Cronos Ptb Ratio vs Capex To Depreciation 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 Ptb Ratio and its Capex To Depreciation 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.

Ptb Ratio vs Capex To Depreciation

Ptb Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cronos Group Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cronos' Ptb Ratio and Capex To Depreciation is 0.89. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Cronos Group, assuming nothing else is changed. The correlation between historical values of Cronos' Ptb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Cronos Group are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., Cronos' Ptb Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing 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.
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

0.750.851.0-0.990.980.930.990.970.990.90.870.920.730.861.00.410.810.980.850.880.590.750.830.770.89
0.750.970.71-0.710.830.840.690.820.710.450.680.660.170.970.720.40.550.610.720.380.660.750.320.930.42
0.850.970.81-0.820.90.920.80.90.820.590.750.780.381.00.820.390.640.730.80.580.670.730.450.950.6
1.00.710.81-0.990.970.910.990.960.990.910.870.920.760.821.00.40.820.990.830.890.580.750.860.730.91
-0.99-0.71-0.82-0.99-0.98-0.91-0.99-0.95-0.99-0.89-0.85-0.92-0.76-0.83-0.99-0.35-0.79-0.97-0.8-0.9-0.57-0.74-0.85-0.73-0.91
0.980.830.90.97-0.980.930.970.980.970.810.880.890.630.910.970.380.770.930.830.80.630.820.740.850.82
0.930.840.920.91-0.910.930.920.910.930.790.810.840.610.930.920.360.720.880.820.770.610.650.620.870.78
0.990.690.80.99-0.990.970.920.941.00.910.850.910.770.811.00.350.80.990.820.90.540.720.840.730.91
0.970.820.90.96-0.950.980.910.940.950.840.920.920.640.910.950.550.850.920.920.780.670.820.740.840.82
0.990.710.820.99-0.990.970.931.00.950.90.840.90.750.831.00.340.790.990.820.890.550.720.830.750.9
0.90.450.590.91-0.890.810.790.910.840.90.810.890.870.610.90.50.860.940.790.910.490.520.910.490.94
0.870.680.750.87-0.850.880.810.850.920.840.810.850.580.760.850.670.870.840.870.710.640.840.680.720.76
0.920.660.780.92-0.920.890.840.910.920.90.890.850.70.790.910.540.830.90.820.810.750.650.810.650.85
0.730.170.380.76-0.760.630.610.770.640.750.870.580.70.40.750.190.680.810.630.960.210.240.820.330.96
0.860.971.00.82-0.830.910.930.810.910.830.610.760.790.40.830.410.660.740.810.590.680.740.470.950.62
1.00.720.821.0-0.990.970.921.00.951.00.90.850.910.750.830.360.790.990.810.890.560.730.850.740.9
0.410.40.390.4-0.350.380.360.350.550.340.50.670.540.190.410.360.720.370.690.20.450.50.330.310.33
0.810.550.640.82-0.790.770.720.80.850.790.860.870.830.680.660.790.720.810.860.730.490.650.720.570.79
0.980.610.730.99-0.970.930.880.990.920.990.940.840.90.810.740.990.370.810.810.920.50.680.880.650.93
0.850.720.80.83-0.80.830.820.820.920.820.790.870.820.630.810.810.690.860.810.690.580.660.580.80.76
0.880.380.580.89-0.90.80.770.90.780.890.910.710.810.960.590.890.20.730.920.690.340.450.870.50.99
0.590.660.670.58-0.570.630.610.540.670.550.490.640.750.210.680.560.450.490.50.580.340.50.390.630.37
0.750.750.730.75-0.740.820.650.720.820.720.520.840.650.240.740.730.50.650.680.660.450.50.520.70.48
0.830.320.450.86-0.850.740.620.840.740.830.910.680.810.820.470.850.330.720.880.580.870.390.520.30.87
0.770.930.950.73-0.730.850.870.730.840.750.490.720.650.330.950.740.310.570.650.80.50.630.70.30.52
0.890.420.60.91-0.910.820.780.910.820.90.940.760.850.960.620.90.330.790.930.760.990.370.480.870.52
Click cells to compare fundamentals

Cronos Account Relationship Matchups

Cronos fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9B1.4B1.2B1.1B1.2B848.6M
Other Current Liab183.3M37.1M18.5M16.5M40K38K
Total Current Liabilities206.8M54.4M68.1M41.4M49.7M73.5M
Total Stockholder Equity1.7B1.3B1.1B1.1B1.1B767.5M
Net Debt(1.1B)(877.2M)(760.8M)(666.7M)(600.1M)(630.1M)
Retained Earnings1.1B659.4M490.7M416.7M457.7M384.4M
Accounts Payable19.3M11.1M11.2M12.1M17.0M10.6M
Cash1.1B887.0M764.6M669.3M858.8M503.5M
Non Current Assets Total553.5M318.0M252.9M206.8M230.1M213.5M
Cash And Short Term Investments1.3B1.0B877.7M861.5M990.8M557.5M
Common Stock Shares Outstanding342.8M351.6M370.4M381.0M382.5M248.8M
Liabilities And Stockholders Equity1.9B1.4B1.2B1.1B1.3B809.1M
Non Current Liabilities Total10.7M9.1M3.9M2.6M5.6M4.7M
Other Current Assets12.3M9.0M13.6M5.4M6.3M6.3M
Other Stockholder Equity34.6M32.5M42.7M48.4M55.7M58.5M
Total Liab217.5M63.5M72.0M44.0M55.3M78.1M
Total Current Assets1.4B1.1B960.2M933.3M936.1M635.1M
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 Net197.4M83.0M62.8M60.8M134.6M89.1M
Non Currrent Assets Other87.7M100K72.5M45K51.8K49.2K
Other Assets64.4M87.7M80.7M193K222.0K210.9K
Net Receivables26.0M33.3M31.3M35.9M15.5M16.7M
Good Will179.5M1.1M1.0M1.1M63.5M46.6M
Inventory44.0M32.8M37.6M30.5M33.1M24.4M
Long Term Investments19.2M135.2M89.7M54.7M2.8M2.7M
Property Plant And Equipment Gross197.4M83.0M207.2M200.6M268.0M281.4M
Accumulated Other Comprehensive Income43.0M49.9M(797K)20.7M23.8M15.9M
Short Term Debt1.3M2.7M1.3M994K894.6K849.9K
Intangible Assets69.7M18.1M26.7M21.1M11.1M10.6M
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 Capital1.7B1.3B1.1B1.1B1.1B1.1B
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.