Canopy Growth Balance Sheet Health
Financial Health criteria checks 4/6
Canopy Growth has a total shareholder equity of CA$489.0M and total debt of CA$295.3M, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are CA$904.7M and CA$415.7M respectively.
Key information
60.39%
Debt to equity ratio
CA$295.30m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$143.87m |
| Equity | CA$488.98m |
| Total liabilities | CA$415.70m |
| Total assets | CA$904.67m |
Recent financial health updates
Recent updates
Canopy Growth Rallies On News Of Possible Rescheduling From Trump
Aug 11Canopy Growth: Zombie Financials As Delisting Threat Looms
Apr 22Cannabis Investors Should Sell Canopy Growth
Mar 30Canopy Growth: Q3 Earnings Shows Improvement But Cannabis Sector Remains Weak
Feb 17Canopy Growth: Still A Disaster Heading Into Fiscal Q3 Results
Feb 06Crashing Canopy Growth Is Still Not A Buy
Jan 22Canopy Growth Remains Undervalued Amidst Cannabis Sector Uncertainty
Jan 11Avoid Canopy Growth
Nov 10Canopy Growth: Weak Fundamentals And Growth Acceleration Challenges
Oct 05Canopy Growth: Dilution, Executive Turnover, Cannabis Rescheduling Delay End High
Aug 27Canopy Growth: Cannabis Rally Loses Steam On Long-Term Uncertainty (Hold)
Jun 17Canopy Growth: Another Ugly Cannabis Report
Jun 03Canopy Growth Set For U.S. Cannabis Markets
Apr 26Canopy Growth Is Climbing, But It Won't Last
Mar 22Canopy Growth: Reiterate Strong Sell, Dilutive Offering Likely First Of Many To Come
Feb 06Canopy Growth: Further Implosion Is Now A Matter Of When Not If
Jan 29Avoid Canopy Growth After Failed Equity Sale
Jan 14Financial Position Analysis
Short Term Liabilities: CGC's short term assets (CA$303.4M) exceed its short term liabilities (CA$98.7M).
Long Term Liabilities: CGC's short term assets (CA$303.4M) do not cover its long term liabilities (CA$317.0M).
Debt to Equity History and Analysis
Debt Level: CGC's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: CGC's debt to equity ratio has increased from 9.5% to 60.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CGC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CGC has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 33.4% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/04 19:05 |
| End of Day Share Price | 2025/09/04 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Canopy Growth Corporation is covered by 24 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aaron Grey | Alliance Global Partners |
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| Gaurav Jain | Barclays |