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Canopy Growth (CGC)

(Delayed Data from NSDQ)

$9.03 USD

9.03
11,804,138

+1.23 (15.81%)

Updated Apr 23, 2024 04:00 PM ET

After-Market: $8.77 -0.26 (-2.88%) 7:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value A Growth D Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 41% (149 out of 252)

Industry: Medical - Products

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Balance Sheet

Research for CGC

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Canopy Growth Corporation falls in the month of March.

All items in Millions except Per Share data.

3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Assets          
Cash & Equivalents -99,999 601 1,104 1,751 1,502
Receivables NA 71 77 70 68
Notes Receivable NA 0 0 0 0
Inventories NA 113 163 279 294
Other Current Assets NA 30 42 51 64
Total Current Assets NA 815 1,386 2,151 1,928
Net Property & Equipment NA 378 752 814 1,146
Investments & Advances NA 0 0 0 50
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 207 1,691 1,666 1,828
Deposits & Other Assets NA 445 651 540 204
Total Assets NA 1,845 4,480 5,172 5,156
Liabilities & Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Notes Payable NA 0 0 0 0
Accounts Payable NA 58 51 51 93
Current Portion Long-Term Debt NA 421 7 7 12
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 57 60 76 49
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 72 51 81 162
Total Current Liabilities NA 608 170 215 316
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 13 16 35
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 567 1,190 1,192 338
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 94 211 1,003 574
Minority Interest (Liabilities) NA 0 29 103 52
Total Liabilities NA 1,270 1,612 2,529 1,315
Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 6,006 5,970 5,433 4,792
Capital Surplus NA 1,896 2,010 1,831 1,966
Retained Earnings NA -7,317 -5,082 -4,599 -3,250
Other Equity NA -9 -30 -22 333
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 575 2,868 2,642 3,840
Total Liabilities & Shareholder's Equity NA 1,845 4,480 5,172 5,156
Total Common Equity 0 575 2,868 2,642 3,840
Shares Outstanding 91.10 51.60 39.40 38.20 35.00
Book Value Per Share 0.00 11.14 72.78 69.17 109.72

Fiscal Year End for Canopy Growth Corporation falls in the month of March.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 142 207 432 601
Receivables NA 47 51 96 71
Notes Receivable NA 0 0 0 0
Inventories NA 64 65 106 113
Other Current Assets NA 39 44 24 30
Total Current Assets NA 292 368 657 815
Net Property & Equipment NA 250 258 294 378
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 15 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 150 173 199 207
Deposits & Other Assets NA 307 429 480 445
Total Assets NA 999 1,243 1,629 1,845
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 19 17 43 58
Current Portion Long-Term Debt NA 67 37 188 421
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 37 39 56 57
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 40 54 49 72
Total Current Liabilities NA 163 146 336 608
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 1 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 382 470 589 567
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 68 73 94
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 599 685 999 1,270
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 6,037 6,126 5,999 6,006
Capital Surplus NA 1,894 1,919 1,860 1,896
Retained Earnings NA -7,519 -7,469 -7,223 -7,317
Other Equity NA -12 -18 -5 -9
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 400 559 630 575
Total Liabilities & Shareholder's Equity NA 999 1,243 1,629 1,845
Total Common Equity 0 400 559 630 575
Shares Outstanding 91.10 91.00 82.90 62.60 51.60
Book Value Per Share 0.00 4.40 6.74 10.07 11.14