Trafalgar International (GCAN) Debt Ratio (2017 - 2023)
Greater Cannabis Company (GCAN) posted quarterly Debt Ratio of 0.17 for Q3 2023, down 86.71% year-over-year from 1.31 in Q3 2022, and down 81.17% quarter-over-quarter from 0.93 in Q4 2022.
Trafalgar International (GCAN) Debt Ratio (2017 - 2023) Analysis & Trends
Greater Cannabis Company's Debt Ratio history runs 7 years deep, the most recent figure standing at 0.17 for Q3 2023.
- In Q3 2023, Debt Ratio fell 86.71% year-over-year to 0.17; the TTM figure through Sep 2023 stood at 0.17 (down 86.71% YoY), while the FY2022 annual figure was 0.93, up 40.11% from the prior year.
- Debt Ratio for Q3 2023 stood at 0.17, down from 0.93 in the prior quarter.
- The five-year high for Debt Ratio was 4.94 in Q4 2019, with the low at 0.17 in Q3 2023.
- The 5-year median for Debt Ratio is 1.12 (2021), against an average of 1.46.
- Peak annual rise in Debt Ratio reached 184.15% in 2019, while the deepest fall reached 91.56% in 2019.
- Greater Cannabis Company's Debt Ratio stood at 4.94 in 2019, then slumped by 34.19% to 3.25 in 2020, then plunged by 79.63% to 0.66 in 2021, then surged by 40.11% to 0.93 in 2022, then slumped by 81.17% to 0.17 in 2023.
- Business Quant data shows GCAN's Debt Ratio at 0.17 in Q3 2023, 0.93 in Q4 2022, and 1.31 in Q3 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.83 Bn | 42.86 Bn | - | -0.13 |
| 2 | Teva Pharmaceutical Industries | 42.87 Bn | 39.22 Bn | 2.15 Bn | 0.42 |
| 3 | Zoetis | 31.41 Bn | 29.73 Bn | 1.05 Bn | 0.60 |
| 4 | Takeda Pharmaceutical | 28.55 Bn | 22.75 Bn | 5.10 Bn | 0.32 |
| 5 | United Therapeutics | 22.08 Bn | 19.42 Bn | 683.80 Mn | - |
| 6 | Viatris | 18.73 Bn | 17.84 Bn | 1.46 Bn | 0.38 |
| 7 | Neurocrine Biosciences | 15.44 Bn | 15.05 Bn | 935.80 Mn | - |
| 8 | Elanco Animal Health | 11.75 Bn | 11.22 Bn | 798.00 Mn | 0.29 |
| 9 | Dr Reddys Laboratories | 10.11 Bn | 9.94 Bn | - | 0.12 |
| 10 | Trafalgar International | 236,233.75 | 236,233.75 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.17 |
| Dec 31, 2022 | 0.93 |
| Sep 30, 2022 | 1.31 |
| Jun 30, 2022 | 0.88 |
| Mar 31, 2022 | 0.68 |
| Dec 31, 2021 | 0.66 |
| Sep 30, 2021 | 1.12 |
| Jun 30, 2021 | 0.48 |
| Mar 31, 2021 | 0.76 |
| Dec 31, 2020 | 3.25 |
| Sep 30, 2020 | 2.55 |
| Jun 30, 2020 | 1.19 |
| Mar 31, 2020 | 1.22 |
| Dec 31, 2019 | 4.94 |
| Sep 30, 2019 | 2.16 |
| Jun 30, 2019 | 1.40 |
| Mar 31, 2019 | 1.04 |
| Dec 31, 2018 | 1.74 |
| Sep 30, 2018 | 1.42 |
| Mar 31, 2018 | 12.33 |