Greater Cannabis Company (GCAN) Debt Ratio (2017 - 2023)

Greater Cannabis Company's Debt Ratio history runs 7 years deep, the most recent figure standing at 0.17 for Q3 2023.

• On a quarterly basis, Debt Ratio fell 86.71% year-over-year to 0.17 in Q3 2023; TTM through Sep 2023 was 0.17, a 86.71% decrease from a year earlier, with the FY2022 full-year figure at 0.93, up 40.11% from the prior year.
• Debt Ratio slipped to 0.17 in Q3 2023 per GCAN's latest filing, from 0.93 in the prior quarter.
• Across five years, Debt Ratio topped out at 4.94 in Q4 2019 and bottomed at 0.17 in Q3 2023.
• The 5-year median for Debt Ratio is 1.12 (2021), against an average of 1.46.
• Biggest YoY gain for Debt Ratio was 184.15% in 2019; the steepest drop was 91.56% in 2019.
• Year by year, Debt Ratio stood at 4.94 in 2019, then sank by 34.19% to 3.25 in 2020, then tumbled by 79.63% to 0.66 in 2021, then soared by 40.11% to 0.93 in 2022, then sank by 81.17% to 0.17 in 2023.
• Per Business Quant, the three latest GCAN Debt Ratio figures stand at 0.17 (Q3 2023), 0.93 (Q4 2022), and 1.31 (Q3 2022).