Canopy Growth (CGC) Debt Ratio (2017 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CGC", "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=CGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();