Canopy Growth Stock

Canopy Growth ROE 2024

Canopy Growth ROE

-1.31

Ticker

WEED.TO

ISIN

CA1380351009

WKN

A140QA

In 2024, Canopy Growth's return on equity (ROE) was -1.31, a 1,436.62% increase from the -0.09 ROE 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.

ROE Details

Decoding Canopy Growth's Return on Equity (ROE)

Canopy Growth's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Canopy Growth's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Canopy Growth's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Canopy Growth’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Canopy Growth stock

What is the ROE (Return on Equity) of Canopy Growth this year?

The ROE of Canopy Growth this year is -1.31 undefined.

How has the Return on Equity (ROE) of Canopy Growth developed compared to the previous year?

The ROE of Canopy Growth has increased by 1,436.62% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Canopy Growth?

A high ROE indicates that Canopy Growth generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Canopy Growth?

A low ROE can indicate that Canopy Growth is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Canopy Growth affect the company?

A change in ROE (Return on Equity) of Canopy Growth can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Canopy Growth?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Canopy Growth?

Some factors that can influence Canopy Growth's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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.