Cronos Operating Income from 2010 to 2026
| CRON Stock | USD 2.70 0.03 1.12% |
Operating Income | First Reported 2013-12-31 | Previous Quarter -5.3 M | Current Value -503 K | Quarterly Volatility 35.6 M |
Check Cronos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cronos' main balance sheet or income statement drivers, such as Interest Expense of 14.2 K, Selling General Administrative of 47.8 M or Selling And Marketing Expenses of 19.7 M, as well as many indicators such as Price To Sales Ratio of 10.27, Dividend Yield of 0.0 or PTB Ratio of 1.13. Cronos financial statements analysis is a perfect complement when working with Cronos Valuation or Volatility modules.
Cronos | Operating Income | Build AI portfolio with Cronos Stock |
Evaluating Cronos's Operating Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Cronos Group's fundamental strength.
Latest Cronos' Operating Income Growth Pattern
Below is the plot of the Operating Income of Cronos Group over the last few years. Operating Income is the amount of profit realized from Cronos Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cronos Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Cronos' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cronos' overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Cronos Operating Income Regression Statistics
| Arithmetic Mean | (65,376,328) | |
| Geometric Mean | 11,635,628 | |
| Coefficient Of Variation | (132.54) | |
| Mean Deviation | 65,366,398 | |
| Median | (20,445,000) | |
| Standard Deviation | 86,649,195 | |
| Sample Variance | 7508.1T | |
| Range | 292.5M | |
| R-Value | (0.55) | |
| Mean Square Error | 5621.3T | |
| R-Squared | 0.30 | |
| Significance | 0.02 | |
| Slope | (9,368,487) | |
| Total Sum of Squares | 120129.3T |
Cronos Operating Income History
Other Fundumenentals of Cronos Group
Cronos Operating Income component correlations
Click cells to compare fundamentals
About Cronos Financial Statements
Cronos investors utilize fundamental indicators, such as Operating Income, to predict how Cronos Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | -68.9 M | -72.3 M | |
| Non Operating Income Net Other | 177.5 M | 235.9 M |
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.Moving against Cronos Stock
| 0.53 | KG | Kestrel Group Symbol Change | PairCorr |
| 0.49 | HCM | HUTCHMED China | PairCorr |
| 0.4 | NXS | Next Science Earnings Call This Week | PairCorr |
| 0.39 | AMG | Amgen Inc | PairCorr |
| 0.36 | ELVN | Enliven Therapeutics | PairCorr |
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.Check out the analysis of Cronos Correlation against competitors. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Will Pharmaceuticals sector continue expanding? Could Cronos diversify its offerings? Factors like these will boost the valuation of Cronos. Projected growth potential of Cronos fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Cronos data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 2.388 | Earnings Share 0.11 | Revenue Per Share | Quarterly Revenue Growth 0.061 | Return On Assets |
Investors evaluate Cronos Group using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Cronos' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Cronos' market price to deviate significantly from intrinsic value.
It's important to distinguish between Cronos' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cronos should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Cronos' market price signifies the transaction level at which participants voluntarily complete trades.