Growth Metrics

Greater Cannabis Company, Inc. (GCAND) Debt to Equity (2017 - 2022)

Greater Cannabis Company (GCAND) has 6 years of Debt to Equity data on record, last reported at -$0.46 in Q3 2022.

  • For Q3 2022, Debt to Equity rose 51.42% year-over-year to -$0.46; the TTM value through Sep 2022 reached -$0.46, up 51.42%, while the annual FY2021 figure was -$0.55, 40.35% up from the prior year.
  • Debt to Equity reached -$0.46 in Q3 2022 per GCAND's latest filing, down from -$0.41 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.19 in Q2 2018 and bottomed at -$3.01 in Q2 2021.
  • Average Debt to Equity over 5 years is -$0.58, with a median of -$0.46 recorded in 2020.
  • Peak YoY movement for Debt to Equity: plummeted 5564.81% in 2018, then soared 86.53% in 2022.
  • A 5-year view of Debt to Equity shows it stood at -$0.46 in 2018, then soared by 63.55% to -$0.17 in 2019, then tumbled by 452.79% to -$0.93 in 2020, then skyrocketed by 40.35% to -$0.55 in 2021, then grew by 16.45% to -$0.46 in 2022.
  • Per Business Quant database, its latest 3 readings for Debt to Equity were -$0.46 in Q3 2022, -$0.41 in Q2 2022, and -$0.42 in Q1 2022.