Canopy Ev To Free Cash Flow vs Free Cash Flow Yield Analysis

CGC Stock

USD 3.90 0.04 1.02%

Canopy Growth financial indicator trend analysis is way more than just evaluating Canopy Growth Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canopy Growth Corp is a good investment. Please check the relationship between Canopy Growth Ev To Free Cash Flow and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canopy Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Ev To Free Cash Flow vs Free Cash Flow Yield

Ev To Free Cash Flow vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canopy Growth Corp Ev To Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Canopy Growth's Ev To Free Cash Flow and Free Cash Flow Yield is -0.26. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Canopy Growth Corp, assuming nothing else is changed. The correlation between historical values of Canopy Growth's Ev To Free Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Canopy Growth Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Free Cash Flow i.e., Canopy Growth's Ev To Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Canopy Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canopy Growth Corp 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 Canopy Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

At present, Canopy Growth's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.

	2020	2021	2022	2023 (projected)
Cost Of Revenue	479.7M	713.4M	507.0M	216.3M
Research Development	57.6M	32.3M	21.7M	4.6M

Cost Of Revenue Research Development

Canopy Growth fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Accounts Payable	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Common Stock	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Intangible Assets	Other Liab	Net Tangible Assets	Other Assets
Total Assets		0.76	0.63	0.97	-0.4	-0.4	0.95	0.94	0.66	0.92	0.61	0.79	0.86	0.96	0.93	0.96	0.85	0.8	0.75	0.92	0.96	-0.3	0.96	0.69	0.89	0.87
Other Current Liab	0.76		0.89	0.64	0.0	-0.75	0.66	0.59	0.45	0.5	0.74	0.9	0.86	0.65	0.62	0.88	0.64	0.74	0.87	0.81	0.8	-0.3	0.77	0.64	0.47	0.55
Total Current Liabilities	0.63	0.89		0.53	-0.04	-0.74	0.65	0.57	0.4	0.47	0.88	0.82	0.71	0.6	0.58	0.8	0.43	0.52	0.82	0.62	0.6	-0.21	0.67	0.32	0.44	0.43
Total Stockholder Equity	0.97	0.64	0.53		-0.56	-0.24	0.97	0.96	0.76	0.93	0.48	0.68	0.72	0.97	0.98	0.89	0.83	0.66	0.64	0.88	0.91	-0.26	0.96	0.58	0.97	0.94
Net Debt	-0.4	0.0	-0.04	-0.56		-0.46	-0.58	-0.57	-0.75	-0.56	0.17	0.06	0.08	-0.55	-0.66	-0.26	-0.52	0.17	0.11	-0.24	-0.21	0.16	-0.5	-0.1	-0.73	-0.64
Retained Earnings	-0.4	-0.75	-0.74	-0.24	-0.46		-0.27	-0.22	0.0	-0.16	-0.75	-0.87	-0.68	-0.27	-0.23	-0.62	-0.16	-0.57	-0.9	-0.44	-0.47	-0.01	-0.37	-0.28	-0.05	-0.11
Cash	0.95	0.66	0.65	0.97	-0.58	-0.27		0.99	0.74	0.96	0.6	0.68	0.72	0.99	0.97	0.91	0.83	0.63	0.65	0.82	0.85	-0.27	0.94	0.55	0.96	0.87
