RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Cronos Group ROA 2024

Cronos Group ROA

-0.06

Cronos Group Dividend yield

Ticker

CRON.TO

ISIN

CA22717L1013

WKN

A2DMQY

In 2024, Cronos Group's return on assets (ROA) was -0.06, a -53.36% increase from the -0.14 ROA in the previous year.

Cronos Group Aktienanalyse

What does Cronos Group do?

Cronos Group Inc is a Canadian company specializing in the production and distribution of medical and recreational cannabis. It was founded in 2013 and is headquartered in Toronto, Canada. Cronos Group Inc is one of the leading cannabis producers in Canada and has also made a name for itself in the international market. History Cronos Group Inc started as a medical cannabis startup focused on the cultivation and production of high-quality cannabis products for the medical market. In 2016, the company was listed on the Toronto Stock Exchange and raised 40 million Canadian dollars through a capital increase. In 2018, it received a $1.8 billion investment from Altria Group Inc, one of the world's largest tobacco companies. This investment helped Cronos grow and establish itself in the global cannabis market. Business model Cronos Group Inc has a diversified business model focusing on the production, processing, and marketing of cannabis products. The company specializes in the cultivation and production of high-quality cannabis products suitable for both the medical and recreational markets. Cronos Group Inc also produces cannabis oils, vaporizer pens, and other smoke-free products. The various subsidiaries Cronos Group Inc consists of several subsidiary companies focusing on different aspects of the cannabis industry. Some of the key subsidiaries of Cronos Group Inc are: 1. Peace Naturals - This company specializes in the cultivation of medical cannabis and also produces cannabis oils and vaporizable products. 2. Original BC - Original BC is a leading provider of recreational cannabis, offering a wide range of cannabis products. 3. Sublime Culture - Sublime Culture specializes in the production of cannabis extracts and the development of novel cannabis products like THC-infused gummy bears. Products Cronos Group Inc offers a wide range of cannabis products suitable for both the medical and recreational markets. Some of the key products of Cronos Group Inc include: 1. Cannabis oils - The company produces a wide range of cannabis oils suitable for medical and recreational use. 2. Vaporizer pens - Cronos Group Inc also produces vaporizable products for smoke-free consumption of cannabis products. 3. Edibles - The company also offers a range of novel cannabis products like THC-infused gummy bears, contributing to the growth of the market. Conclusion Cronos Group Inc is one of the leading cannabis companies worldwide specializing in the production and distribution of medical and recreational cannabis. The company has made a name for itself with its wide range of cannabis products and has grown and established itself in the international market through the investment from Altria Group Inc. Cronos Group Inc has implemented a diversified business model, offering medical cannabis, recreational cannabis, and novel cannabis products to grow in the increasing demand and provide its customers with a wide range of offerings. Cronos Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Cronos Group's Return on Assets (ROA)

Cronos Group'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 Cronos Group'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 Cronos Group'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 Cronos Group’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 Cronos Group Stock

What is the Return on Assets (ROA) of Cronos Group this year?

The Return on Assets (ROA) of Cronos Group is -0.06 undefined this year.

What was the ROA of Cronos Group compared to the previous year?

The ROA of Cronos Group has increased by -53.36% compared to the previous year.

What consequences do high ROA have for investors of Cronos Group?

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

What are the consequences of low ROA for investors in Cronos Group?

A low ROA can be unfavorable for investors of Cronos Group 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 Cronos Group affect the company?

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

How does a reduction in ROA of Cronos Group impact the company?

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

What are some factors that can influence the ROA of Cronos Group?

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

Why is the ROA of Cronos Group important for investors?

The ROA of Cronos Group 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 Cronos Group take to improve ROA?

To improve ROA, Cronos Group 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 Cronos Group pay?

Over the past 12 months, Cronos Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cronos Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Cronos Group?

The current dividend yield of Cronos Group is .

When does Cronos Group pay dividends?

Cronos Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Cronos Group?

Cronos Group paid dividends every year for the past 0 years.

What is the dividend of Cronos Group?

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

In which sector is Cronos Group located?

Cronos Group is assigned to the 'Health' sector.

Wann musste ich die Aktien von Cronos Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cronos Group from 5/23/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/23/2024.

When did Cronos Group pay the last dividend?

The last dividend was paid out on 5/23/2024.

What was the dividend of Cronos Group in the year 2023?

In the year 2023, Cronos Group distributed 0 USD as dividends.

In which currency does Cronos Group pay out the dividend?

The dividends of Cronos Group are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Cronos Group stock can be added to a savings plan with the following providers: Trade Republic and Scalable Capital

Andere Kennzahlen von Cronos Group

Our stock analysis for Cronos Group 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 Cronos Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.