Verano Holdings Corp Ordinary Shares - Class A (Sub Voting) (VRNO) - Cash Flow Conversion Efficiency

Latest 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 ≈ $5.73 Million USD) by net assets (CA$1.22 Billion ≈ $883.54 Million USD). 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. Read VRNO total debt and obligations for a breakdown of total debt and financial obligations.

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
Tat Techno NASDAQ:TATT	0.044x
Miwon Commerci KO:002840	0.027x
Teladan Prima Agro PT Tbk JK:TLDN	0.132x
Wilson Bayly Holmes Ovcon Ltd JSE:WBO	0.150x
VST Industries Limited NSE:VSTIND	0.055x
Zhongxing Shenyang Commercial Building Group Co Ltd SHE:000715	0.030x
Beijing Airport High-Tech Park Co Ltd SHG:600463	0.008x
Apex Healthcare Bhd KLSE:7090	0.038x

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. For the full company profile with market capitalisation and key ratios, see VRNO market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	CA$1.24 Billion ≈ $897.05 Million	CA$109.71 Million ≈ $79.36 Million	0.088x	+25.80%
2022-12-31	CA$1.34 Billion ≈ $970.46 Million	CA$94.35 Million ≈ $68.25 Million	0.070x	-43.01%
2021-12-31	CA$1.48 Billion ≈ $1.07 Billion	CA$182.87 Million ≈ $132.29 Million	0.123x	+100.04%
2020-12-31	CA$-216.50K ≈ $-156.61K	CA$71.63 Million ≈ $51.81 Million	-330.841x	--

About Verano Holdings Corp Ordinary Shares - Class A (Sub Voting)

NEO:VRNO Canada Drug Manufacturers - Specialty & Generic

Market Cap

$473.74 Million

CA$654.89 Million CAD

Market Cap Rank

#12803 Global

#366 in Canada

Share Price

CA$1.81

Change (1 day)

+3.43%

52-Week Range

CA$0.64 - CA$2.39

All Time High

CA$31.99