Cronos Net Interest Income vs Net Income Analysis

CRON Stock  CAD 2.83  0.06  2.08%   
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 Interest Income and its Net Income 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 Interest Income vs Net Income

Net Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cronos Group Net Interest Income account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cronos' Net Interest Income and Net Income is -0.25. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income 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 Interest Income and Net Income 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 Interest Income of Cronos Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Interest Income i.e., Cronos' Net Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

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.
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 11th of January 2025, Selling General Administrative is likely to drop to about 43.8 M. In addition to that, Tax Provision is likely to grow to about (3.5 M)

Cronos fundamental ratios Correlations

0.760.841.0-0.990.980.931.00.971.00.890.840.920.740.851.00.40.810.980.830.880.580.740.760.70.89
0.760.980.71-0.730.840.890.730.840.740.460.720.680.220.980.730.40.570.640.80.430.650.750.210.980.46
0.840.980.8-0.820.90.940.810.890.820.570.760.780.381.00.810.390.640.730.840.580.670.730.370.940.6
1.00.710.8-0.990.970.91.00.951.00.920.820.910.770.81.00.390.820.990.810.90.560.730.790.650.91
-0.99-0.73-0.82-0.99-0.98-0.91-0.99-0.95-0.99-0.87-0.84-0.92-0.76-0.83-0.99-0.35-0.79-0.97-0.8-0.9-0.57-0.74-0.78-0.67-0.91
0.980.840.90.97-0.980.940.970.980.970.80.860.890.630.910.970.380.770.940.840.810.630.820.660.810.82
0.930.890.940.9-0.910.940.910.910.920.770.790.840.580.940.920.370.720.870.810.750.630.670.580.820.76
1.00.730.811.0-0.990.970.910.951.00.90.820.920.750.821.00.360.790.990.790.890.560.740.770.670.9
0.970.840.890.95-0.950.980.910.950.950.820.910.920.640.90.950.550.850.920.930.780.670.810.650.80.82
1.00.740.821.0-0.990.970.921.00.950.90.80.90.750.831.00.340.790.990.790.890.550.720.770.680.9
0.890.460.570.92-0.870.80.770.90.820.90.730.870.870.580.90.480.850.940.720.90.460.50.880.380.93
0.840.720.760.82-0.840.860.790.820.910.80.730.850.50.780.80.70.850.790.870.640.680.880.550.690.7
0.920.680.780.91-0.920.890.840.920.920.90.870.850.70.790.910.540.820.90.830.810.750.650.70.620.85
0.740.220.380.77-0.760.630.580.750.640.750.870.50.70.390.760.190.680.810.540.960.210.240.990.150.96
0.850.981.00.8-0.830.910.940.820.90.830.580.780.790.390.820.410.660.740.850.580.680.740.380.940.61
1.00.730.811.0-0.990.970.921.00.951.00.90.80.910.760.820.350.790.990.790.90.550.710.780.670.91
0.40.40.390.39-0.350.380.370.360.550.340.480.70.540.190.410.350.720.370.740.20.450.50.20.340.33
0.810.570.640.82-0.790.770.720.790.850.790.850.850.820.680.660.790.720.810.850.730.490.650.690.50.79
0.980.640.730.99-0.970.940.870.990.920.990.940.790.90.810.740.990.370.810.760.920.50.680.840.570.93
0.830.80.840.81-0.80.840.810.790.930.790.720.870.830.540.850.790.740.850.760.630.650.720.520.770.7
0.880.430.580.9-0.90.810.750.890.780.890.90.640.810.960.580.90.20.730.920.630.340.450.970.360.99
0.580.650.670.56-0.570.630.630.560.670.550.460.680.750.210.680.550.450.490.50.650.340.50.190.690.37
0.740.750.730.73-0.740.820.670.740.810.720.50.880.650.240.740.710.50.650.680.720.450.50.320.740.48
0.760.210.370.79-0.780.660.580.770.650.770.880.550.70.990.380.780.20.690.840.520.970.190.320.140.96
0.70.980.940.65-0.670.810.820.670.80.680.380.690.620.150.940.670.340.50.570.770.360.690.740.140.38
0.890.460.60.91-0.910.820.760.90.820.90.930.70.850.960.610.910.330.790.930.70.990.370.480.960.38
Click cells to compare fundamentals

Cronos Account Relationship Matchups

Cronos fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9B1.4B1.2B1.1B1.3B809.1M
Other Current Liab183.3M37.1M18.5M16.5M19.0M18.0M
Total Current Liabilities206.8M54.4M68.1M41.4M47.6M75.2M
Total Stockholder Equity1.7B1.3B1.1B1.1B1.3B730.8M
Net Debt(1.1B)(877.2M)(760.8M)(666.7M)(600.1M)(630.1M)
Retained Earnings1.1B659.4M490.7M416.7M479.2M373.6M
Accounts Payable19.3M11.1M11.2M12.1M13.9M9.9M
Cash1.1B887.0M764.6M669.3M769.7M463.4M
Non Current Assets Total553.5M318.0M252.9M206.8M237.8M209.9M
Cash And Short Term Investments1.3B1.0B877.7M861.5M990.8M557.5M
Common Stock Shares Outstanding342.8M351.6M370.4M381.0M438.1M233.2M
Liabilities And Stockholders Equity1.9B1.4B1.2B1.1B1.3B809.1M
Non Current Liabilities Total10.7M9.1M3.9M2.6M2.9M4.5M
Other Current Assets12.3M9.0M13.6M5.4M6.2M6.2M
Other Stockholder Equity34.6M32.5M42.7M48.4M55.7M58.5M
Total Liab217.5M63.5M72.0M44.0M50.6M79.6M
Total Current Assets1.4B1.1B960.2M933.3M1.1B599.3M
Short Long Term Debt Total9.8M9.8M3.9M2.6M2.9M2.8M
Other Liab1.8M2.2M2.0M1.4M1.6M1.5M
Net Tangible Assets1.5B1.5B1.3B1.1B1.3B683.9M
Property Plant And Equipment Net197.4M83.0M62.8M60.8M69.9M83.2M
Non Currrent Assets Other87.7M100K72.5M45K51.8K49.2K
Other Assets64.4M87.7M80.7M193K222.0K210.9K
Net Receivables26.0M33.3M31.3M35.9M41.3M43.3M
Good Will179.5M1.1M1.0M1.1M1.2M1.2M
Inventory44.0M32.8M37.6M30.5M35.1M23.1M
Long Term Investments19.2M135.2M89.7M54.7M62.9M35.9M
Property Plant And Equipment Gross197.4M83.0M207.2M200.6M230.7M242.2M
Accumulated Other Comprehensive Income43.0M49.9M(797K)20.7M23.8M15.9M
Short Term Debt1.3M2.7M1.3M994K894.6K849.9K
Intangible Assets69.7M18.1M26.7M21.1M24.2M26.0M
Common Stock569.3M595.5M611.3M613.7M705.8M355.3M
Property Plant Equipment166.5M197.4M83.0M62.8M72.3M85.3M
Capital Surpluse23.2M34.6M32.5M42.7M49.1M51.5M
Cash And Equivalents1.2B1.1B887.0M764.6M879.3M622.7M
Net Invested Capital1.7B1.3B1.1B1.1B1.3B1.1B
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:
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.