Cronos Return On Asset vs. Net Income
| CRON Stock | CAD 2.92 0.01 0.34% |
For Cronos profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cronos to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cronos Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cronos's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cronos Group over time as well as its relative position and ranking within its peers.
Cronos |
Cronos Group Net Income vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cronos's current stock value. Our valuation model uses many indicators to compare Cronos value to that of its competitors to determine the firm's financial worth. Cronos Group is rated second in return on asset category among its peers. It also is rated second in net income category among its peers . Cronos reported last year Net Loss of (73.96 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value Cronos by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cronos' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Cronos Net Income vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Cronos |
| = | -0.0373 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Cronos |
| = | (74.55 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Cronos Net Income Comparison
Cronos is currently under evaluation in net income category among its peers.
Cronos Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cronos, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cronos will eventually generate negative long term returns. The profitability progress is the general direction of Cronos' change in net profit over the period of time. It can combine multiple indicators of Cronos, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 20.7 M | 15.9 M | |
| Operating Income | -84.8 M | -80.6 M | |
| Income Before Tax | -73.7 M | -70 M | |
| Net Loss | -74.6 M | -70.8 M | |
| Net Loss | -70.4 M | -66.9 M | |
| Total Other Income Expense Net | 11.1 M | 10.6 M | |
| Net Loss | -151.9 M | -144.3 M | |
| Income Tax Expense | -3.2 M | -3.4 M | |
| Net Interest Income | 51.2 M | 53.8 M | |
| Interest Income | 51.2 M | 48.7 M | |
| Change To Netincome | 41.4 M | 43.5 M | |
| Net Loss | (0.19) | (0.18) | |
| Income Quality | 0.57 | 0.29 | |
| Net Income Per E B T | 1.00 | 1.32 |
Cronos Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cronos. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cronos position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cronos' important profitability drivers and their relationship over time.
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To fully project Cronos' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cronos Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cronos' income statement, its balance sheet, and the statement of cash flows.