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

Greater Cannabis Company's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.93 for Q4 2022.

• In Q4 2022, Debt Ratio rose 40.11% year-over-year to 0.93; the TTM figure through Dec 2022 stood at 0.93 (up 40.11% YoY), while the FY2022 annual figure was 0.93, up 40.11% from the prior year.
• Debt Ratio was 0.93 for Q4 2022 at Greater Cannabis Company, up from 0.86 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 0.1 in Q4 2020.
• Historically, Debt Ratio has averaged 15.09 across 5 years, with a median of 0.95 in 2020.
• The sharpest annual moves came in 2019 and 2021: Debt Ratio plunged 99.6% in 2019, then soared 583.35% in 2021.
• A 5-year view of Debt Ratio shows it stood at 1.87 in 2018, then surged by 163.56% to 4.94 in 2019, then plunged by 98.04% to 0.1 in 2020, then jumped by 583.35% to 0.66 in 2021, then soared by 40.11% to 0.93 in 2022.
• The last three Debt Ratio figures came in at 0.93 (Q4 2022), 0.86 (Q3 2022), and 0.8 (Q2 2022), per Business Quant data.