Aurora Cannabis Inc. (ACB) Key Metrics
ACB key metrics, FY2017–FY2026
Fiscal year ended March 31, 2026 · Canadian dollarsACB returns How much profit the business earns on the capital it uses.
ACB financial health Debt, liquidity and how easily interest is covered.
ACB efficiency & capital use Working capital cycle and where the cash goes.
ACB returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ACB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ACB key metrics in Canadian dollars
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −22.6% | 0.3% | −13.2% | −166.4% | −137.7% | −33.2% | −100.4% | −9.9% | 8.1% | −11.5% |
| Return on invested capital (ROIC) | −8.6% | 0.8% | −8.2% | −39.3% | −15.2% | −10.0% | −10.2% | −8.0% | −10.0% | −14.2% |
| Return on assets (ROA) | −16.8% | 0.2% | −7.8% | −88.2% | −95.4% | −24.6% | −76.7% | −7.8% | 6.5% | −7.6% |
| Return on tangible assets | −22.4% | 0.2% | −9.2% | −96.3% | −205.1% | −47.3% | −207.5% | −16.7% | 7.7% | −5.2% |
| Free cash flow margin | −11.2% | −0.8% | −31.6% | −41.3% | −64.4% | −107.5% | −257.1% | −247.0% | −396.1% | −216.4% |
| Income quality (OCF / net income) | — | 10.06 | — | — | — | — | — | — | −1.14 | — |
| Financial health | ||||||||||
| Total debt | C$23.9M | C$104.0M | C$99.8M | C$226.4M | C$226.4M | C$399.0M | C$529.0M | C$647.3M | C$204.6M | C$64.1M |
| Cash & short-term investments | C$165.1M | C$184.8M | C$183.6M | C$300.9M | C$300.9M | C$444.0M | C$168.5M | C$363.4M | C$150.4M | C$175.3M |
| Net debt | −C$141.2M | −C$80.8M | −C$83.8M | −C$74.5M | −C$74.5M | −C$45.0M | C$360.5M | C$283.9M | C$54.2M | −C$111.1M |
| Debt / equity | 0.05 | 0.18 | 0.18 | 0.46 | 0.46 | 0.20 | 0.25 | 0.15 | 0.13 | 0.29 |
| Debt / assets | 0.04 | 0.12 | 0.12 | 0.24 | 0.24 | 0.15 | 0.18 | 0.11 | 0.11 | 0.20 |
| Net debt / EBITDA | — | −1.57 | — | — | — | — | — | — | 0.53 | — |
| Current ratio | 5.94 | 4.31 | 3.42 | 2.02 | 2.02 | 5.72 | 1.53 | 1.51 | 2.92 | 8.25 |
| Quick ratio | 3.32 | 2.16 | 1.93 | 1.48 | 1.48 | 4.54 | 0.97 | 1.14 | 2.35 | 7.75 |
| Interest coverage | -25.8 | 0.6 | -3.3 | -5.3 | -3.2 | -4.3 | -6.1 | -8.1 | -8.1 | -8.7 |
| Working capital | C$331.4M | C$365.4M | C$302.5M | C$242.2M | C$242.2M | C$548.8M | C$144.6M | C$225.1M | C$145.5M | C$170.7M |
| Invested capital | C$372.0M | C$483.1M | C$477.0M | C$416.2M | C$416.2M | C$1.99B | C$2.50B | C$4.68B | C$1.61B | C$108.6M |
| Tangible asset value | C$454.9M | C$516.6M | C$518.7M | C$443.3M | C$443.3M | C$781.5M | C$779.8M | C$528.5M | C$595.9M | C$147.3M |
| Net current asset value | C$309.0M | C$232.9M | C$190.1M | C$75.3M | C$75.3M | −C$20.9M | −C$386.8M | −C$570.7M | −C$114.7M | C$90.2M |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | — | C$0 | C$0 | C$0 |
| Share buybacks (net) | — | — | — | — | — | — | C$0 | C$0 | C$0 | C$0 |
| Dividend payout ratio | — | — | — | — | — | — | — | — | 0.0% | — |
| Capex / revenue | 7.0% | 5.5% | 6.2% | 3.1% | 14.6% | 21.6% | 129.8% | 168.7% | 248.1% | 142.3% |
| Capex / operating cash flow | — | 117.8% | — | — | — | — | — | — | — | — |
