Cronos Net Income vs Change In Cash Analysis

CRON Stock

CAD 2.74 0.02 0.72%

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 Change In Cash 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 Change In Cash

Net Income vs Change In Cash 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 Change In Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Cronos' Net Income and Change In Cash is 0.98. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash 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 Change In Cash 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 Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., Cronos' Net Income and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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.

Change In Cash

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 1st of August 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

	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		0.75	0.85	1.0	-0.99	0.98	0.93	0.99	0.97	1.0	0.9	0.87	0.92	0.26	0.86	1.0	0.41	0.81	0.98	0.85	0.88	0.59	0.76	0.83	0.77	0.89
Other Current Liab	0.75		0.97	0.71	-0.71	0.83	0.84	0.69	0.82	0.73	0.45	0.68	0.66	0.35	0.97	0.72	0.4	0.55	0.61	0.72	0.38	0.66	0.75	0.32	0.93	0.42
Total Current Liabilities	0.85	0.97		0.81	-0.82	0.9	0.92	0.8	0.9	0.83	0.59	0.75	0.78	0.23	1.0	0.82	0.39	0.64	0.73	0.8	0.58	0.67	0.73	0.45	0.95	0.6
Total Stockholder Equity	1.0	0.71	0.81		-0.99	0.97	0.91	0.99	0.96	1.0	0.91	0.87	0.92	0.28	0.82	1.0	0.4	0.82	0.99	0.83	0.89	0.58	0.75	0.86	0.73	0.91
Net Debt	-0.99	-0.71	-0.82	-0.99		-0.98	-0.91	-0.99	-0.95	-0.99	-0.89	-0.85	-0.92	-0.25	-0.83	-0.99	-0.35	-0.79	-0.97	-0.8	-0.9	-0.57	-0.75	-0.85	-0.73	-0.91
Retained Earnings	0.98	0.83	0.9	0.97	-0.98		0.93	0.97	0.98	0.98	0.81	0.88	0.89	0.27	0.91	0.97	0.38	0.77	0.93	0.83	0.8	0.63	0.83	0.74	0.85	0.82
Accounts Payable	0.93	0.84	0.92	0.91	-0.91	0.93		0.92	0.91	0.93	0.79	0.81	0.84	0.13	0.93	0.92	0.36	0.72	0.88	0.82	0.77	0.61	0.66	0.62	0.87	0.78
Cash	0.99	0.69	0.8	0.99	-0.99	0.97	0.92		0.94	1.0	0.91	0.85	0.91	0.2	0.81	1.0	0.35	0.8	0.99	0.82	0.9	0.54	0.73	0.84	0.73	0.91
Non Current Assets Total	0.97	0.82	0.9	0.96	-0.95	0.98	0.91	0.94		0.95	0.84	0.92	0.92	0.28	0.91	0.95	0.55	0.85	0.92	0.92	0.78	0.67	0.82	0.74	0.84	0.82
Cash And Short Term Investments	1.0	0.73	0.83	1.0	-0.99	0.98	0.93	1.0	0.95		0.89	0.85	0.91	0.26	0.84	1.0	0.35	0.79	0.98	0.81	0.89	0.57	0.74	0.84	0.75	0.9
Common Stock Shares Outstanding	0.9	0.45	0.59	0.91	-0.89	0.81	0.79	0.91	0.84	0.89		0.81	0.89	0.2	0.61	0.9	0.5	0.86	0.94	0.79	0.91	0.49	0.53	0.91	0.49	0.94
Non Current Liabilities Total	0.87	0.68	0.75	0.87	-0.85	0.88	0.81	0.85	0.92	0.85	0.81		0.85	0.17	0.76	0.85	0.67	0.87	0.84	0.87	0.71	0.64	0.85	0.68	0.72	0.76
Other Current Assets	0.92	0.66	0.78	0.92	-0.92	0.89	0.84	0.91	0.92	0.91	0.89	0.85		0.33	0.79	0.91	0.54	0.83	0.9	0.82	0.81	0.75	0.66	0.81	0.65	0.85
Other Stockholder Equity	0.26	0.35	0.23	0.28	-0.25	0.27	0.13	0.2	0.28	0.26	0.2	0.17	0.33		0.23	0.26	0.29	0.18	0.22	0.06	-0.03	0.43	0.39	0.41	0.06	-0.01
Total Liab	0.86	0.97	1.0	0.82	-0.83	0.91	0.93	0.81	0.91	0.84	0.61	0.76	0.79	0.23		0.83	0.41	0.66	0.74	0.81	0.59	0.68	0.74	0.47	0.95	0.62
Total Current Assets	1.0	0.72	0.82	1.0	-0.99	0.97	0.92	1.0	0.95	1.0	0.9	0.85	0.91	0.26	0.83		0.36	0.79	0.99	0.81	0.89	0.56	0.73	0.85	0.74	0.9
Short Long Term Debt Total	0.41	0.4	0.39	0.4	-0.35	0.38	0.36	0.35	0.55	0.35	0.5	0.67	0.54	0.29	0.41	0.36		0.72	0.37	0.69	0.2	0.45	0.5	0.33	0.31	0.33
Other Liab	0.81	0.55	0.64	0.82	-0.79	0.77	0.72	0.8	0.85	0.79	0.86	0.87	0.83	0.18	0.66	0.79	0.72		0.81	0.86	0.73	0.49	0.66	0.72	0.57	0.79
Net Tangible Assets	0.98	0.61	0.73	0.99	-0.97	0.93	0.88	0.99	0.92	0.98	0.94	0.84	0.9	0.22	0.74	0.99	0.37	0.81		0.81	0.92	0.5	0.69	0.88	0.65	0.93
Property Plant And Equipment Net	0.85	0.72	0.8	0.83	-0.8	0.83	0.82	0.82	0.92	0.81	0.79	0.87	0.82	0.06	0.81	0.81	0.69	0.86	0.81		0.69	0.58	0.67	0.58	0.8	0.76
Current Deferred Revenue	0.88	0.38	0.58	0.89	-0.9	0.8	0.77	0.9	0.78	0.89	0.91	0.71	0.81	-0.03	0.59	0.89	0.2	0.73	0.92	0.69		0.34	0.46	0.87	0.5	0.99
Non Currrent Assets Other	0.59	0.66	0.67	0.58	-0.57	0.63	0.61	0.54	0.67	0.57	0.49	0.64	0.75	0.43	0.68	0.56	0.45	0.49	0.5	0.58	0.34		0.5	0.39	0.63	0.37
Other Assets	0.76	0.75	0.73	0.75	-0.75	0.83	0.66	0.73	0.82	0.74	0.53	0.85	0.66	0.39	0.74	0.73	0.5	0.66	0.69	0.67	0.46	0.5		0.53	0.7	0.5
Net Receivables	0.83	0.32	0.45	0.86	-0.85	0.74	0.62	0.84	0.74	0.84	0.91	0.68	0.81	0.41	0.47	0.85	0.33	0.72	0.88	0.58	0.87	0.39	0.53		0.3	0.87
Good Will	0.77	0.93	0.95	0.73	-0.73	0.85	0.87	0.73	0.84	0.75	0.49	0.72	0.65	0.06	0.95	0.74	0.31	0.57	0.65	0.8	0.5	0.63	0.7	0.3		0.52
Common Stock Total Equity	0.89	0.42	0.6	0.91	-0.91	0.82	0.78	0.91	0.82	0.9	0.94	0.76	0.85	-0.01	0.62	0.9	0.33	0.79	0.93	0.76	0.99	0.37	0.5	0.87	0.52

