Glass House Brands (GLAS) Interest Coverage Ratio (2020 - 2026)
Glass House Brands (GLAS) posted quarterly Interest Coverage Ratio of 11.08 for Q1 2026, down 229.91% quarter-over-quarter from 8.53 in Q4 2025.
Glass House Brands (GLAS) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Glass House Brands (GLAS) has reported Interest Coverage Ratio for 7 consecutive years, with 11.08 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio changed N/A year-over-year to 11.08; the TTM figure through Mar 2026 stood at 7.83 (changed N/A YoY), while the FY2025 annual figure was 0.4, down 380.41% from the prior year.
- Interest Coverage Ratio eased to 11.08 in Q1 2026 per GLAS's latest filing, from 8.53 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 15.32 in Q1 2023 and bottomed at 11.49 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 1.6 across 5 years, with a median of 1.61 in 2023.
- On a YoY basis, Interest Coverage Ratio climbed as much as 803.06% in 2022 and fell as far as 134.14% in 2022.
- Glass House Brands' Interest Coverage Ratio stood at 7.61 in 2022, then tumbled by 91.0% to 0.68 in 2023, then surged by 184.03% to 1.94 in 2024, then surged by 338.59% to 8.53 in 2025, then tumbled by 229.91% to 11.08 in 2026.
- Business Quant data shows GLAS's Interest Coverage Ratio at 11.08 in Q1 2026, 8.53 in Q4 2025, and 6.26 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.98 Bn | 43.02 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.28 Bn | 39.62 Bn | 2.15 Bn | - |
| 3 | Zoetis | 31.79 Bn | 30.11 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.69 Bn | 22.89 Bn | 5.10 Bn | -3.15 |
| 5 | United Therapeutics | 22.25 Bn | 19.58 Bn | 683.80 Mn | 114.07 |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | 0.05 |
| 7 | Neurocrine Biosciences | 15.58 Bn | 15.19 Bn | 935.80 Mn | 52.24 |
| 8 | Elanco Animal Health | 11.87 Bn | 11.34 Bn | 798.00 Mn | 4.20 |
| 9 | Dr Reddys Laboratories | 10.14 Bn | 9.98 Bn | - | - |
| 10 | Glass House Brands | 825.81 Mn | 807.26 Mn | 15.77 Mn | -4.77 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.08 |
| Dec 31, 2025 | 8.53 |
| Sep 30, 2025 | -6.26 |
| Jun 30, 2025 | 5.54 |
| Jun 30, 2024 | 1.94 |
| Dec 31, 2023 | 0.68 |
| Jun 30, 2023 | 1.27 |
| Mar 31, 2023 | 15.32 |
| Dec 31, 2022 | 7.61 |
| Sep 30, 2022 | -3.70 |
| Jun 30, 2022 | 10.84 |
| Mar 31, 2022 | -11.49 |
| Dec 31, 2021 | -36.20 |
| Sep 30, 2021 | -3.04 |
| Jun 30, 2021 | 1.20 |
| Mar 31, 2021 | -4.91 |
| Dec 31, 2020 | -0.14 |
| Mar 31, 2020 | -11.50 |