Canopy Growth CGC
NASDAQ CGC
$0.96 0.00 (-0.46%)
As of: Sep 9, 2026 · 3:59 PM EDT

Canopy Growth (CGC) Interest Coverage Ratio (2019 - 2026)

Canopy Growth's (CGC) quarterly Interest Coverage Ratio came in at 1.74 in Q2 2026, up 24.92% year-over-year from 1.4 in Q2 2025, and up 31.48% quarter-over-quarter from 2.55 in Q4 2025.

Analysis

Canopy Growth (CGC) Interest Coverage Ratio (2019 - 2026) Analysis & Trends

Canopy Growth has disclosed Interest Coverage Ratio across 8 years of filings, most recently posting 1.74 for Q2 2026.

  • In Q2 2026, Interest Coverage Ratio rose 24.92% year-over-year to 1.74; the TTM figure through Jun 2026 stood at 2.23 (down 26.52% YoY), while the FY2026 annual figure was 4.23, down 169.44% from the prior year.
  • Interest Coverage Ratio came in at 1.74 for Q2 2026 at Canopy Growth, up from 2.55 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 0.26 in Q3 2023 to a low of 68.49 in Q2 2022.
  • Average Interest Coverage Ratio over 5 years is 8.3, with a median of 2.39 recorded in 2023.
  • Year-over-year, Interest Coverage Ratio sank 796.25% in 2022 and jumped 97.52% in 2023.
  • Over 5 years, Interest Coverage Ratio stood at 3.39 in 2022, then advanced by 27.65% to 2.45 in 2023, then surged by 42.0% to 1.42 in 2024, then tumbled by 79.13% to 2.55 in 2025, then surged by 31.48% to 1.74 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.74 in Q2 2026, 2.55 in Q4 2025, and 1.92 in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Curaleaf Holdings 2.66 Bn 2.56 Bn 169.91 Mn -
2 Trulieve Cannabis 2.27 Bn 1.94 Bn 162.29 Mn -29.04
3 Green Thumb Industries 1.71 Bn 1.42 Bn 137.87 Mn 3.10
4 Cronos 1.18 Bn 379.85 Mn 28.45 Mn -
5 Glass House Brands 666.14 Mn 647.59 Mn 15.77 Mn -4.77
6 Vireo Growth 545.10 Mn 402.80 Mn 95.30 Mn -0.83
7 Tilray Brands 470.81 Mn 236.18 Mn 90.52 Mn -
8 Verano Holdings 434.44 Mn 349.24 Mn 99.70 Mn -
9 Canopy Growth 406.26 Mn 159.25 Mn 16.08 Mn -1.74
10 Sndl 362.57 Mn 230.02 Mn 40.74 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.74
Dec 31, 2025 -2.55
Sep 30, 2025 -1.92
Jun 30, 2025 -2.32
Dec 31, 2024 -1.42
Sep 30, 2024 -2.16
Jun 30, 2024 -1.38
Mar 31, 2024 -5.05
Dec 31, 2023 -2.45
Sep 30, 2023 -0.26
Jun 30, 2023 -1.70
Mar 31, 2023 -15.35
Dec 31, 2022 -3.39
Sep 30, 2022 -4.90
Jun 30, 2022 -68.49
Mar 31, 2022 -17.69
Dec 31, 2021 -5.68
Sep 30, 2021 -8.08
Jun 30, 2021 -7.64
Mar 31, 2021 -49.08