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Cronos Group Inc   (CRON)
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Cronos Group Inc 's Quick Ratio

CRON's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Quick Ratio fell to 28.33 above Cronos Group Inc average.

Within Legal Cannabis industry Cronos Group Inc booked the highest Quick Ratio than Cronos Group Inc in the third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 75 to 80.

Explain Quick Ratio?
How much Cash & cash equivalents CRON´s has?
What are CRON´s Current Liabilities?


CRON Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -17.84 % -27.56 % -26.74 % 29.27 % -45.88 %
Y / Y Cash & cash equivalent Change -5.53 % -11 % -14.78 % -12.63 % -14.52 %
Quick Ratio MRQ 28.33 31.43 29.98 13.14 24.64
CRON's Total Ranking # 80 # 75 # 97 # 95 # 114
Seq. Current Liabilities Change 10.78 % -4.1 % -58.23 % 85.16 % -2.32 %
Seq. Cash & cash equivalent Change -0.16 % 0.54 % -4.7 % -1.24 % -5.94 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Legal Cannabis Industry # 0
Consumer Non Cyclical Sector # 1
Overall Market # 80


Quick Ratio Statistics
High Average Low
31.43 13.38 0.72
(Jun 30 2023)   (Dec 31 2018)




Financial Statements
Cronos Group Inc 's Current Liabilities $ 30 Millions Visit CRON's Balance sheet
Cronos Group Inc 's Cash & cash equivalent $ 840 Millions Visit CRON's Balance sheet
Source of CRON's Sales Visit CRON's Sales by Geography


Cumulative Cronos Group Inc 's Quick Ratio

CRON's Quick Ratio for the trailling 12 Months

CRON Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -17.84 % -27.56 % -26.74 % 29.27 % -45.88 %
Y / Y Cash & cash equivalent TTM Growth -5.53 % -11 % -14.78 % -12.63 % -14.52 %
Quick Ratio TTM 22.47 21.87 21.16 20.76 23.47
Total Ranking TTM # 27 # 25 # 2784 # 2298 # 91
Seq. Current Liabilities TTM Growth 10.78 % -4.1 % -58.23 % 85.16 % -2.32 %
Seq. Cash & cash equivalent TTM Growth -0.16 % 0.54 % -4.7 % -1.24 % -5.94 %


On the trailing twelve months basis Current Liabilities decreased faster than Cronos Group Inc 's average Cash & cash equivalent, this led to increase in in Cronos Group Inc 's Quick Ratio to 22.47, above CRON average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Legal Cannabis industry CRON achieved the highest Quick Ratio. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 25 to 27.

Explain Quick Ratio?
How much Cash & cash equivalents CRON´s has?
What are CRON´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Legal Cannabis Industry # 0
Consumer Non Cyclical Sector # 0
Within the Market # 27


trailing twelve months Quick Ratio Statistics
High Average Low
22.24 11.54 0.72
(Sep 30 2022)   (Dec 31 2018)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Legal Cannabis Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Cronos Group Inc   28.33 $ 839.561  Millions$ 29.635  Millions
Mind Medicine mindmed Inc   6.67 $ 117.699  Millions$ 17.643  Millions

Date modified: 2023-11-09T19:54:16+00:00



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