Canopy Growth (CGC) Long-Term Deferred Tax (2017 - 2020)
Canopy Growth's (CGC) quarterly Long-Term Deferred Tax came in at $2.9 million in Q1 2020, down 91.59% year-over-year from $35.0 million in Q2 2019, and down 91.59% quarter-over-quarter from $35.0 million in Q1 2019.
Analysis
Canopy Growth (CGC) Long-Term Deferred Tax (2017 - 2020) Analysis & Trends
Canopy Growth has disclosed Long-Term Deferred Tax across 4 years of filings, most recently posting $2.9 million for Q1 2020.
- In Q1 2020, Long-Term Deferred Tax fell 91.59% year-over-year to $2.9 million; the TTM figure through Mar 2020 stood at $2.9 million (down 91.59% YoY), while the FY2020 annual figure was $2.9 million, down 91.71% from the prior year.
- Long-Term Deferred Tax came in at $2.9 million for Q1 2020 at Canopy Growth, down from $35.0 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $35.0 million in Q1 2019 to a low of $2.9 million in Q1 2020.
- Average Long-Term Deferred Tax over 4 years is $23.4 million, with a median of $27.9 million recorded in 2017.
- Year-over-year, Long-Term Deferred Tax jumped 35.42% in 2018 and tumbled 91.59% in 2020.
- Over 4 years, Long-Term Deferred Tax stood at $23.7 million in 2017, then jumped by 35.42% to $32.0 million in 2018, then rose by 9.18% to $35.0 million in 2019, then plunged by 91.59% to $2.9 million in 2020.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $2.9 million in Q1 2020, $35.0 million in Q1 2019, and $32.0 million in Q1 2018.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 2.94 Mn |
| Mar 31, 2019 | 34.98 Mn |
| Mar 31, 2018 | 32.04 Mn |
| Mar 31, 2017 | 23.66 Mn |