Canopy Growth Corporation (CGC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 27, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2027, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CGC SEC filings page.
Canopy Growth Corporation (CGC) reported $210.4M in revenue over the twelve months to Jun 30, 2026, up 7.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2026 shows a smaller, externally funded business: sales recovered, but cost pressure and losses still outrun operating scale.
FY2026 net loss was$188.4M while operating cash flow was-$45.7M , so reported earnings were much more negative than the cash movement. However, free cash flow remained-$49.6M , indicating that non-cash accounting effects narrowed the cash impact without eliminating the business’s cash deficit.
Costs grew faster than sales: revenue increased
The balance sheet became less debt-dependent: long-term debt fell
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Canopy Growth Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Canopy Growth Corporation has an operating margin of -56.8%, meaning the company loses $57 on every $100 of revenue. This results in a profitability score of 13/100. This is down from -43.5% the prior year.
Canopy Growth Corporation's revenue grew 9.0% year-over-year to $204.0M, a solid pace of expansion. This earns a growth score of 19/100.
Canopy Growth Corporation carries a low D/E ratio of 0.31, meaning only $0.31 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 69/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.34, Canopy Growth Corporation holds $3.34 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 82/100.
Canopy Growth Corporation's operations used $45.7M of cash, and capex of $3.8M added to the outflow, for a free cash flow shortfall of $49.6M. This results in a cash flow score of 5/100.
Canopy Growth Corporation posts a -37.7% return on equity (ROE), meaning it loses $38 for every $100 of shareholders' equity. This results in a returns score of 17/100. This is up from -106.3% the prior year.
Canopy Growth Corporation scores -13.19, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $8.0B against total assets of $801.8M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Canopy Growth Corporation passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
Canopy Growth Corporation reported a net loss of $188.4M while operations used $45.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Canopy Growth Corporation reported an operating loss of $115.9M against $27.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Canopy Growth Corporation generated $57.1M in revenue in Q1 2027. This represents an increase of 7.9% from the same quarter a year earlier. Against the prior quarter it is up 11.9%.
Canopy Growth Corporation's EBITDA was -$8.5M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Canopy Growth Corporation reported a net loss of $10.3M in Q1 2027. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Canopy Growth Corporation recorded an outflow of $18.1M in free cash flow in Q1 2027, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Canopy Growth Corporation held $237.0M in cash against $148.8M in long-term debt as of Q1 2027.
Not reported for Q1 2027.
Margins & Returns
Canopy Growth Corporation's gross margin was 27.4% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is up 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 15.8 percentage points.
Canopy Growth Corporation's operating margin was -27.2% in Q1 2027, reflecting core business profitability. This is up 4.1 percentage points from the same quarter a year earlier.
Canopy Growth Corporation's net profit margin was -18.0% in Q1 2027, showing the share of revenue converted to profit. This is up 44.2 percentage points from the same quarter a year earlier.
Canopy Growth Corporation's quarterly ROE was -2.1% in Q1 2027: one quarter's net income over shareholder equity, not annualized. This is up 7.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 20.1 percentage points.
Capital Allocation
Canopy Growth Corporation invested $519K in capex in Q1 2027, funding long-term assets and infrastructure. This represents a decrease of 45.9% from the same quarter a year earlier. Against the prior quarter it is down 27.6%.
Not reported for Q1 2027.
Not reported for Q1 2027.
