TREES Corp (Colorado) (CANN) Interest Coverage Ratio (2016 - 2024)
TREES Corp (Colorado)'s Interest Coverage Ratio history spans 11 years, with the latest figure at 0.86 for Q1 2024.
- For Q1 2024, Interest Coverage Ratio rose 66.93% year-over-year to 0.86; the TTM value through Sep 2024 reached 1.47, up 49.44%, while the annual FY2023 figure was 2.25, 99.06% up from the prior year.
- Interest Coverage Ratio for Q1 2024 was 0.86 at TREES Corp (Colorado), up from 2.41 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.78 in Q2 2022 and bottomed at 16.12 in Q3 2020.
- The 5-year median for Interest Coverage Ratio is 3.07 (2022), against an average of 5.39.
- The largest annual shift saw Interest Coverage Ratio surged 119.09% in 2022 before it plummeted 362.72% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 7.35 in 2020, then skyrocketed by 70.46% to 2.17 in 2021, then crashed by 146.05% to 5.34 in 2022, then surged by 54.9% to 2.41 in 2023, then surged by 64.22% to 0.86 in 2024.
- Per Business Quant, the three most recent readings for CANN's Interest Coverage Ratio are 0.86 (Q1 2024), 2.41 (Q4 2023), and 2.05 (Q3 2023).