Cronos FCF yield
What is the FCF yield of Cronos?
The FCF yield of Cronos Group, Inc. is -7.79%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield 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 fcf yield similar to Cronos
- Oak Street Health has FCF yield of -7.81%
- Kwan Yong Ltd has FCF yield of -7.81%
- Valeo Pharma Inc has FCF yield of -7.81%
- Strategic Metals has FCF yield of -7.80%
- Autoliv has FCF yield of -7.80%
- Fremont Petroleum has FCF yield of -7.80%
- Cronos has FCF yield of -7.79%
- Franchise has FCF yield of -7.79%
- Firstwave Cloud Technology has FCF yield of -7.79%
- Nimy Resources Ltd has FCF yield of -7.79%
- Nano One Materials has FCF yield of -7.79%
- Air T has FCF yield of -7.78%
- Inuvo Inc has FCF yield of -7.78%