Cronos Selling And Marketing Expenses vs Research Development 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 Selling And Marketing Expenses and its Research Development 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.
Selling And Marketing Expenses vs Research Development
Selling And Marketing Expenses vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cronos Group Selling And Marketing Expenses account and Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cronos' Selling And Marketing Expenses and Research Development is 0.93. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Research Development in the same time period over historical financial statements of Cronos Group, assuming nothing else is changed. The correlation between historical values of Cronos' Selling And Marketing Expenses and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Cronos Group are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Selling And Marketing Expenses i.e., Cronos' Selling And Marketing Expenses and Research Development go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling And Marketing Expenses
Research Development
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
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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 | 1.3B | 809.1M | |
Other Current Liab | 183.3M | 37.1M | 18.5M | 16.5M | 19.0M | 18.0M | |
Total Current Liabilities | 206.8M | 54.4M | 68.1M | 41.4M | 47.6M | 75.2M | |
Total Stockholder Equity | 1.7B | 1.3B | 1.1B | 1.1B | 1.3B | 730.8M | |
Net Debt | (1.1B) | (877.2M) | (760.8M) | (666.7M) | (600.1M) | (630.1M) | |
Retained Earnings | 1.1B | 659.4M | 490.7M | 416.7M | 479.2M | 373.6M | |
Accounts Payable | 19.3M | 11.1M | 11.2M | 12.1M | 13.9M | 9.9M | |
Cash | 1.1B | 887.0M | 764.6M | 669.3M | 769.7M | 463.4M | |
Non Current Assets Total | 553.5M | 318.0M | 252.9M | 206.8M | 237.8M | 209.9M | |
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 | 438.1M | 233.2M | |
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 | 2.9M | 4.5M | |
Other Current Assets | 12.3M | 9.0M | 13.6M | 5.4M | 6.2M | 6.2M | |
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 | 50.6M | 79.6M | |
Total Current Assets | 1.4B | 1.1B | 960.2M | 933.3M | 1.1B | 599.3M | |
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 | 69.9M | 83.2M | |
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 | 41.3M | 43.3M | |
Good Will | 179.5M | 1.1M | 1.0M | 1.1M | 1.2M | 1.2M | |
Inventory | 44.0M | 32.8M | 37.6M | 30.5M | 35.1M | 23.1M | |
Long Term Investments | 19.2M | 135.2M | 89.7M | 54.7M | 62.9M | 35.9M | |
Property Plant And Equipment Gross | 197.4M | 83.0M | 207.2M | 200.6M | 230.7M | 242.2M | |
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 | 24.2M | 26.0M | |
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 | 1.3B | 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.