Canopy Growth (CGC) Restructuring Costs (2020 - 2023)
Canopy Growth (CGC) posted Restructuring Costs of $1.6 million for Q2 2023, up 100.12% sequentially from -$1.4 billion in Q1 2023, and down 99.88% YoY from $1.4 billion in Q2 2022.
Canopy Growth (CGC) Restructuring Costs (2020 - 2023) Analysis & Trends
Canopy Growth has reported Restructuring Costs for 4 years, with the latest figure at $1.6 million in Q2 2023.
- Quarterly Restructuring Costs fell 99.88% year-over-year to $1.6 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was -$1.3 billion (down 184.87% YoY) and the FY2026 annual result came in at $48.9 million, up 124.72% from the prior year.
- Restructuring Costs rose to $1.6 million in Q2 2023 per CGC's latest filing, from -$1.4 billion in the prior quarter.
- Over five years, Restructuring Costs peaked at $1.4 billion in Q2 2022 and troughed at -$1.4 billion in Q1 2023.
- A 4-year average of $55.5 million and a median of $28.9 million in 2021 frame the typical range for Restructuring Costs.
- The sharpest annual moves came in 2022 and 2023: Restructuring Costs jumped 1763.85% in 2022, then slumped 812.53% in 2023.
- Over 4 years, Restructuring Costs stood at $307.1 million in 2020, then tumbled by 90.59% to $28.9 million in 2021, then tumbled by 43.28% to $16.4 million in 2022, then tumbled by 90.19% to $1.6 million in 2023.
- According to Business Quant data, Restructuring Costs over the past three periods registered $1.6 million, -$1.4 billion, and $16.4 million for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 43.65 Bn | 42.68 Bn | - |
| 2 | Teva Pharmaceutical Industries | 43.09 Bn | 39.44 Bn | 2.15 Bn |
| 3 | Zoetis | 31.54 Bn | 29.86 Bn | 1.05 Bn |
| 4 | Takeda Pharmaceutical | 28.61 Bn | 22.81 Bn | 5.10 Bn |
| 5 | United Therapeutics | 22.11 Bn | 19.45 Bn | 683.80 Mn |
| 6 | Viatris | 18.77 Bn | 17.88 Bn | 1.46 Bn |
| 7 | Neurocrine Biosciences | 15.62 Bn | 15.23 Bn | 935.80 Mn |
| 8 | Elanco Animal Health | 12.07 Bn | 11.54 Bn | 798.00 Mn |
| 9 | Dr Reddys Laboratories | 10.09 Bn | 9.93 Bn | - |
| 10 | Canopy Growth | 431.22 Mn | 184.20 Mn | 16.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 1.61 Mn |
| Mar 31, 2023 | -1.36 Bn |
| Dec 31, 2022 | 16.40 Mn |
| Sep 30, 2022 | 1.77 Mn |
| Jun 30, 2022 | 1.35 Bn |
| Mar 31, 2022 | 190.31 Mn |
| Dec 31, 2021 | 28.91 Mn |
| Sep 30, 2021 | 1.99 Mn |
| Jun 30, 2021 | 72.61 Mn |
| Mar 31, 2021 | 59.11 Mn |
| Dec 31, 2020 | 307.15 Mn |
| Sep 30, 2020 | 34.79 Mn |
| Jun 30, 2020 | 9.23 Mn |