Growth Metrics

TREES Corp (Colorado) (CANN) Debt Ratio (2016 - 2024)

TREES Corp (Colorado)'s Debt Ratio history spans 10 years, with the latest figure at 0.67 for Q3 2024.

  • For Q3 2024, Debt Ratio rose 40.88% year-over-year to 0.67; the TTM value through Sep 2024 reached 0.67, up 40.88%, while the annual FY2023 figure was 0.6, 20.17% up from the prior year.
  • Debt Ratio for Q3 2024 was 0.67 at TREES Corp (Colorado), down from 0.68 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.68 in Q2 2024 and bottomed at 0.01 in Q2 2022.
  • The 5-year median for Debt Ratio is 0.37 (2020), against an average of 0.35.
  • The largest annual shift saw Debt Ratio crashed 74.63% in 2021 before it skyrocketed 3718.36% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 0.37 in 2020, then decreased by 27.35% to 0.27 in 2021, then surged by 86.19% to 0.5 in 2022, then increased by 20.17% to 0.6 in 2023, then rose by 11.4% to 0.67 in 2024.
  • Per Business Quant, the three most recent readings for CANN's Debt Ratio are 0.67 (Q3 2024), 0.68 (Q2 2024), and 0.63 (Q1 2024).