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Ratios

Greater Cannabis Company (GCAN) Debt Ratio (2017 - 2022)

Greater Cannabis Company's Debt Ratio history spans 6 years, with the latest figure at 0.86 for Q3 2022.

  • For Q3 2022, Debt Ratio rose 69.5% year-over-year to 0.86; the TTM value through Sep 2022 reached 0.86, up 69.5%, while the annual FY2021 figure was 0.66, 54.16% down from the prior year.
  • Debt Ratio reached 0.86 in Q3 2022 per GCAN's latest filing, up from 0.8 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 260.97 in Q1 2018 to a low of 0.45 in Q2 2021.
  • Average Debt Ratio over 5 years is 15.78, with a median of 1.14 recorded in 2020.
  • The largest YoY upside for Debt Ratio was 184.15% in 2019 against a maximum downside of 99.49% in 2019.
  • A 5-year view of Debt Ratio shows it stood at 1.74 in 2018, then surged by 184.15% to 4.94 in 2019, then tumbled by 70.76% to 1.44 in 2020, then crashed by 54.16% to 0.66 in 2021, then skyrocketed by 30.65% to 0.86 in 2022.
  • Per Business Quant, the three most recent readings for GCAN's Debt Ratio are 0.86 (Q3 2022), 0.8 (Q2 2022), and 0.68 (Q1 2022).