Cronos EBITDA margin
What is the EBITDA margin of Cronos?
The EBITDA margin of Cronos Group, Inc. is -108.52%
What is the definition of EBITDA margin?
EBITDA margin is a profitability ratio that measures how much EBITDA the company generates as a percentage of revenue.
ttm (trailing twelve months)
EBITDA margin measures how much of EBITDA is generated as a percentage of sales. It measures the company’s operating profit as a percentage of its revenue and is calculated as EBITDA (earnings before interest, taxes, depreciation, and amortization) divided by total revenue.
EBITDA margin also helps with judging the effectiveness of cost-cutting processes at the company. The higher the company’s EBITDA margin, the lower operating expenses are in respect to revenue. As a result, a higher EBITDA margin is considered more favorable. Smaller companies can have higher EBITDA margins since they are able to operate more efficiently and maximize their profitability.
EBITDA excludes interest on debt, taxes, and capital expenditures, the margin does not provide a perfectly clear estimate of the business’s cash flow generation. Furthermore, EBITDA margin is not recognized as a GAAP (generally accepted accounting principles) metric.
EBITDA margin 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 ebitda margin similar to Cronos
- China TechFaith Wireless Communication Technology has EBITDA margin of -108.89%
- China TechFaith Wireless Communication Technology has EBITDA margin of -108.89%
- CleanSpace has EBITDA margin of -108.86%
- Euro Ceramics has EBITDA margin of -108.83%
- REXLot has EBITDA margin of -108.81%
- Renaissance Oil has EBITDA margin of -108.53%
- Cronos has EBITDA margin of -108.52%
- A2Z Technologies Canada has EBITDA margin of -108.17%
- China Environmental Technology has EBITDA margin of -108.16%
- AgEagle Aerial Systems has EBITDA margin of -108.08%
- Grand Vision Media Plc has EBITDA margin of -107.97%
- Cokal has EBITDA margin of -107.90%
- Cann has EBITDA margin of -107.79%