Canopy Total Liab vs Short Long Term Debt Analysis

WEED Stock  CAD 12.52  0.01  0.08%   
Canopy Growth financial indicator trend analysis is way more than just evaluating Canopy Growth Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canopy Growth Corp is a good investment. Please check the relationship between Canopy Growth Total Liab and its Short Long Term Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Canopy Growth Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Liab vs Short Long Term Debt

Total Liab vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canopy Growth Corp Total Liab account and Short Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Canopy Growth's Total Liab and Short Long Term Debt is 0.32. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Canopy Growth Corp, assuming nothing else is changed. The correlation between historical values of Canopy Growth's Total Liab and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Canopy Growth Corp are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Liab i.e., Canopy Growth's Total Liab and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.
Most indicators from Canopy Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canopy Growth Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Canopy Growth Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
As of the 27th of May 2024, Sales General And Administrative To Revenue is likely to grow to 5.50, while Selling General Administrative is likely to drop about 5.5 M.

Canopy Growth fundamental ratios Correlations

0.810.650.98-0.43-0.620.950.90.380.90.780.70.870.960.920.590.750.870.890.820.970.940.150.790.960.96
0.810.590.73-0.03-0.680.670.70.690.60.40.790.810.690.680.820.860.780.590.690.810.890.130.490.760.88
0.650.590.57-0.13-0.80.620.550.490.470.590.340.710.630.740.570.490.870.470.610.770.680.830.450.690.68
0.980.730.57-0.57-0.460.980.920.320.920.830.60.740.970.950.530.630.770.970.70.910.870.070.890.960.92
-0.43-0.03-0.13-0.57-0.28-0.62-0.480.36-0.55-0.640.08-0.01-0.56-0.610.230.21-0.07-0.720.09-0.27-0.310.14-0.79-0.54-0.36
-0.62-0.68-0.8-0.46-0.28-0.42-0.37-0.49-0.33-0.26-0.7-0.87-0.47-0.48-0.59-0.74-0.91-0.24-0.84-0.78-0.71-0.58-0.11-0.56-0.69
0.950.670.620.98-0.62-0.420.960.330.960.90.460.721.00.970.520.590.740.970.660.890.830.170.920.940.87
0.90.70.550.92-0.48-0.370.960.510.970.870.40.680.960.90.670.670.690.930.650.830.760.140.880.860.79
0.380.690.490.320.36-0.490.330.510.310.270.290.450.340.370.960.660.50.240.430.450.390.370.210.350.39
0.90.60.470.92-0.55-0.330.960.970.310.870.410.690.970.870.510.630.650.930.670.810.740.050.870.850.76
0.780.40.590.83-0.64-0.260.90.870.270.870.110.510.890.90.390.360.610.890.520.730.580.310.850.80.62
0.70.790.340.60.08-0.70.460.40.290.410.110.790.490.420.480.770.690.390.740.720.81-0.140.230.610.81
0.870.810.710.74-0.01-0.870.720.680.450.690.510.790.770.690.630.90.940.560.950.920.910.320.410.770.87
0.960.690.630.97-0.56-0.471.00.960.340.970.890.490.770.950.540.650.780.950.720.910.850.180.880.940.87
0.920.680.740.95-0.61-0.480.970.90.370.870.90.420.690.950.540.520.790.940.610.890.830.330.90.950.87
0.590.820.570.530.23-0.590.520.670.960.510.390.480.630.540.540.80.660.430.60.640.590.320.390.540.6
0.750.860.490.630.21-0.740.590.670.660.630.360.770.90.650.520.80.770.450.880.780.790.120.30.620.74
0.870.780.870.77-0.07-0.910.740.690.50.650.610.690.940.780.790.660.770.610.90.960.870.530.490.820.88
0.890.590.470.97-0.72-0.240.970.930.240.930.890.390.560.950.940.430.450.610.530.80.740.020.960.90.8
0.820.690.610.70.09-0.840.660.650.430.670.520.740.950.720.610.60.880.90.530.890.780.270.340.680.77
0.970.810.770.91-0.27-0.780.890.830.450.810.730.720.920.910.890.640.780.960.80.890.930.330.670.920.95
0.940.890.680.87-0.31-0.710.830.760.390.740.580.810.910.850.830.590.790.870.740.780.930.170.630.920.98
0.150.130.830.070.14-0.580.170.140.370.050.31-0.140.320.180.330.320.120.530.020.270.330.170.050.210.16
0.790.490.450.89-0.79-0.110.920.880.210.870.850.230.410.880.90.390.30.490.960.340.670.630.050.840.7
0.960.760.690.96-0.54-0.560.940.860.350.850.80.610.770.940.950.540.620.820.90.680.920.920.210.840.95
0.960.880.680.92-0.36-0.690.870.790.390.760.620.810.870.870.870.60.740.880.80.770.950.980.160.70.95
Click cells to compare fundamentals

