Return on Tangible Equity (Annual)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Canopy Growth Corporation (CGC) had Return on Tangible Equity of -136.94% for the most recently reported fiscal year, ending 2024-03-31.

Quarterly Annual

Figures for fiscal year ending 2024-03-31

Income Statement Financials
Revenue	$220.27M
Net Income	$-487.23M
Cost of Goods Sold	$160.32M
Gross Profit	$59.96M
Operating Expenses	$389.82M
Operating Income	$-169.55M
Non-Operating Income/Expense	$-179.87M
Pre-Tax Income	$-349.42M
Normalized Pre-Tax Income	$-349.42M
Income after Taxes	$-358.55M
Income from Continuous Operations	$-358.55M
Consolidated Net Income/Loss	$-500.97M
Normalized Income after Taxes	$-358.55M
EBIT	$-169.55M
EBITDA	$-130.13M
Weighted-Average Shares Outstanding (Basic)	74.79M
Weighted-Average Shares Outstanding (Diluted)	74.79M
Earnings per Share (EPS) (Basic)	$-6.51
Earnings per Share (EPS) (Diluted)	$-6.51
Balance Sheet Financials
Current Assets	$275.16M
Property, Plant, and Equipment	$237.29M
Long-Term Assets	$688.78M
Total Assets	$963.93M
Current Liabilities	$173.99M
Long-Term Debt	$365.68M
Long-Term Liabilities	$418.91M
Total Liabilities	$592.91M
Common Equity	$371.03M
Tangible Shareholders Equity	$261.84M
Shareholders Equity	$371.03M
Common Shares Outstanding	91.12M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-209.01M
Cash Flow from Investing Activities	$179.09M
Cash Flow from Financial Activities	$-344.75M
Beginning Cash	$501.87M
End Cash	$126.24M
Increase/Decrease in Cash	$-375.62M
Stock-Based Compensation	$10.51M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.58
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.50
Debt to Equity Ratio	1.19
Gross Margin	27.22%
Operating Margin	-76.97%
EBIT Margin	-76.97%
EBITDA Margin	-59.07%
Pre-Tax Profit Margin	-158.63%
Profit Margin	-221.19%
Free Cash Flow	$-97.37M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.23
Inventory Turnover	2.80
Receiveable Turnover	5.73
Days Sales in Receivables	63.69
Return on Equity	-96.64%
Return on Tangible Equity	-136.94%
Return on Assets	-37.20%
Return on Investments	-48.67%
Book Value Per Share	$4.07
Free Cash Flow per Share	$-1.30
Operating Cash Flow per Share	$-2.79

Data from Zacks Investment Research, Inc.