TREES Corp (Colorado) (CANN) Debt Ratio (2013 - 2024)
TREES Corp (Colorado)'s Debt Ratio came in at 0.72 for Q3 2024, up 12.4% from 0.64 a year earlier and up 4.0% from the prior quarter.
Analysis
TREES Corp (Colorado) (CANN) Debt Ratio (2013 - 2024) Analysis & Trends
For FY2023, TREES Corp (Colorado)'s Debt Ratio was 0.65, up 15.7% from FY2022.
- Debt Ratio has increased in each of the last three years.
- Going back by year, Debt Ratio was 0.56 in FY2022 (+76.7%), 0.32 in FY2021 (+4.2%), 0.31 in FY2020 (-76.3%) and 1.29 in FY2019 (+161.8%).
- The Q3 2024 figure represents the highest quarterly Debt Ratio since Q1 2020.
- Year-over-year, Debt Ratio has increased for nine consecutive quarters, with growth averaging 44.7% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q4 2019 (growth of 161.8%), and the weakest in Q4 2020 (a decline of 76.3%).
- Business Quant data shows CANN's Debt Ratio at 0.69 (Q2 2024), 0.67 (Q1 2024) and 0.65 (Q4 2023) in the three quarters before Q3 2024.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 0.72 |
| Jun 30, 2024 | 0.69 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.65 |
| Sep 30, 2023 | 0.64 |
| Jun 30, 2023 | 0.61 |
| Mar 31, 2023 | 0.57 |
| Dec 31, 2022 | 0.56 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.30 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.32 |
| Sep 30, 2021 | 0.27 |
| Jun 30, 2021 | 0.45 |
| Mar 31, 2021 | 0.40 |
| Dec 31, 2020 | 0.31 |
| Sep 30, 2020 | 0.26 |
| Jun 30, 2020 | 0.25 |
| Mar 31, 2020 | 0.99 |
| Dec 31, 2019 | 1.29 |
API Access
TREES Corp (Colorado) Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=CANN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CANN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CANN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();