Canopy Growth Account Relationship Matchups

Canopy Growth fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.7B6.9B6.8B5.6B2.4B24.7M
Other Current Liab240.4M207.2M139.3M94.7M108.9M88.9M
Total Current Liabilities411.7M420.6M284.3M212.9M803.8M2.6M
Total Stockholder Equity7.0B4.9B3.5B3.6B809.9M20.6M
Net Debt(677.4M)428.3M725.0M629.9M724.4M760.6M
Retained Earnings(777.1M)(4.3B)(6.1B)(6.4B)(7.6B)(10.4M)
Cash2.5B1.3B1.2B776.0M462.5M5.5M
Cash And Short Term Investments2.0B2.3B1.4B782.6M900.0M964.0M
Common Stock Shares Outstanding348.0M371.7M391.3M517.3M594.9M624.6M
Short Term Investments673.3M1.1B595.7M105.6M121.4M115.4M
Liabilities And Stockholders Equity6.9B6.8B5.6B2.4B2.8B2.8B
Other Current Assets79.0M14.7M19.1M19.1M23.6M737.5K
Other Stockholder Equity(5.9M)2.6B2.4B2.5B(13.9M)1.7M
Total Liab1.5B1.7B3.2B2.0B1.6B4.1M
Total Current Assets5.1B2.6B2.8B1.7B1.1B9.8M
Accounts Payable188.9M123.4M67.3M64.3M76.2M2.3M
Non Current Liabilities Total1.3B2.9B1.8B875.2M1.0B886.9M
Common Stock6.0B6.4B7.2B7.5B7.9B28.3M
Net Tangible Assets4.7B2.5B1.3B1.5B24.9M23.6M
Long Term Debt842.3M449.0M1.6B1.5B750.0M1.5M
Net Receivables107.0M90.2M92.4M96.4M66.8M502.3K
Inventory262.1M391.1M368.0M204.4M148.9M3.0M
Short Long Term Debt103.7M16.4M9.8M9.3M556.9M1.8M
Short Term Debt103.7M56.7M9.8M9.3M0.01.8M
Intangible Assets519.6M476.4M308.2M252.7M188.7M54.6K
Property Plant Equipment1.1B1.5B1.1B942.8M499.5M14.8M
Short Long Term Debt Total946.0M625.8M1.6B1.5B1.7B1.8B
Other Liab239.1M690.2M1.3B178.8M205.7M343.6M
Property Plant And Equipment Net1.5B1.1B942.8M499.5M574.4M684.3M
Non Current Assets Total4.3B4.0B3.9B1.4B1.6B2.3B
Property Plant And Equipment Gross1.5B1.3B1.2B499.5M574.4M739.9M
Accumulated Other Comprehensive Income1.7B220.9M(34.2M)(42.3M)(48.6M)(46.2M)
Current Deferred Revenue900K37.6M41.1M100.8M115.9M121.7M
Non Currrent Assets Other22.6M5.0M15.3M19.8M17.8M16.9M
Other Assets22.6M102.5M479.5M19.8M22.8M21.6M
Good Will2.0B1.9B1.9B85.6M98.4M93.5M
Long Term Debt Total500.7M1.6B1.5B789.6M908.1M831.0M
Long Term Investments315.1M708.3M341.7M568.3M653.5M418.0M
Non Current Liabilities Other440.7M613.1M135.9M124.9M143.6M238.4M

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When determining whether Canopy Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canopy Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canopy Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canopy Growth Corp Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Canopy Growth Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Canopy Growth's price analysis, check to measure Canopy Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canopy Growth is operating at the current time. Most of Canopy Growth's value examination focuses on studying past and present price action to predict the probability of Canopy Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canopy Growth's price. Additionally, you may evaluate how the addition of Canopy Growth to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Canopy Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canopy Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canopy Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.