What is the ROE (Return on Equity) of Canopy Growth this year?
The ROE of Canopy Growth this year is -1.31 undefined.
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'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.
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.
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.
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.
The ROE of Canopy Growth this year is -1.31 undefined.
The ROE of Canopy Growth has increased by 1,436.62% increased compared to the previous year.
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.
A low ROE can indicate that Canopy Growth is having difficulties monetizing its investments successfully and can be a negative signal for investors.
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.
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
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.
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.
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.
The current dividend yield of Canopy Growth is .
Canopy Growth pays a quarterly dividend. This is distributed in the months of .
Canopy Growth paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.
Canopy Growth is assigned to the 'Health' sector.
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.
The last dividend was paid out on 11/17/2024.
In the year 2023, Canopy Growth distributed 0 CAD as dividends.
The dividends of Canopy Growth are distributed in CAD.
The Canopy Growth stock can be added to a savings plan with the following providers: Trade Republic and Scalable Capital
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.