Balance Sheet Insights: Cronos Group Inc (CRON)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Cronos Group Inc (NASDAQ: CRON) closed at $2.06 up 0.49% from its previous closing price of $2.05. In other words, the price has increased by $0.49 from its previous closing price. On the day, 0.95 million shares were traded. CRON stock price reached its highest trading level at $2.08 during the session, while it also had its lowest trading level at $2.025.

Ratios:

For a deeper understanding of Cronos Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 82.07. For the most recent quarter (mrq), Quick Ratio is recorded 27.41 and its Current Ratio is at 28.29. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Bernstein on November 02, 2022, initiated with a Mkt Perform rating and assigned the stock a target price of $3.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRON now has a Market Capitalization of 799638464 and an Enterprise Value of -62219708. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.87 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at -0.611 whereas that against EBITDA is 1.012.

Stock Price History:

Over the past 52 weeks, CRON has reached a high of $3.14, while it has fallen to a 52-week low of $1.85. The 50-Day Moving Average of the stock is -5.51%, while the 200-Day Moving Average is calculated to be -11.86%.

Shares Statistics:

For the past three months, CRON has traded an average of 925.67K shares per day and 1072560 over the past ten days. A total of 381.30M shares are outstanding, with a floating share count of 200.31M. Insiders hold about 47.60% of the company’s shares, while institutions hold 12.41% stake in the company. Shares short for CRON as of 1728950400 were 4922437 with a Short Ratio of 5.32, compared to 1726185600 on 5100840. Therefore, it implies a Short% of Shares Outstanding of 4922437 and a Short% of Float of 2.4600001.

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