Canopy Growth Corporation (CGC) financial statements (2022 and earlier)
Company profile
| Business Address |
1 HERSHEY DRIVE SMITH FALLS, ON K7A0A8 |
| State of Incorp. | |
| Fiscal Year End | March 31 |
| SIC | 2833 - Medicinal Chemicals and Botanical Products (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 1,423 | 2,299 | |||
| Cash and cash equivalents | 615 | 1,155 | |||
| Short-term investments | 808 | 1,145 | |||
| Restricted cash and investments | 12 | 11 | |||
| Receivables | 101 | 92 | |||
| Inventory, net of allowances, customer advances and progress billings | 366 | 368 | |||
| Inventory | 366 | 368 | |||
| Prepaid expense | 31 | 28 | |||
| Other current assets | 35 | 19 | |||
| Other undisclosed current assets | 20 | 20 | |||
| Total current assets: | 1,988 | 2,838 | |||
| Noncurrent Assets | |||||
| Finance lease, right-of-use asset | 39 | ||||
| Operating lease, right-of-use asset | 48 | ||||
| Property, plant and equipment | 1,080 | 1,075 | |||
| Long-term investments and receivables | 0 | ||||
| Long-term investments | 0 | ||||
| Intangible assets, net (including goodwill) | 2,327 | 2,198 | |||
| Goodwill | 1,988 | 1,889 | |||
| Intangible assets, net (excluding goodwill) | 339 | 308 | |||
| Other noncurrent assets | 15 | 5 | |||
| Other undisclosed noncurrent assets | 898 | 621 | |||
| Total noncurrent assets: | 4,321 | 3,985 | |||
| TOTAL ASSETS: | 6,309 | 6,823 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 144 | 164 | |||
| Accounts payable | 68 | 67 | |||
| Accrued liabilities | 46 | 50 | |||
| Employee-related liabilities | 23 | 47 | |||
| Taxes payable | 8 | ||||
| Debt | 16 | 10 | |||
| Other liabilities | 80 | 106 | |||
| Other undisclosed current liabilities | 4 | ||||
| Total current liabilities: | 239 | 284 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 1,495 | 1,667 | |||
| Long-term debt, excluding current maturities | 1,495 | 1,573 | |||
| Finance lease, liability | 32 | ||||
| Operating lease, liability | 62 | ||||
| Liabilities, other than long-term debt | 223 | 129 | |||
| Deferred income tax liabilities | 27 | 21 | |||
| Other liabilities | 196 | 107 | |||
| Other undisclosed noncurrent liabilities | 140 | 1,121 | |||
| Total noncurrent liabilities: | 1,858 | 2,917 | |||
| Total liabilities: | 2,097 | 3,202 | |||
| Temporary equity, carrying amount | 69 | 135 | |||
| Stockholders' equity | |||||
| Stockholders' equity attributable to parent | 4,139 | 3,482 | |||
| Common stock | 7,479 | 7,169 | |||
| Additional paid in capital | 2,482 | 2,416 | |||
| Accumulated other comprehensive loss | (27) | (34) | |||
| Accumulated deficit | (5,796) | (6,068) | |||
| Stockholders' equity attributable to noncontrolling interest | 4 | 5 | |||
| Total stockholders' equity: | 4,143 | 3,487 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,309 | 6,823 | |||
Income statement (P&L) ($ in millions)
| 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|
| Revenues | 409 | 547 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (442) | (480) | ||
| Gross profit: | (34) | 67 | ||
| Operating expenses | (519) | (1,310) | ||
| Operating loss: | (553) | (1,243) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 811 | (388) | ||
| Interest and debt expense | (78) | (8) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 180 | (1,640) | ||
| Loss from equity method investments | (0) | (53) | ||
| Other undisclosed income from continuing operations before income taxes | 78 | 8 | ||
| Income (loss) from continuing operations before income taxes: | 258 | (1,684) | ||
| Income tax benefit | 0 | 13 | ||
| Net income (loss): | 258 | (1,671) | ||
| Net income (loss) attributable to noncontrolling interest | 14 | (74) | ||
| Net income (loss) available to common stockholders, diluted: | 272 | (1,745) | ||
Comprehensive Income ($ in millions)
| 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|
| Net income (loss): | 258 | (1,671) | ||
| Other comprehensive income (loss) | 8 | (255) | ||
| Comprehensive income (loss): | 266 | (1,926) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 14 | (74) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 280 | (2,000) | ||
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.