Verano Holdings Corp Ordinary Shares - Class A (Sub Voting)
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Virginia and West Virginia, and Pennsylvania. It offers cannabis products under the E… Read more
Verano Holdings Corp Ordinary Shares - Class A (Sub Voting) (VRNO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.006x
Based on the latest financial reports, Verano Holdings Corp Ordinary Shares - Class A (Sub Voting) (VRNO) has a cash flow conversion efficiency ratio of 0.006x as of June 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$7.92 Million) by net assets (CA$1.22 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Verano Holdings Corp Ordinary Shares - Class A (Sub Voting) - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Verano Holdings Corp Ordinary Shares - Class A (Sub Voting)'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Verano Holdings Corp Ordinary Shares - Class A (Sub Voting) Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Verano Holdings Corp Ordinary Shares - Class A (Sub Voting) ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MCLON JEWELLERY Co.Ltd.
SHE:300945
|
N/A |
|
Liuzhou Iron & Steel Co Ltd
SHG:601003
|
0.091x |
|
FREY EO 250
F:943
|
N/A |
|
Shandong Yabo Technology Co Ltd
SHE:002323
|
-0.003x |
|
ATEX Resources Inc
PINK:ECRTF
|
-0.811x |
|
PT Bank Sinarmas Tbk
F:08S
|
0.153x |
|
Shanghai Yongmaotai Automotive Technology Co. Ltd.
SHG:605208
|
-0.027x |
|
ERMENEGILDO ZEG.DL -0001
F:JN0
|
N/A |
Annual Cash Flow Conversion Efficiency for Verano Holdings Corp Ordinary Shares - Class A (Sub Voting) (2020–2023)
The table below shows the annual cash flow conversion efficiency of Verano Holdings Corp Ordinary Shares - Class A (Sub Voting) from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$1.24 Billion | CA$109.71 Million | 0.088x | +25.80% |
| 2022-12-31 | CA$1.34 Billion | CA$94.35 Million | 0.070x | -43.01% |
| 2021-12-31 | CA$1.48 Billion | CA$182.87 Million | 0.123x | +100.04% |
| 2020-12-31 | CA$-216.50K | CA$71.63 Million | -330.841x | -- |