Canopy Interest Expense from 2010 to 2024

CGC Stock  USD 3.86  0.10  2.66%   
Canopy Growth's Interest Expense is increasing over the years with slightly volatile fluctuation. Interest Expense is expected to dwindle to 0.00. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2009-12-31
Previous Quarter
21.1 M
Current Value
21.3 M
Quarterly Volatility
330.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Interest Expense of 0.0, Total Revenue of 1.1 M or Gross Profit of 414.3 K, as well as many indicators such as Price To Sales Ratio of 533, Dividend Yield of 0.0 or PTB Ratio of 28.17. 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.

Latest Canopy Growth's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Canopy Growth Corp over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Canopy Growth's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canopy Growth's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Canopy Interest Expense Regression Statistics

Arithmetic Mean27,562,793
Geometric Mean0.00
Coefficient Of Variation164.64
Mean Deviation35,915,044
Median140,000
Standard Deviation45,379,240
Sample Variance2059.3T
Range126.2M
R-Value0.61
Mean Square Error1390.4T
R-Squared0.37
Significance0.02
Slope6,197,672
Total Sum of Squares28829.9T

Canopy Interest Expense History

2023105.4 M
2022126.2 M
2021103.9 M
20208.5 M
20196.7 M
201818.4 M
201744.2 M

About Canopy Growth Financial Statements

Canopy Growth stakeholders use historical fundamental indicators, such as Canopy Growth's Interest Expense, 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.
Last ReportedProjected for Next Year

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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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.
Earnings Share
(4.98)
Revenue Per Share
3.315
Quarterly Revenue Growth
(0.1)
Return On Assets
(0.04)
Return On Equity
(0.93)
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.