Verano Holdings Corp. financial data

Symbol
VRNOF on OTC
Industry
Agricultural Production-Crops
Location
224 W Hill Street, Suite 400, Chicago, Illinois
State of incorporation
British Columbia, Canada
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 97.3 % +37.6%
Quick Ratio 40.4 % +8.65%
Debt-to-equity 82.4 % +12.4%
Return On Equity -8.82 % +54.3%
Return On Assets -4.84 % +56.6%
Operating Margin 7.9 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 342M shares
Entity Public Float 715M USD -53.4%
Weighted Average Number of Shares Outstanding, Basic 344M shares +0.76%
Weighted Average Number of Shares Outstanding, Diluted 344M shares +0.76%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 933M USD +3.15%
Operating Income (Loss) 73.7M USD -32.9%
Nonoperating Income (Expense) -58.3M USD -85.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 15.4M USD -65.1%
Income Tax Expense (Benefit) 128M USD +18.5%
Net Income (Loss) Attributable to Parent -113M USD +59.4%
Earnings Per Share, Basic -0.32 USD/shares +61.9%
Earnings Per Share, Diluted -0.32 USD/shares +61.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 194M USD +104%
Accounts Receivable, after Allowance for Credit Loss, Current 41.9M USD +130%
Inventory, Net 166M USD +8.18%
Assets, Current 419M USD +32.6%
Property, Plant and Equipment, Net 499M USD -4.58%
Operating Lease, Right-of-Use Asset 91.9M USD +10.8%
Intangible Assets, Net (Excluding Goodwill) 1.06B USD -8.17%
Goodwill 231M USD -14%
Assets 2.32B USD -2.28%
Accounts Payable, Current 28.3M USD -7.25%
Accrued Liabilities, Current 61.3M USD +61.7%
Contract with Customer, Liability, Current 6.02M USD +51.1%
Liabilities, Current 415M USD +14.2%
Contract with Customer, Liability, Noncurrent 255K USD
Deferred Income Tax Liabilities, Net 180M USD -6.78%
Operating Lease, Liability, Noncurrent 86.4M USD +11.3%
Other Liabilities, Noncurrent 3.24M USD -43.6%
Liabilities 1.08B USD +4.22%
Stockholders' Equity Attributable to Parent 1.24B USD -7.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.24B USD -7.3%
Liabilities and Equity 2.32B USD -2.28%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 31M USD +84.1%
Net Cash Provided by (Used in) Financing Activities -2.32M USD -1732%
Net Cash Provided by (Used in) Investing Activities -9.7M USD -44.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 10.3M USD -74.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 194M USD +104%
Interest Paid, Excluding Capitalized Interest, Operating Activities 15M USD -2.03%
Deferred Tax Assets, Valuation Allowance 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 18M USD +44%
Operating Lease, Liability 96.3M USD +10.9%
Depreciation 49.7M USD +12.8%
Payments to Acquire Property, Plant, and Equipment 9.7M USD +13.4%
Lessee, Operating Lease, Liability, to be Paid 143M USD +13.1%
Property, Plant and Equipment, Gross 647M USD +3.78%
Operating Lease, Liability, Current 9.89M USD +7.04%
Lessee, Operating Lease, Liability, to be Paid, Year Two 17.1M USD +17.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 18.1M USD +16.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure +12.3%
Deferred Income Tax Expense (Benefit) -14.3M USD +77.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 46.3M USD +17.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 16.4M USD +19.7%
Deferred Federal Income Tax Expense (Benefit) -14.4M USD +69.6%
Current Income Tax Expense (Benefit) 159M USD -4.9%
Unrecognized Tax Benefits 2.97M USD -48.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 15.9M USD +21.6%
Current State and Local Tax Expense (Benefit) 22M USD -39.9%
Current Federal Tax Expense (Benefit) 137M USD +4.88%
Amortization of Intangible Assets 22.8M USD -0.34%
Depreciation, Depletion and Amortization 142M USD -0.27%
Share-based Payment Arrangement, Expense 16.6M USD -42.1%
Deferred State and Local Income Tax Expense (Benefit) 108K USD