	0.52	0.62	0.78	0.4	0.69	0.74	0.21		0.42
Common Stock Total Equity	0.88	0.49	0.63	0.9	-0.92	0.82	0.75	0.89	0.82	0.89	0.93	0.73	0.85	0.97	0.64	0.89	0.35	0.8	0.93	0.71	0.99	0.42	0.54	0.97	0.42

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Cronos Account Relationship Matchups

Cronos fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	1.9B	1.4B	1.2B	1.1B	809.1M
Other Current Liab	297.2M	183.3M	37.1M	18.5M	16.5M	15.7M
Total Current Liabilities	332.9M	206.8M	54.4M	68.1M	41.4M	75.2M
Total Stockholder Equity	1.7B	1.7B	1.3B	1.1B	1.1B	730.8M
Net Debt	(1.2B)	(1.1B)	(877.2M)	(760.8M)	(666.7M)	(633.4M)
Retained Earnings	1.1B	1.1B	659.4M	490.7M	416.7M	373.6M
Accounts Payable	35.3M	19.3M	11.1M	11.2M	12.1M	9.9M
Cash	1.2B	1.1B	887.0M	764.6M	669.3M	463.4M
Non Current Assets Total	520.4M	553.5M	318.0M	252.9M	206.8M	209.9M
Cash And Short Term Investments	1.5B	1.3B	1.0B	877.7M	861.5M	557.5M
Common Stock Shares Outstanding	172.3M	342.8M	351.6M	370.4M	381.0M	233.2M
Liabilities And Stockholders Equity	2.1B	1.9B	1.4B	1.2B	1.1B	809.1M
Non Current Liabilities Total	8.5M	10.7M	9.1M	3.9M	2.6M	4.5M
Other Current Assets	12.6M	12.3M	9.0M	13.6M	5.4M	6.2M
Other Stockholder Equity	23.2M	34.6M	32.5M	42.7M	48.4M	50.9M
Total Liab	341.4M	217.5M	63.5M	72.0M	44.0M	79.6M
Total Current Assets	1.6B	1.4B	1.1B	960.2M	933.3M	599.3M
Short Long Term Debt Total	7.1M	9.8M	9.8M	3.9M	2.6M	2.4M
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	168.4M	197.4M	83.0M	62.8M	60.8M	83.2M
Non Currrent Assets Other	64.4M	87.7M	100K	72.5M	45K	42.8K
Other Assets	64.4M	87.7M	80.7M	193K	222.0K	210.9K
Net Receivables	16.5M	26.0M	33.3M	31.3M	35.9M	37.7M
Good Will	214.8M	179.5M	1.1M	1.0M	1.1M	1.0M
Common Stock Total Equity	66.4M	165.6M	561.2M	569.3M	654.6M	687.4M
Inventory	38.0M	44.0M	32.8M	37.6M	30.5M	23.1M
Long Term Investments	557K	19.2M	135.2M	89.7M	54.7M	35.9M
Property Plant And Equipment Gross	168.4M	197.4M	83.0M	207.2M	200.6M	114.5M
Accumulated Other Comprehensive Income	27.8M	43.0M	49.9M	(797K)	20.7M	15.9M
Short Term Debt	427K	1.3M	2.7M	1.3M	994K	944.3K
Intangible Assets	72.3M	69.7M	18.1M	26.7M	21.1M	26.0M
Common Stock	561.2M	569.3M	595.5M	611.3M	613.7M	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	1.7B	1.3B	1.1B	1.1B	1.1B

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:

How To Invest In Cronos

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What is Cronos' Net Worth?

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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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.

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Cronos Net Income vs Free Cash Flow Analysis

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Income

Free Cash Flow

Cronos fundamental ratios Correlations

Cronos Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cronos fundamental ratios Accounts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash	+ 1.0	Total Stockholder Equity

Cash	- 1.0	Net Debt
Total Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Net Debt	- 0.99	Total Stockholder Equity
Net Debt	- 0.99	Total Assets
Net Tangible Assets	- 0.98	Net Debt