Canopy Growth CGC
NASDAQ CGC
$0.67 -0.05 (-6.67%)
At close: Oct 21, 2026 · 4:00 PM EDT

Canopy Growth (CGC) Debt Ratio (2017 - 2026)

Updated

Canopy Growth's Debt Ratio was 0.22 in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 33.3% from 0.33 a year earlier but up 4.3% from the prior quarter.

Analysis

Canopy Growth (CGC) Debt Ratio (2017 - 2026) Analysis & Trends

For FY2026 (ended Mar 31, 2026), Debt Ratio at Canopy Growth came in at 0.21, down 37.0% from FY2025.

  • Debt Ratio has now declined for three consecutive fiscal years.
  • In earlier fiscal years, Debt Ratio was 0.33 in FY2025 (-27.9%), 0.46 in FY2024 (-14.3%), 0.54 in FY2023 (+100.0%) and 0.27 in FY2022 (+15.4%).
  • Quarterly Debt Ratio has moved between 0.20 (fiscal Q3 2026) and 0.54 (fiscal Q4 2023) over five years.
  • Compared with a year earlier, Debt Ratio has declined for seven straight quarters, with an average decline of 28.5% over the last eight quarters.
  • The best year-over-year quarter for Debt Ratio over five years was fiscal Q2 2022 (growth of 189.7%); the worst was fiscal Q2 2026 (a decline of 52.5%).
  • Per Business Quant data, CGC's Debt Ratio in the three fiscal quarters before Q1 2027 was 0.21 (Q4 2026), 0.20 (Q3 2026) and 0.21 (Q2 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Philip Morris International 307.33 Bn 286.97 Bn 7.66 Bn 0.72
2 British American Tobacco p.l.c 128.97 Bn 105.33 Bn - 0.32
3 Altria 123.30 Bn 109.46 Bn 3.82 Bn 0.74
4 Trulieve Cannabis 2.12 Bn 741.64 Mn 162.29 Mn 0.09
5 Curaleaf Holdings 2.12 Bn 1.72 Bn 169.91 Mn 0.22
6 RLX Technology 2.06 Bn -1.70 Bn 52.74 Mn 0.01
7 Green Thumb Industries 1.43 Bn 279.53 Mn 137.87 Mn 0.20
8 Turning Point Brands 1.28 Bn 389.03 Mn 93.70 Mn 0.34
9 Cronos 1.27 Bn -2.01 Bn 28.45 Mn -
10 Canopy Growth 282.24 Mn -716.74 Mn 16.08 Mn 0.22
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.22
Mar 31, 2026 0.21
Dec 31, 2025 0.20
Sep 30, 2025 0.21
Jun 30, 2025 0.33
Mar 31, 2025 0.33
Dec 31, 2024 0.38
Sep 30, 2024 0.45
Jun 30, 2024 0.44
Mar 31, 2024 0.46
Dec 31, 2023 0.45
Sep 30, 2023 0.41
Jun 30, 2023 0.48
Mar 31, 2023 0.54
Dec 31, 2022 0.41
Sep 30, 2022 0.41
Jun 30, 2022 0.42
Mar 31, 2022 0.27
Dec 31, 2021 0.24
Sep 30, 2021 0.24
API Access

Canopy Growth 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=CGC&period=max&api_key=YOUR_API_KEY