Tangible Shareholders Equity (Quarterly)

Tangible Shareholders Equity: The value shareholders equity less intangible assets.

Verano Holdings Corp. (VRNO) had Tangible Shareholders Equity of $-47.29M for the most recently reported fiscal quarter, ending 2025-09-30.

Quarterly Annual

Figures for fiscal quarter ending 2025-09-30

Income Statement Financials
Revenue	$202.81M
Net Income	$-43.83M
Cost of Goods Sold	$107.57M
Gross Profit	$95.24M
Operating Expenses	$193.53M
Operating Income	$9.28M
Non-Operating Income/Expense	$-24.67M
Pre-Tax Income	$-15.39M
Normalized Pre-Tax Income	$-14.77M
Income after Taxes	$-43.83M
Income from Continuous Operations	$-43.83M
Consolidated Net Income/Loss	$-43.83M
Normalized Income after Taxes	$-44.36M
EBIT	$9.28M
EBITDA	$43.83M
Weighted-Average Shares Outstanding (Basic)	361.79M
Weighted-Average Shares Outstanding (Diluted)	361.79M
Earnings per Share (EPS) (Basic)	$-0.12
Earnings per Share (EPS) (Diluted)	$-0.12
Balance Sheet Financials
Current Assets	$385.43M
Property, Plant, and Equipment	$499.80M
Long-Term Assets	$1.54B
Total Assets	$1.93B
Current Liabilities	$143.41M
Long-Term Debt	$490.77M
Long-Term Liabilities	$897.85M
Total Liabilities	$1.04B
Common Equity	$884.09M
Tangible Shareholders Equity	$-47.29M
Shareholders Equity	$884.09M
Common Shares Outstanding	361.82M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$39.04M
Cash Flow from Investing Activities	$-22.63M
Cash Flow from Financial Activities	$-21.58M
Beginning Cash	$87.80M
End Cash	$82.62M
Increase/Decrease in Cash	$-5.17M
Stock-Based Compensation	$9.16M
Common Stock Dividends Paid	$-4.67M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.69
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.36
Debt to Equity Ratio	0.57
Gross Margin	46.96%
Operating Margin	4.57%
EBIT Margin	4.57%
EBITDA Margin	--
Pre-Tax Profit Margin	-7.59%
Profit Margin	-21.61%
Free Cash Flow	$7.33M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.11
Inventory Turnover	0.49
Receiveable Turnover	6.25
Days Sales in Receivables	14.40
Return on Equity	-4.96%
Return on Tangible Equity	92.70%
Return on Assets	-2.28%
Return on Investments	-3.19%
Book Value Per Share	$2.44
Free Cash Flow per Share	$0.02
Operating Cash Flow per Share	$0.11

Data from Zacks Investment Research, Inc.