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Cronos Account Relationship Matchups

Cronos fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.9B	1.4B	1.2B	1.1B	1.2B	848.6M
Other Current Liab	183.3M	37.1M	18.5M	16.5M	40K	38K
Total Current Liabilities	206.8M	54.4M	68.1M	41.4M	49.7M	73.5M
Total Stockholder Equity	1.7B	1.3B	1.1B	1.1B	1.1B	767.5M
Net Debt	(1.1B)	(877.2M)	(760.8M)	(666.7M)	(600.1M)	(630.1M)
Retained Earnings	1.1B	659.4M	490.7M	416.7M	457.7M	384.4M
Accounts Payable	19.3M	11.1M	11.2M	12.1M	17.0M	10.6M
Cash	1.1B	887.0M	764.6M	669.3M	858.8M	503.5M
Non Current Assets Total	553.5M	318.0M	252.9M	206.8M	230.1M	213.5M
Cash And Short Term Investments	1.3B	1.0B	877.7M	861.5M	858.8M	589.8M
Common Stock Shares Outstanding	342.8M	351.6M	370.4M	381.0M	382.5M	248.8M
Liabilities And Stockholders Equity	1.9B	1.4B	1.2B	1.1B	1.2B	848.6M
Non Current Liabilities Total	10.7M	9.1M	3.9M	2.6M	5.6M	4.7M
Other Current Assets	12.3M	9.0M	13.6M	5.4M	6.3M	6.3M
Other Stockholder Equity	34.6M	32.5M	42.7M	48.4M	(63.5M)	(60.3M)
Total Liab	217.5M	63.5M	72.0M	44.0M	55.3M	78.1M
Total Current Assets	1.4B	1.1B	960.2M	933.3M	936.1M	635.1M
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	134.6M	89.1M
Non Currrent Assets Other	87.7M	100K	72.5M	45K	51.8K	49.2K
Other Assets	87.7M	80.7M	193K	226K	2.6M	2.4M
Net Receivables	26.0M	33.3M	31.3M	35.9M	15.5M	16.7M
Good Will	179.5M	1.1M	1.0M	1.1M	63.5M	46.6M
Inventory	44.0M	32.8M	37.6M	30.5M	33.1M	24.4M
Long Term Investments	19.2M	135.2M	89.7M	54.7M	2.8M	2.7M
Property Plant And Equipment Gross	197.4M	83.0M	207.2M	200.6M	268.0M	281.4M
Accumulated Other Comprehensive Income	43.0M	49.9M	(797K)	20.7M	23.8M	15.9M
Short Term Debt	427K	1.3M	2.7M	1.3M	994K	0.0
Intangible Assets	69.7M	18.1M	26.7M	21.1M	11.1M	10.6M
Common Stock	569.3M	595.5M	611.3M	613.7M	669.9M	390.0M
Property Plant Equipment	197.4M	83.0M	62.8M	60.8M	134.6M	89.3M
Capital Surpluse	23.2M	34.6M	32.5M	42.7M	49.1M	51.5M
Cash And Equivalents	1.1B	887.0M	764.6M	669.3M	858.8M	671.1M
Net Invested Capital	1.7B	1.3B	1.1B	1.1B	1.1B	1.1B

Pair Trading with Cronos

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cronos position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cronos will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Cronos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cronos when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cronos - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cronos Group to buy it.

The correlation of Cronos is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cronos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cronos Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cronos can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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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Is Cronos Stock a good investment?

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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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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 Change In Cash Analysis

Net Income vs Change In Cash

Net Income vs Change In Cash Correlation Analysis

Correlation Coefficient

Net Income

Change In Cash

Cronos fundamental ratios Correlations

Cronos Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cronos fundamental ratios Accounts

Pair Trading with Cronos

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 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 And Short Term Investments	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity

Total Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Debt	- 0.99	Total Stockholder Equity
Net Debt	- 0.99	Total Assets
Retained Earnings	- 0.98	Net Debt