Cash And Short Term Investments	0.94	0.59	0.57	0.96	-0.57	-0.22	0.99		0.69	0.99	0.56	0.64	0.71	1.0	0.95	0.88	0.83	0.66	0.61	0.81	0.84	-0.26	0.91	0.57	0.96	0.85
Common Stock Shares Outstanding	0.66	0.45	0.4	0.76	-0.75	0.0	0.74	0.69		0.61	0.13	0.39	0.27	0.69	0.84	0.6	0.67	0.22	0.34	0.69	0.6	0.05	0.79	0.31	0.81	0.83
Short Term Investments	0.92	0.5	0.47	0.93	-0.56	-0.16	0.96	0.99	0.61		0.51	0.58	0.69	0.98	0.91	0.83	0.83	0.66	0.56	0.75	0.8	-0.27	0.86	0.59	0.93	0.8
Other Current Assets	0.61	0.74	0.88	0.48	0.17	-0.75	0.6	0.56	0.13	0.51		0.79	0.78	0.59	0.47	0.76	0.33	0.65	0.83	0.51	0.57	-0.18	0.56	0.32	0.36	0.3
Other Stockholder Equity	0.79	0.9	0.82	0.68	0.06	-0.87	0.68	0.64	0.39	0.58	0.79		0.88	0.69	0.66	0.91	0.55	0.76	0.99	0.79	0.82	-0.15	0.76	0.52	0.52	0.57
Total Liab	0.86	0.86	0.71	0.72	0.08	-0.68	0.72	0.71	0.27	0.69	0.78	0.88		0.75	0.63	0.91	0.71	0.95	0.86	0.81	0.89	-0.32	0.76	0.79	0.54	0.53
Total Current Assets	0.96	0.65	0.6	0.97	-0.55	-0.27	0.99	1.0	0.69	0.98	0.59	0.69	0.75		0.96	0.91	0.85	0.69	0.66	0.83	0.87	-0.28	0.94	0.6	0.95	0.86
Accounts Payable	0.93	0.62	0.58	0.98	-0.66	-0.23	0.97	0.95	0.84	0.91	0.47	0.66	0.63	0.96		0.87	0.81	0.55	0.62	0.83	0.84	-0.21	0.95	0.49	0.98	0.94
Net Receivables	0.96	0.88	0.8	0.89	-0.26	-0.62	0.91	0.88	0.6	0.83	0.76	0.91	0.91	0.91	0.87		0.79	0.81	0.89	0.89	0.93	-0.27	0.93	0.66	0.79	0.77
Common Stock Total Equity	0.85	0.64	0.43	0.83	-0.52	-0.16	0.83	0.83	0.67	0.83	0.33	0.55	0.71	0.85	0.81	0.79		0.69	0.49	0.81	0.8	-0.28	0.84	0.88	0.78	0.7
Non Current Liabilities Total	0.8	0.74	0.52	0.66	0.17	-0.57	0.63	0.66	0.22	0.66	0.65	0.76	0.95	0.69	0.55	0.81	0.69		0.75	0.82	0.87	-0.22	0.67	0.82	0.48	0.47
Common Stock	0.75	0.87	0.82	0.64	0.11	-0.9	0.65	0.61	0.34	0.56	0.83	0.99	0.86	0.66	0.62	0.89	0.49	0.75		0.73	0.77	-0.1	0.72	0.47	0.48	0.5
Property Plant And Equipment Net	0.92	0.81	0.62	0.88	-0.24	-0.44	0.82	0.81	0.69	0.75	0.51	0.79	0.81	0.83	0.83	0.89	0.81	0.82	0.73		0.97	-0.18	0.89	0.7	0.76	0.82
Non Current Assets Total	0.96	0.8	0.6	0.91	-0.21	-0.47	0.85	0.84	0.6	0.8	0.57	0.82	0.89	0.87	0.84	0.93	0.8	0.87	0.77	0.97		-0.24	0.91	0.73	0.78	0.83
Non Currrent Assets Other	-0.3	-0.3	-0.21	-0.26	0.16	-0.01	-0.27	-0.26	0.05	-0.27	-0.18	-0.15	-0.32	-0.28	-0.21	-0.27	-0.28	-0.22	-0.1	-0.18	-0.24		-0.15	-0.32	-0.23	-0.28
Intangible Assets	0.96	0.77	0.67	0.96	-0.5	-0.37	0.94	0.91	0.79	0.86	0.56	0.76	0.76	0.94	0.95	0.93	0.84	0.67	0.72	0.89	0.91	-0.15		0.62	0.9	0.88
Other Liab	0.69	0.64	0.32	0.58	-0.1	-0.28	0.55	0.57	0.31	0.59	0.32	0.52	0.79	0.6	0.49	0.66	0.88	0.82	0.47	0.7	0.73	-0.32	0.62		0.44	0.4
Net Tangible Assets	0.89	0.47	0.44	0.97	-0.73	-0.05	0.96	0.96	0.81	0.93	0.36	0.52	0.54	0.95	0.98	0.79	0.78	0.48	0.48	0.76	0.78	-0.23	0.9	0.44		0.94
Other Assets	0.87	0.55	0.43	0.94	-0.64	-0.11	0.87	0.85	0.83	0.8	0.3	0.57	0.53	0.86	0.94	0.77	0.7	0.47	0.5	0.82	0.83	-0.28	0.88	0.4	0.94

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Canopy Growth Account Relationship Matchups