| Capex / depreciation | 1.59 | 0.84 | 0.51 | 0.16 | 0.34 | 0.54 | 3.04 | 4.69 | 11.17 | 23.66 |
| Stock-based compensation / revenue | 2.3% | 3.4% | 4.7% | 7.5% | 6.2% | 8.3% | 22.0% | 43.6% | 67.8% | 42.0% |
| R&D / revenue | 1.3% | 1.1% | 1.3% | 2.6% | 4.7% | 4.7% | 9.7% | 6.0% | 3.0% | 1.7% |
| SG&A / revenue | 51.8% | 48.5% | 58.0% | 76.2% | 85.4% | 79.5% | 128.7% | 148.8% | 199.0% | 136.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 49.5 | 46.6 | 58.6 | 67.4 | 80.4 | 81.9 | 113.2 | 95.1 | 57.9 | 24.3 |
| Days of inventory on hand | 410.0 | 497.5 | 414.8 | 225.0 | 242.9 | 199.0 | 199.7 | 364.7 | 865.0 | 1,450.0 |
| Days payables outstanding | 36.5 | 56.1 | 55.6 | 38.3 | 32.1 | 22.5 | 37.0 | 153.3 | 884.1 | 937.2 |
| Cash conversion cycle (days) | 423.0 | 488.1 | 417.8 | 254.1 | 291.2 | 258.4 | 276.0 | 306.5 | 38.8 | 537.1 |
| Receivables turnover | 7.38 | 7.83 | 6.22 | 5.41 | 4.54 | 4.46 | 3.23 | 3.84 | 6.30 | 15.02 |
| Payables turnover | 10.00 | 6.51 | 6.56 | 9.53 | 11.37 | 16.23 | 9.88 | 2.38 | 0.41 | 0.39 |
| Inventory turnover | 0.89 | 0.73 | 0.88 | 1.62 | 1.50 | 1.83 | 1.83 | 1.00 | 0.42 | 0.25 |
| Asset turnover | 0.44 | 0.41 | 0.31 | 0.24 | 0.12 | 0.09 | 0.06 | 0.07 | 0.05 | 0.11 |
| Average receivables | C$43.5M | C$43.9M | C$43.4M | C$41.3M | C$48.8M | C$55.0M | C$83.3M | C$64.0M | C$8.8M | C$1.2M |
| Average payables | C$18.4M | C$23.9M | C$21.2M | C$21.9M | C$17.6M | C$16.4M | C$29.2M | C$43.3M | C$28.3M | C$5.2M |
| Average inventory | C$206.6M | C$212.2M | C$157.8M | C$128.8M | C$133.2M | C$145.5M | C$157.9M | C$103.0M | C$27.7M | C$8.0M |
| Intangibles / total assets | 9.7% | 10.4% | 10.0% | 8.5% | 8.5% | 46.1% | 45.8% | 68.7% | 50.9% | 22.4% |
Computed from ACB's annual financial statements (latest annual report filed June 11, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Canadian dollars; data from EODHD. Averages use the opening and closing balance of each year.
ACB valuation and financial ratios
Aurora Cannabis earned a return on equity of −22.6% and a return on invested capital of −8.6% in fiscal 2026. It ended the year with C$23.9 million of debt and C$165.1 million in cash and short-term investments, a net cash position of C$141.2 million.
See the ACB income statement, the ACB chart for price history, or the ACB stock overview for the latest quote and news.
ACB key metrics FAQ
What is Aurora Cannabis's return on equity?
Aurora Cannabis's return on equity (ROE) was −22.6% in fiscal 2026: net income of -C$121.8 million on average shareholders' equity of C$538.5 million.
What is Aurora Cannabis's ROIC?
Aurora Cannabis's return on invested capital was −8.6% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Aurora Cannabis have?
Aurora Cannabis had total debt of C$23.9 million at the end of fiscal 2026, a debt-to-equity ratio of 0.05 and more cash than debt.
What is Aurora Cannabis's current ratio?
Aurora Cannabis's current ratio was 5.94 at the end of fiscal 2026: current assets were 5.94 times current liabilities.