CGC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-K | Q2'2610-K | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $57.1M+7.9% | $51.1M+12.9% | $54.4M+4.7% | $47.9M+2.7% | $53.0M+9.5% | $45.2M-15.9% | $51.9M-12.7% | $46.6M-9.3% |
| Cost of Revenue | $41.5M+4.4% | $45.1M+19.1% | $38.7M+10.0% | $32.2M+5.6% | $39.7M+25.9% | $37.9M-10.5% | $35.2M-7.6% | $30.5M-10.7% |
| Gross Profit | $15.7M+18.2% | $5.9M-19.3% | $15.7M-6.5% | $15.7M-2.7% | $13.2M-21.3% | $7.3M-35.8% | $16.7M-21.7% | $16.2M-6.6% |
| SG&A Expenses | $28.3M+1.2% | $29.5M+10.3% | $32.4M+12.5% | $26.1M-15.6% | $28.0M-20.2% | $26.7M-33.7% | $28.8M-30.1% | $30.9M-27.4% |
| Operating Income | -$15.6Mn/m | -$68.7Mn/m | -$19.2Mn/m | -$12.1Mn/m | -$16.6Mn/m | -$12.7Mn/m | -$16.5Mn/m | -$34.0Mn/m |
| EBITDA | -$8.5Mn/m | -$62.5Mn/m | -$12.7Mn/m | -$5.5Mn/m | -$9.5Mn/m | -$4.7Mn/m | -$9.4Mn/m | -$26.4M-746.4% |
| Interest Expense | $8.9M+24.8% | $8.8M-17.5% | $5.4M-54.0% | $6.3M-59.9% | $7.2M-53.7% | $10.7M-31.4% | $11.6M-37.6% | $15.7M-22.2% |
| Income Tax | -$91K-142.5% | -$609K-366.2% | $268K+22.3% | $154K-31.3% | $214K-95.3% | $229Kn/m | $219Kn/m | $224K-97.6% |
| Net Income | -$10.3Mn/m | -$110.9Mn/m | -$42.6Mn/m | -$3.6Mn/m | -$32.9Mn/m | -$136.3Mn/m | -$68.1Mn/m | -$80.6Mn/m |
| EPS (Basic) | -$0.02 | -$0.34 | -$0.12 | -$0.01 | -$0.18 | -$0.93 | -$0.62n/m | -$0.93 |
| EPS (Diluted) | -$0.02 | -$0.34 | -$0.12 | -$0.01 | -$0.18 | -$0.93 | -$0.62n/m | -$0.93 |
| Diluted Shares (Avg) | 422M | N/A | 346M | 274M | 188M | N/A | 110M+33.0% | 87M |
Not reported in any period shown, so not listed: R&D Expenses.
CGC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-K | Q2'2610-K | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $777.1M+17.0% | $801.8M+25.6% | $806.7M-0.2% | $768.2M-15.8% | $664.2M-29.3% | $638.2M-33.5% | $808.5M-21.5% | $912.1M-26.0% |
| Current Assets | $356.5M+60.0% | $379.5M+85.2% | $382.6M+61.5% | $320.1M+10.4% | $222.7M-14.8% | $204.9M-25.3% | $236.9M-21.3% | $289.9M-20.5% |
| Cash & Equivalents | $237.0M+155.8% | $261.4M+230.2% | $270.8M+140.8% | $214.0M+26.6% | $92.7M-34.0% | $79.2M-37.1% | $112.4M+4.0% | $169.1M-4.8% |
| Short-Term Investments | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $12.8M+533.0% | $12.3M-49.9% | $11.4M-65.3% | $2.1M-90.6% |
| Inventory | $75.6M+9.8% | $79.2M+18.2% | $77.0M+22.1% | $73.5M+10.2% | $68.9M+11.5% | $67.0M+17.4% | $63.0M-4.3% | $66.7M+3.2% |
| Accounts Receivable | $22.9M-34.9% | $22.4M-32.2% | $21.2M-31.4% | $17.6M-34.8% | $35.2M+10.7% | $33.0M-0.4% | $30.8M-20.1% | $27.0M-32.9% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $39.2M+12.7% | $39.9M+24.6% | $34.7M+13.2% | $34.6M+5.1% | $34.8M+9.8% | $32.0M+0.3% | $30.6M-52.6% | $33.0M-46.8% |
| Total Liabilities | $292.4M-6.9% | $301.8M-1.2% | $261.9M-37.8% | $250.7M-55.9% | $314.0M-47.5% | $305.4M-54.0% | $421.0M-32.6% | $568.5M-18.1% |
| Current Liabilities | $117.4M+44.5% | $113.6M+58.4% | $79.7M-12.0% | $69.2M-71.4% | $81.2M-52.2% | $71.7M-71.0% | $90.6M-48.2% | $241.8M+50.9% |
| Non-Current Liabilities | $175.0M-24.8% | $188.3M-19.5% | $182.1M-44.9% | $181.5M-44.5% | $232.8M-45.7% | $233.7M-44.0% | $330.4M-26.5% | $326.7M-38.8% |
| Long-Term Debt | $148.8M-29.9% | $155.6M-25.4% | $164.1M-46.1% | $162.5M-47.2% | $212.2M-48.0% | $208.5M-42.8% | $304.4M-22.8% | $307.8M-34.0% |