Canopy Growth fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.7B	6.9B	6.8B	5.6B	2.4B	1.3B
Other Current Liab	81.4M	199.4M	151.6M	94.4M	181.0M	70.6M
Total Current Liabilities	411.7M	420.6M	284.3M	212.9M	803.8M	234.7M
Total Stockholder Equity	7.0B	4.9B	3.5B	3.6B	758.4M	500.4M
Net Debt	(677.4M)	428.3M	725.0M	629.9M	497.7M	522.6M
Retained Earnings	(777.1M)	(4.3B)	(6.1B)	(6.4B)	(9.7B)	(10.3B)
Cash	2.5B	1.3B	1.2B	776.0M	677.0M	170.3M
Cash And Short Term Investments	2.0B	2.3B	1.4B	782.6M	203.5M	193.3M
Common Stock Shares Outstanding	348.0M	37.2M	39.1M	46.4M	74.8M	94.6M
Short Term Investments	2.0B	673.3M	1.1B	595.7M	105.6M	33.2M
Liabilities And Stockholders Equity	6.9B	6.8B	5.6B	2.4B	1.3B	1.2B
Other Current Assets	79.0M	14.7M	85.5M	72.6M	139.9M	45.5M
Other Stockholder Equity	2.0B	2.6B	2.4B	2.5B	2.5B	2.6B
Total Liab	1.5B	1.7B	3.2B	2.0B	1.7B	799.8M
Total Current Assets	5.1B	2.6B	2.8B	1.7B	1.1B	371.2M
Accounts Payable	188.9M	123.4M	67.3M	64.3M	31.8M	28.7M
Net Receivables	107.0M	90.2M	92.4M	68.2M	68.5M	44.9M
Non Current Liabilities Total	1.3B	2.9B	1.8B	875.2M	565.1M	790.9M
Common Stock	6.0B	6.4B	7.2B	7.5B	7.9B	8.2B
Property Plant And Equipment Net	1.5B	1.1B	942.8M	499.5M	320.1M	592.1M
Non Current Assets Total	4.3B	4.0B	3.9B	1.4B	929.2M	882.7M
Non Currrent Assets Other	(24.5M)	(77.4M)	(6.7M)	141K	325.5M	341.8M
Intangible Assets	519.6M	476.4M	308.2M	252.7M	188.7M	104.1M
Net Tangible Assets	4.7B	2.5B	1.3B	1.5B	24.9M	23.6M
Other Assets	8.3M	25.9M	22.6M	5.0M	15.3M	1.0
Long Term Debt	842.3M	449.0M	1.6B	1.5B	750.0M	493.3M
Good Will	1.5B	2.0B	1.9B	1.9B	85.6M	43.2M
Inventory	262.1M	391.1M	368.0M	204.4M	148.9M	77.3M
Long Term Investments	475.8M	315.1M	708.3M	341.7M	568.3M	136.2M
Short Long Term Debt	103.7M	16.4M	9.8M	9.3M	556.9M	103.9M
Accumulated Other Comprehensive Income	1.7B	220.9M	(34.2M)	(42.3M)	(13.9M)	(16.1M)
Short Term Debt	103.7M	56.7M	51.9M	47.3M	585.3M	119.1M
Property Plant Equipment	1.1B	1.5B	1.1B	942.8M	18.0M	17.1M
Short Long Term Debt Total	625.8M	1.6B	1.5B	1.3B	668.0M	732.1M
Property Plant And Equipment Gross	1.5B	1.1B	1.2B	499.5M	418.3M	687.5M
Current Deferred Revenue	37.6M	41.1M	100.8M	76.0M	5.8M	5.6M
Capital Lease Obligations	40.4M	136.2M	139.2M	109.3M	70.8M	60.6M

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V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

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:

How To Invest In Canopy

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Is Canopy Stock a good investment?

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What is Canopy Growth's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canopy Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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

(5.06)

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.

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Canopy Ev To Free Cash Flow vs Free Cash Flow Yield Analysis

Ev To Free Cash Flow vs Free Cash Flow Yield

Ev To Free Cash Flow vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Ev To Free Cash Flow

Free Cash Flow Yield

Canopy Growth fundamental ratios Correlations

Canopy Growth Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canopy Growth fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash
Short Term Investments	+ 0.99	Cash And Short Term Investments
Common Stock	+ 0.99	Other Stockholder Equity
Accounts Payable	+ 0.98	Total Stockholder Equity

Common Stock	- 0.9	Retained Earnings
Other Stockholder Equity	- 0.87	Retained Earnings
Other Current Assets	- 0.75	Retained Earnings
Common Stock Shares Outstanding	- 0.75	Net Debt
Retained Earnings	- 0.75	Other Current Liab
Retained Earnings	- 0.74	Total Current Liabilities