Greater Cannabis Company (GCAN) Interest Coverage Ratio (2017 - 2021)

Greater Cannabis Company's (GCAN) quarterly Interest Coverage Ratio came in at 2.71 in Q4 2021, down 97.61% year-on-year from 113.19 in Q4 2020, and down 97.61% quarter-over-quarter from 1.37 in Q4 2020.

Greater Cannabis Company (GCAN) Interest Coverage Ratio (2017 - 2021) Analysis & Trends

Greater Cannabis Company's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 2.71 for Q4 2021.

  • On a quarterly basis, Interest Coverage Ratio fell 97.61% year-over-year to 2.71 in Q4 2021; TTM through Dec 2021 was 7.74, a 2.64% decrease from a year earlier, with the FY2021 full-year figure at 7.74, down 2.64% from the prior year.
  • Interest Coverage Ratio retreated to 2.71 in Q4 2021 per GCAN's latest filing, from 1.37 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 52.33 in Q3 2017 and bottomed at 706.08 in Q1 2017.
  • The 4-year median for Interest Coverage Ratio is 1.37 (2020), against an average of 70.6.
  • Biggest YoY gain for Interest Coverage Ratio was 132.48% in 2018; the steepest drop was 126.41% in 2018.
  • Year by year, Interest Coverage Ratio stood at 10.82 in 2017, then tumbled by 227.7% to 13.82 in 2018, then soared by 90.08% to 1.37 in 2020, then slumped by 97.61% to 2.71 in 2021.
  • Per Business Quant, the three latest GCAN Interest Coverage Ratio figures stand at 2.71 (Q4 2021), 1.37 (Q4 2020), and 13.82 (Q3 2018).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 13.44
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -2.81
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 0.18
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn -0.07
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 0.33
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 5.11
10 Greater Cannabis Company 292,929.85 292,929.85 - -

Historic Data

Download Data
DateValue
Dec 31, 2021 -2.71
Dec 31, 2020 -1.37
Sep 30, 2018 -13.82
Jun 30, 2018 10.06
Mar 31, 2018 46.37
Dec 31, 2017 10.82
Sep 30, 2017 52.33
Jun 30, 2017 -30.97
Mar 31, 2017 -706.08