Cronos Ret. on equity
What is the Ret. on equity of Cronos?
The Ret. on equity of Cronos Group, Inc. is -5.29%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Health Care sector on TSX compared to Cronos
What does Cronos do?
Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones and Happy Dance brands in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under two adult-use brands, COVE and Spinach. The company also exports dried cannabis and cannabis oils to Germany, Israel, and Australia. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.
Companies with ret. on equity similar to Cronos
- Cohen & Steers Quality Income Realty Fund has Ret. on equity of -5.31%
- Colorado Resources has Ret. on equity of -5.31%
- Horizonte Minerals Plc has Ret. on equity of -5.30%
- China Trends has Ret. on equity of -5.30%
- CIL Nova Petrochemicals has Ret. on equity of -5.30%
- PBM Polytex has Ret. on equity of -5.29%
- Cronos has Ret. on equity of -5.29%
- S&T has Ret. on equity of -5.29%
- California Software has Ret. on equity of -5.29%
- Pioneer Diversified High Income Fund Inc has Ret. on equity of -5.29%
- Anglo American Plc has Ret. on equity of -5.28%
- GBM Resources has Ret. on equity of -5.27%
- RiverFort Global Opportunities plc has Ret. on equity of -5.26%