Canopy Financial Statements From 2010 to 2025
| CGC Stock | USD 1.27 0.03 2.42% |
Check Canopy Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canopy Growth's main balance sheet or income statement drivers, such as , as well as many indicators such as . Canopy financial statements analysis is a perfect complement when working with Canopy Growth Valuation or Volatility modules.
Check out the analysis of Canopy Growth Correlation against competitors. Canopy Growth Corp Company Operating Margin Analysis
Canopy Growth's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Canopy Growth Operating Margin | (0.31) % |
Most of Canopy Growth's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canopy Growth Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, Canopy Growth Corp has an Operating Margin of -0.3061%. This is 99.13% lower than that of the Pharmaceuticals sector and significantly lower than that of the Health Care industry. The operating margin for all United States stocks is 94.44% lower than that of the firm.
Canopy Growth Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canopy Growth's current stock value. Our valuation model uses many indicators to compare Canopy Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canopy Growth competition to find correlations between indicators driving Canopy Growth's intrinsic value. More Info.Canopy Growth Corp is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Canopy Growth's earnings, one of the primary drivers of an investment's value.About Canopy Growth Financial Statements
Canopy Growth stakeholders use historical fundamental indicators, such as Canopy Growth's revenue or net income, to determine how well the company is positioned to perform in the future. Although Canopy Growth investors may analyze each financial statement separately, they are all interrelated. For example, changes in Canopy Growth's assets and liabilities are reflected in the revenues and expenses on Canopy Growth's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Canopy Growth Corp. Please read more on our technical analysis and fundamental analysis pages.
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in Canada, the United States, and Germany. Canopy Growth Corporation was incorporated in 2009 and is headquartered in Smiths Falls, Canada. Canopy Growth operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 3151 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Canopy Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canopy Growth's 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 Canopy Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canopy Growth Corp Stock:Check out the analysis of Canopy Growth Correlation against competitors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canopy Growth. If investors know Canopy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canopy Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Canopy Growth Corp is measured differently than its book value, which is the value of Canopy that is recorded on the company's balance sheet. Investors also form their own opinion of Canopy Growth's value that differs from its market value or its book value, called intrinsic value, which is Canopy Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canopy Growth's market value can be influenced by many factors that don't directly affect Canopy Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canopy Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canopy Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canopy Growth's 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.