Verano Holdings Corp (VRNO) - Total Assets
Based on the latest financial reports, Verano Holdings Corp (VRNO) holds total assets worth CA$1.70 Billion CAD (≈ $1.23 Billion USD) as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Verano Holdings Corp (VRNO) stock price for real-time trading data and today's change.
Verano Holdings Corp - Total Assets Trend (2020–2025)
This chart illustrates how Verano Holdings Corp's total assets have evolved over time, based on quarterly financial data. Also see Verano Holdings Corp cash flow conversion for how efficiently the company converts equity into cash flow.
Verano Holdings Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Verano Holdings Corp's total assets of CA$1.70 Billion consist of 23.2% current assets and 76.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 4.8% |
| Accounts Receivable | CA$30.93 Million | 1.8% |
| Inventory | CA$229.97 Million | 13.2% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$579.09 Million | 33.3% |
| Goodwill | CA$161.01 Million | 9.2% |
Asset Composition Trend (2020–2025)
This chart illustrates how Verano Holdings Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore VRNO current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Verano Holdings Corp's current assets represent 23.2% of total assets in 2025, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2025, down from 42.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 42.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 33.3% of total assets.
Verano Holdings Corp Competitors by Total Assets
Key competitors of Verano Holdings Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sandoz Group AG
SW:SDZ
|
Switzerland | CHF22.86 Billion |
|
Viatris Inc
NASDAQ:VTRS
|
USA | $35.04 Billion |
|
Walvax BioTech
SHE:300142
|
China | CN¥11.13 Billion |
|
Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt
F:RIG2
|
Germany | €1.60 Trillion |
|
Hubei Jumpcan Pharmaceutical Co Ltd
SHG:600566
|
China | CN¥17.84 Billion |
|
Shan Dong Dong-E E-Jiao Co Ltd
SHE:000423
|
China | CN¥12.75 Billion |
|
Livzon Pharmaceutical Group Inc
SHE:000513
|
China | CN¥24.19 Billion |
|
Zhejiang Huahai Pharmaceutical Co Ltd
SHG:600521
|
China | CN¥22.22 Billion |
Verano Holdings Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.70 | 2.51 | 0.92 |
| Quick Ratio | 1.66 | 1.06 | 0.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$294.92 Million | CA$223.52 Million | CA$-29.39 Million |
Verano Holdings Corp - Advanced Valuation Insights
This section examines the relationship between Verano Holdings Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.59 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | -12.4% |
| Total Assets | CA$1.74 Billion |
| Market Capitalization | $457.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values Verano Holdings Corp's assets below their book value (0.26x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Verano Holdings Corp's assets decreased by 12.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Verano Holdings Corp (2020–2025)
The table below shows the annual total assets of Verano Holdings Corp from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.74 Billion ≈ $1.26 Billion |
-12.44% |
| 2024-12-31 | CA$1.99 Billion ≈ $1.44 Billion |
-14.22% |
| 2023-12-31 | CA$2.32 Billion ≈ $1.68 Billion |
-3.23% |
| 2022-12-31 | CA$2.40 Billion ≈ $1.73 Billion |
-5.99% |
| 2021-12-31 | CA$2.55 Billion ≈ $1.84 Billion |
+16182452.99% |
| 2020-12-31 | CA$15.75K ≈ $11.39K |
-- |
About Verano Holdings Corp
Verano Holdings Corp. engages in the cannabis business in the United States. It is involved in the cultivation, processing, wholesale, and retail distribution of cannabis. The company also designs, builds, and operates cannabis dispensaries. It sells its products under the Encore, Avexia, MÜV, Savvy, Essence, BITS, HYPHEN, Swift Lifts, Verano, and Zen Leaf brand names to medical and adult use mar… Read more