CGCCanopy Growth Corporation
Is it safe?
Caution warranted: heavy debt (BB) and big price swings.
Net cash, but unprofitable, speculative. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -100% · now 56% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can CGC take a bad year?
Canopy Growth Corporation holds $96M more cash than debt, and is burning $21M a quarter, about 4.0 years of cover.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Cash runway
- 4.0 years
Cash runway · burning $21M a quarter at the current rate
- Annualised volatility
- 98%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ1 2027
- $240M
- Cash and short-term investments
- $337M
- Net cash
- $96M
- EBITDA, trailing twelve months
- −$142M
- Operating profit, trailing twelve months
- −$161M
- Debt / equity
- 0.35×
- Annualised volatilitytwo years of daily moves
- 98%
- Worst drawdown on file
- −100%
- Below its 52-week high
- 56%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Drug Manufacturers, Specialty & Generic
Ranks #29 of 41 by RyuScore