Cannabis Global Inc. Asset Turnover Ratio (CBGL), as of third quarter 2022, current and historic results, rankings and more - CSIMarket
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Cannabis Global Inc.  (CBGL)
 

Cannabis Global Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Cannabis Global's asset turnover ratio, the ratio that measures the ability of Cannabis Global's assets to generate revenue, sequentially decreased to 0.2 in the third quarter (May 31 2022), but it does not raise any concerns as Cannabis Global continue to execute well, and the asset turnover ratio remains above the average.

Within sector 30 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Third Quarter 2022 compared to the preceding quarter from 2849 to 2851.

Asset Turnover Ratio Definition



CBGL Asset Turnover Ratio (May 31 2022)
III. Quarter
(Feb 28 2022)
II. Quarter
(Nov 30 2021)
I. Quarter
(Aug 31 2021)
IV. Quarter
(May 31 2021)
III. Quarter
Y / Y Asset Change 29.28 % 27.08 % 262.13 % 387.66 % 1327.52 %
Y / Y Revenue Change -15.75 % 2330.24 % 12473.11 % - 4662.03 %
Asset Turnover Ratio (TTM) 0.2 0.22 0.19 0.17 0.13
CBGL's Total Ranking # 2851 # 2849 # 87 # 1224 #
Seq. Asset Change -1.58 % 31.5 % 1.6 % -1.68 % -3.26 %
Seq. Revenue Change 26.3 % 10.15 % -9.62 % -32.99 % 3543.09 %



Asset Turnover Ratio Company Ranking
Within: No.
Biotechnology & Pharmaceuticals Industry # 31
Healthcare Sector # 405
Overall Market # 2851

Asset Turnover Ratio Statistics
High Average Low
0.27 0.19 0.01
(May 31 2022)   (Feb 28 2021)







Companies with similar Asset Turnover Ratio for the quarter ending May 31 2022, within Healthcare Sector Asset Turnover Ratio Revenues for 12 Months ending May 31 2022 Assets at quarter ending May 31 2022
Steris Plc  0.48 $ 3,170.448  Millions$ 6,566.875  Millions
Bio techne Corp  0.48 $ 1,105.599  Millions$ 2,292.433  Millions
Baxter International Inc   0.48 $ 14,193.000  Millions$ 29,468.750  Millions
Novocure Limited  0.48 $ 545.232  Millions$ 1,143.208  Millions
Seagen Inc   0.48 $ 1,777.872  Millions$ 3,736.130  Millions
10x Genomics Inc   0.47 $ 469.062  Millions$ 993.248  Millions
Sangui Biotech International Inc  0.47 $ 0.069  Millions$ 0.147  Millions
Inotiv Inc   0.47 $ 427.267  Millions$ 908.236  Millions
Amarin Corp Plcuk  0.47 $ 475.599  Millions$ 1,012.704  Millions
La Jolla Pharmaceutical Company  0.47 $ 46.492  Millions$ 99.317  Millions
Steris Plc  0.47 $ 4,773.133  Millions$ 10,234.630  Millions
Catalent Inc   0.47 $ 4,802.000  Millions$ 10,304.000  Millions
Avanos Medical Inc   0.46 $ 777.900  Millions$ 1,677.950  Millions
Genedx Holdings Corp   0.46 $ 302.305  Millions$ 652.100  Millions
Stablecoin Development Corporation  0.46 $ 9.547  Millions$ 20.639  Millions
Bioventus Inc   0.46 $ 495.660  Millions$ 1,071.641  Millions
Enovis Corp  0.46 $ 3,407.649  Millions$ 7,368.756  Millions
Maravai Lifesciences Holdings Inc   0.46 $ 920.279  Millions$ 2,006.997  Millions
Neuronetics Inc   0.45 $ 61.086  Millions$ 134.297  Millions
Immucell Corporation  0.45 $ 20.455  Millions$ 45.345  Millions
Dentsply Sirona Inc   0.45 $ 4,100.000  Millions$ 9,162.000  Millions
Alerislife Inc   0.45 $ 751.138  Millions$ 1,679.897  Millions
American Shared Hospital Services  0.45 $ 19.867  Millions$ 44.589  Millions
Bristol myers Squibb Company  0.45 $ 47,144.000  Millions$ 105,899.500  Millions
Cytosorbents Corporation  0.45 $ 37.730  Millions$ 84.766  Millions
Livanova Plc  0.44 $ 1,017.605  Millions$ 2,289.372  Millions
Intuitive Surgical Inc   0.44 $ 5,963.800  Millions$ 13,468.300  Millions
Biogen Inc   0.44 $ 10,633.600  Millions$ 24,094.950  Millions
Conformis inc   0.44 $ 60.523  Millions$ 137.239  Millions
Vanda Pharmaceuticals Inc   0.44 $ 262.696  Millions$ 596.555  Millions



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