Canopy Other Operating Expenses vs Total Other Income Expense Net Analysis

CGC Stock

USD 3.86 0.10 2.66%

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 Other Operating Expenses and its Total Other Income Expense Net 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.

Other Operating Expenses vs Total Other Income Expense Net

Other Operating Expenses vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canopy Growth Corp Other Operating Expenses account and Total Other Income Expense Net. At this time, the significance of the direction appears to have no relationship.

The correlation between Canopy Growth's Other Operating Expenses and Total Other Income Expense Net is 0.06. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Other Income Expense Net 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 Other Operating Expenses and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Canopy Growth Corp are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Other Operating Expenses i.e., Canopy Growth's Other Operating Expenses and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Canopy Growth Corp. It is also known as Canopy Growth overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Other Income Expense Net

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	0.95	0.85	0.8	0.75	0.92	0.96	-0.05	0.96	0.69	0.89	0.87
Other Current Liab	0.76		0.89	0.64	0.0	-0.76	0.66	0.59	0.45	0.5	0.74	0.9	0.86	0.64	0.62	0.88	0.64	0.73	0.87	0.81	0.8	-0.19	0.76	0.64	0.47	0.54
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	-0.12	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	0.49	0.68	0.72	0.97	0.98	0.88	0.83	0.66	0.64	0.88	0.91	0.0	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	0.15	0.06	0.08	-0.55	-0.66	-0.25	-0.52	0.17	0.11	-0.24	-0.21	-0.27	-0.5	-0.1	-0.73	-0.64
Retained Earnings	-0.4	-0.76	-0.74	-0.24	-0.46		-0.27	-0.22	0.0	-0.16	-0.72	-0.87	-0.68	-0.27	-0.23	-0.64	-0.16	-0.57	-0.9	-0.44	-0.47	0.34	-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	0.61	0.68	0.72	0.99	0.97	0.9	0.83	0.63	0.65	0.82	0.85	-0.02	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	0.57	0.64	0.71	1.0	0.95	0.87	0.83	0.66	0.61	0.81	0.84	-0.04	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	0.59	0.67	0.22	0.34	0.69	0.6	0.09	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		0.52	0.58	0.69	0.98	0.91	0.83	0.83	0.66	0.56	0.75	0.8	-0.04	0.86	0.59	0.93	0.8
Other Current Assets	0.61	0.74	0.88	0.49	0.15	-0.72	0.61	0.57	0.13	0.52		0.76	0.79	0.6	0.48	0.76	0.34	0.65	0.8	0.51	0.58	-0.06	0.57	0.33	0.38	0.31
Other Stockholder Equity	0.79	0.9	0.82	0.68	0.06	-0.87	0.68	0.64	0.39	0.58	0.76		0.88	0.69	0.66	0.92	0.55	0.76	0.99	0.79	0.82	-0.28	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	0.79	0.88		0.75	0.63	0.9	0.71	0.95	0.86	0.81	0.89	-0.17	0.76	0.79	0.54	0.53
Total Current Assets	0.96	0.64	0.6	0.97	-0.55	-0.27	0.99	1.0	0.69	0.98	0.6	0.69	0.75		0.96	0.9	0.85	0.69	0.66	0.83	0.87	-0.04	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	0.48	0.66	0.63	0.96		0.87	0.81	0.55	0.62	0.83	0.84	-0.01	0.95	0.49	0.98	0.94
Net Receivables	0.95	0.88	0.8	0.88	-0.25	-0.64	0.9	0.87	0.59	0.83	0.76	0.92	0.9	0.9	0.87		0.78	0.8	0.9	0.89	0.92	-0.16	0.92	0.65	0.78	0.76
Common Stock Total Equity	0.85	0.64	0.43	0.83	-0.52	-0.16	0.83	0.83	0.67	0.83	0.34	0.55	0.71	0.85	0.81	0.78		0.69	0.49	0.81	0.8	-0.03	0.84	0.88	0.78	0.7
Non Current Liabilities Total	0.8	0.73	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	0.8	0.69		0.75	0.82	0.87	-0.26	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	0.8	0.99	0.86	0.66	0.62	0.9	0.49	0.75		0.73	0.77	-0.26	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	-0.21	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	0.58	0.82	0.89	0.87	0.84	0.92	0.8	0.87	0.77	0.97		-0.12	0.91	0.73	0.78	0.83
Non Currrent Assets Other	-0.05	-0.19	-0.12	0.0	-0.27	0.34	-0.02	-0.04	0.09	-0.04	-0.06	-0.28	-0.17	-0.04	-0.01	-0.16	-0.03	-0.26	-0.26	-0.21	-0.12		0.1	-0.11	0.03	-0.01
Intangible Assets	0.96	0.76	0.67	0.96	-0.5	-0.37	0.94	0.91	0.79	0.86	0.57	0.76	0.76	0.94	0.95	0.92	0.84	0.67	0.72	0.89	0.91	0.1		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	0.33	0.52	0.79	0.6	0.49	0.65	0.88	0.82	0.47	0.7	0.73	-0.11	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	0.38	0.52	0.54	0.95	0.98	0.78	0.78	0.48	0.48	0.76	0.78	0.03	0.9	0.44		0.94
Other Assets	0.87	0.54	0.43	0.94	-0.64	-0.11	0.87	0.85	0.83	0.8	0.31	0.57	0.53	0.86	0.94	0.76	0.7	0.47	0.5	0.82	0.83	-0.01	0.88	0.4	0.94

Click cells to compare fundamentals

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	76.4M
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	205.8M	195.5M
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	40.5M
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	33.6M
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	51.8M
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	929.1M	882.7M
Non Currrent Assets Other	(24.5M)	(77.4M)	(6.7M)	141K	(233.5M)	(221.8M)
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

Also Currently Popular

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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

Details

Is Canopy Stock a good investment?

Details

What is Canopy Growth's Net Worth?

Details

Largest Pharmaceuticals Companies

View

Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

View

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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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

(5.09)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Canopy Other Operating Expenses vs Total Other Income Expense Net Analysis

Other Operating Expenses vs Total Other Income Expense Net

Other Operating Expenses vs Total Other Income Expense Net Correlation Analysis

Correlation Coefficient

Other Operating Expenses

Total Other Income Expense Net

Canopy Growth fundamental ratios Correlations

Canopy Growth Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canopy Growth fundamental ratios Accounts

Also Currently Popular

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
Retained Earnings	- 0.76	Other Current Liab
Common Stock Shares Outstanding	- 0.75	Net Debt
Retained Earnings	- 0.74	Total Current Liabilities
Net Tangible Assets	- 0.73	Net Debt