| Total Equity | $484.8M+38.4% | $500.0M+50.2% | $544.9M+40.6% | $517.5M+50.6% | $350.2M+2.6% | $332.8M+12.5% | $387.5M-4.4% | $343.7M-36.2% |
| Retained Earnings | -$7.9Bn/m | -$8.0Bn/m | -$8.0Bn/m | -$7.8Bn/m | -$8.0Bn/m | -$7.6Bn/m | -$7.4Bn/m | -$7.8Bn/m |
CGC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-K | Q2'2610-K | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$17.6Mn/m | -$13.1Mn/m | -$12.6Mn/m | -$12.9Mn/m | -$7.6Mn/m | -$23.1Mn/m | -$18.7Mn/m | -$39.9Mn/m |
| Depreciation & Amortization | $7.1M-0.5% | $6.2M-22.2% | $6.5M-9.3% | $6.6M-13.0% | $7.1M-11.9% | $8.0M-4.4% | $7.2M-22.7% | $7.6M-17.6% |
| Stock-Based Compensation | $957Kn/m | N/A | $648K-81.9% | $1.4M-62.7% | -$73K-102.4% | N/A | $3.6M+28.1% | $3.9M+92.5% |
| Capital Expenditures | $519K-45.9% | $717K-66.6% | $1.3M+55.7% | $880K-54.1% | $959K-66.5% | $2.1M+1068.2% | $844K+97.5% | $1.9M+275.9% |
| Free Cash Flow | -$18.1Mn/m | -$13.8Mn/m | -$13.9Mn/m | -$13.8Mn/m | -$8.5Mn/m | -$25.2Mn/m | -$19.6Mn/m | -$41.8Mn/m |
| Investing Cash Flow | -$519Kn/m | -$30.6Mn/m | $3.8Mn/m | $12.0M+1466.5% | -$518Kn/m | -$696K-102.4% | -$10.3Mn/m | $767K-98.3% |
| Financing Cash Flow | -$5.3M-128.1% | $33.4Mn/m | $66.6Mn/m | $121.3M+84.3% | $18.7M-75.8% | -$11.1M-277.4% | -$20.9Mn/m | $65.8Mn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
CGC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-K | Q2'2610-K | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.4%+2.4pp | 11.6%-4.6pp | 28.8%-3.4pp | 32.9%-1.8pp | 25.0%-9.8pp | 16.2%-5.0pp | 32.2%-3.7pp | 34.7%+1.0pp |
| Operating Margin | -27.2%+4.1pp | -134.4% | -35.4%-3.5pp | -25.3%+47.6pp | -31.4%+12.6pp | -28.1% | -31.9%+45.0pp | -72.9%-62.9pp |
| Net Margin | -18.0%+44.2pp | -217.2% | -78.3% | -7.5% | -62.2% | -301.3% | -131.2% | -173.0% |
| Return on Equity | -2.1%+7.3pp | -22.2%+18.8pp | -7.8%+9.8pp | -0.7%+22.8pp | -9.4%+13.3pp | -40.9%-3.9pp | -17.6%+20.9pp | -23.5%+17.9pp |
| Return on Assets | -1.3%+3.6pp | -13.8%+7.5pp | -5.3%+3.1pp | -0.5%+8.4pp | -5.0%+3.3pp | -21.3%-9.9pp | -8.4%+6.7pp | -8.8%+9.2pp |
| Current Ratio | 3.04+0.3x | 3.34+0.5x | 4.80+2.2x | 4.62+3.4x | 2.74+1.2x | 2.86+1.7x | 2.61+0.9x | 1.20-1.1x |
| Debt-to-Equity | 0.31-0.3x | 0.31-0.3x | 0.30-0.5x | 0.31-0.6x | 0.61-0.6x | 0.63-0.6x | 0.79-0.2x | 0.900.0x |
| Liabilities-to-Equity | 0.60-0.3x | 0.60-0.3x | 0.48-0.6x | 0.48-1.2x | 0.90-0.9x | 0.92-1.3x | 1.09-0.5x | 1.65+0.4x |
| Asset Turnover | 0.070.0x | 0.060.0x | 0.070.0x | 0.060.0x | 0.080.0x | 0.070.0x | 0.060.0x | 0.050.0x |
| FCF Margin | -31.7%-15.6pp | -27.0%+28.7pp | -25.5%+12.2pp | -28.8%+60.8pp | -16.1%+68.0pp | -55.7%-25.1pp | -37.7%+4.5pp | -89.6% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Canopy Growth Corporation CGC | FY2026 | $204.0M | -$188.4M | -92.4% | $289.5M | 34/100 |
| Evolus, Inc. EOLS | FY2025 | $297.2M | -$51.6M | -17.4% | $504.3M | 34/100 |
| Kamada Ltd KMDA | FY2025 | $180.5M | $20.2M | 11.2% | $461.7M | 66/100 |
| Emergent Biosolutions, Inc. EBS | FY2025 | $742.9M | $52.6M | 7.1% | $363.5M | 36/100 |
| Eton Pharmaceutcials, Inc. ETON | FY2025 | $80.0M | -$4.6M | -5.8% | $1.5B | 61/100 |
| SIGA Technologies, Inc. SIGA | FY2025 | $94.6M | $23.3M | 24.6% | $229.9M | 75/100 |
Where Canopy Growth Corporation Ranks
Frequently Asked Questions
What is Canopy Growth Corporation's annual revenue?
