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Canopy Growth Stock

Canopy Growth ROA 2024

Canopy Growth ROA

-0.51

Ticker

WEED.TO

ISIN

CA1380351009

WKN

A140QA

In 2024, Canopy Growth's return on assets (ROA) was -0.51, a 813.96% increase from the -0.06 ROA in the previous year.

Canopy Growth Aktienanalyse

What does Canopy Growth do?

Canopy Growth Corp is a Canadian company that specializes in the cultivation, production, and sale of cannabis products. The company was founded in 2013 by Bruce Linton and Chuck Rifici. Over the years, Canopy Growth Corp has established itself as a leading brand in the North American market. The company's business model focuses on offering a wide range of cannabis products, both in the medical and recreational markets. Canopy Growth Corp aims to provide people around the world with high-quality cannabis products. To achieve this, the company has various divisions. An important division is the cultivation of cannabis. Canopy Growth Corp has numerous cultivation areas in Canada and other parts of the world, where cannabis is grown using advanced technologies and procedures to ensure product quality. Another crucial area is the production of cannabis products. Canopy Growth Corp offers a wide range of high-quality products, including CBD oils, hemp snacks, and vaporizable oils, among others. These products are sold under various brand names, such as Tweed, Spectrum, and Bedrocan. The company also plays a significant role in the medical market. Canopy Growth Corp offers a broad range of products to medical users, including specialized medical applications. The company works closely with medical professionals and researchers worldwide to ensure that its products meet the highest standards. Canopy Growth Corp's success is based on its continuous commitment to innovation. To maintain its position as a leading provider in the market, the company invests in research and development, constantly developing new products, improving existing ones, and introducing new cultivation methods and technologies. In recent years, Canopy Growth Corp has also expanded internationally, operating cultivation sites and distribution centers in various parts of the world. The company aims to continuously increase its market share on a global scale. In summary, Canopy Growth Corp offers a wide range of cannabis-related products and services, from cultivation and production to distribution and sales. The company has made a name for itself in the market and is known as an innovative pioneer in the industry. With its strong market position, Canopy Growth Corp is well-positioned to continue its success in the future. Canopy Growth ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Canopy Growth's Return on Assets (ROA)

Canopy Growth's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Canopy Growth's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Canopy Growth's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Canopy Growth’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Canopy Growth stock

What is the Return on Assets (ROA) of Canopy Growth this year?

The Return on Assets (ROA) of Canopy Growth is -0.51 undefined this year.

What was the ROA of Canopy Growth compared to the previous year?

The ROA of Canopy Growth has increased by 813.96% compared to the previous year.

What consequences do high ROA have for investors of Canopy Growth?

A high ROA is advantageous for investors of Canopy Growth, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Canopy Growth?

A low ROA can be unfavorable for investors of Canopy Growth as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Canopy Growth affect the company?

An increase in ROA of Canopy Growth can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Canopy Growth impact the company?

A reduction in the ROA of Canopy Growth can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Canopy Growth?

Some factors that can influence the ROA of Canopy Growth include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Canopy Growth important for investors?

The ROA of Canopy Growth is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Canopy Growth take to improve ROA?

To improve ROA, Canopy Growth can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Canopy Growth pay?

Over the past 12 months, Canopy Growth paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Canopy Growth is expected to pay a dividend of 0 CAD.

What is the dividend yield of Canopy Growth?

The current dividend yield of Canopy Growth is .

When does Canopy Growth pay dividends?

Canopy Growth pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Canopy Growth?

Canopy Growth paid dividends every year for the past 0 years.

What is the dividend of Canopy Growth?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Canopy Growth located?

Canopy Growth is assigned to the 'Health' sector.

Wann musste ich die Aktien von Canopy Growth kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canopy Growth from 11/17/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 11/17/2024.

When did Canopy Growth pay the last dividend?

The last dividend was paid out on 11/17/2024.

What was the dividend of Canopy Growth in the year 2023?

In the year 2023, Canopy Growth distributed 0 CAD as dividends.

In which currency does Canopy Growth pay out the dividend?

The dividends of Canopy Growth are distributed in CAD.

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Andere Kennzahlen von Canopy Growth

Our stock analysis for Canopy Growth Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Canopy Growth Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.