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Canopy Growth Debt-to-Equity

: 0.11 (As of Dec. 2019)
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Canopy Growth's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $16.4 Mil. Canopy Growth's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $407.1 Mil. Canopy Growth's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $3,991.5 Mil. Canopy Growth's debt to equity for the quarter that ended in Dec. 2019 was 0.11.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

NYSE:CGC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.04   Max: 0.56
Current: 0.11

0
0.56

During the past 9 years, the highest Debt-to-Equity Ratio of Canopy Growth was 0.56. The lowest was 0.00. And the median was 0.04.

NYSE:CGC's Debt-to-Equity is ranked higher than
65% of the 853 Companies
in the Drug Manufacturers industry.

( Industry Median: 0.24 vs. NYSE:CGC: 0.11 )

Canopy Growth Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Canopy Growth Annual Data
Jul10 Jul11 Jul12 Jul13 Dec14 Mar16 Mar17 Mar18 Mar19
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.03 0.02 0.01 0.14

Canopy Growth Quarterly Data
Dec14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.14 0.14 0.11 0.11

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Canopy Growth Debt-to-Equity Distribution

* The bar in red indicates where Canopy Growth's Debt-to-Equity falls into.



Canopy Growth Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Canopy Growth's Debt to Equity Ratio for the fiscal year that ended in Mar. 2019 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(77.567870765089 + 629.91474085708) / 5199.0374691497
=0.14

Canopy Growth's Debt to Equity Ratio for the quarter that ended in Dec. 2019 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(16.441643253094 + 407.09772951629) / 3991.4716379376
=0.11

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Canopy Growth  (NYSE:CGC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Canopy Growth Debt-to-Equity Related Terms

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