Canopy Growth Corporation (CGC) reported $204.0M in total revenue for fiscal year 2026. This represents a 9.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Canopy Growth Corporation's revenue growing?
Canopy Growth Corporation (CGC) revenue grew by 9.0% year-over-year, from $187.1M to $204.0M in fiscal year 2026.
Is Canopy Growth Corporation profitable?
No, Canopy Growth Corporation (CGC) reported a net loss of $167.3M over the trailing 12 months to June 30, 2026. In fiscal year 2026 it reported a net loss of $188.4M, with a net profit margin of -92.4%.
What is Canopy Growth Corporation's EBITDA?
Canopy Growth Corporation (CGC) had EBITDA of -$89.7M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Canopy Growth Corporation have?
As of fiscal year 2026, Canopy Growth Corporation (CGC) had $261.4M in cash and equivalents against $155.6M in long-term debt.
What is Canopy Growth Corporation's gross margin?
Canopy Growth Corporation (CGC) had a gross margin of 24.5% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Canopy Growth Corporation's operating margin?
Canopy Growth Corporation (CGC) had an operating margin of -56.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Canopy Growth Corporation's net profit margin?
Canopy Growth Corporation (CGC) had a net profit margin of -92.4% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Canopy Growth Corporation's return on equity (ROE)?
Canopy Growth Corporation (CGC) has a return on equity of -37.7% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Canopy Growth Corporation's free cash flow?
Canopy Growth Corporation (CGC) recorded an outflow of $49.6M in free cash flow during fiscal year 2026. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Canopy Growth Corporation's operating cash flow?
Canopy Growth Corporation (CGC) recorded an outflow of $45.7M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Canopy Growth Corporation's total assets?
Canopy Growth Corporation (CGC) had $801.8M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Canopy Growth Corporation's capital expenditures?
Canopy Growth Corporation (CGC) invested $3.8M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Canopy Growth Corporation spend on research and development?
Canopy Growth Corporation (CGC) invested $1.9M in research and development during fiscal year 2026.
What is Canopy Growth Corporation's current ratio?
Canopy Growth Corporation (CGC) had a current ratio of 3.34 as of fiscal year 2026, which is generally considered healthy.
What is Canopy Growth Corporation's debt-to-equity ratio?
Canopy Growth Corporation (CGC) had a debt-to-equity ratio of 0.31 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Canopy Growth Corporation's liabilities-to-equity ratio?
Canopy Growth Corporation (CGC) had a liabilities-to-equity ratio of 0.60 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Canopy Growth Corporation's return on assets (ROA)?
Canopy Growth Corporation (CGC) had a return on assets of -23.5% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Canopy Growth Corporation's P/E ratio?
Canopy Growth Corporation (CGC) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $289.5M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Canopy Growth Corporation's price-to-sales ratio?
Canopy Growth Corporation (CGC) trades at 1.4x sales, its market capitalization divided by $210.4M revenue, trailing 12 months to June 30, 2026. The market capitalization is $289.5M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Canopy Growth Corporation's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, Canopy Growth Corporation (CGC) held $261.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $45.7M over that year. Dividing the one by the other, the reported balance equals about 69 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Canopy Growth Corporation's Altman Z-Score?
Canopy Growth Corporation (CGC) has an Altman Z-Score of -13.19, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Canopy Growth Corporation's Piotroski F-Score?
Canopy Growth Corporation (CGC) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Canopy Growth Corporation's earnings high quality?
Canopy Growth Corporation (CGC) reported a net loss of $188.4M while operations used $45.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Canopy Growth Corporation cover its interest payments?
Canopy Growth Corporation (CGC) reported an operating loss of $115.9M against $27.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Canopy Growth Corporation?
Canopy Growth Corporation (CGC) scores 34 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.