Glass House Brands (GLAS) Interest Coverage Ratio (2018 - 2026)
Glass House Brands' (GLAS) quarterly Interest Coverage Ratio came in at 4.77 in Q2 2026, down 187.33% year-over-year from 5.46 in Q2 2025, and up 58.37% quarter-over-quarter from 11.46 in Q1 2026.
Analysis
Glass House Brands (GLAS) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Glass House Brands (GLAS) has reported Interest Coverage Ratio for 9 consecutive years, with 4.77 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 187.33% year-over-year to 4.77 in Q2 2026; TTM through Jun 2026 was 8.74, a 546.52% decrease from a year earlier, with the FY2025 full-year figure at 2.34, down 474.99% from the prior year.
- Interest Coverage Ratio was 4.77 for Q2 2026 at Glass House Brands, up from 11.46 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 5.46 in Q2 2025 and troughed at 12.15 in Q4 2025.
- A 5-year average of 4.11 and a median of 4.77 in 2026 frame the typical range for Interest Coverage Ratio.
- The widest YoY moves for Interest Coverage Ratio: up 180.89% in 2025, down 1346.55% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 7.61 in 2022, then plunged by 43.69% to 10.94 in 2023, then surged by 108.91% to 0.97 in 2024, then sank by 1346.55% to 12.15 in 2025, then jumped by 60.73% to 4.77 in 2026.
- The last three Interest Coverage Ratio figures came in at 4.77 (Q2 2026), 11.46 (Q1 2026), and 12.15 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.57 Bn | 169.91 Mn | - |
| 2 | Trulieve Cannabis | 2.29 Bn | 1.97 Bn | 162.29 Mn | -29.04 |
| 3 | Green Thumb Industries | 1.71 Bn | 1.43 Bn | 137.87 Mn | 3.10 |
| 4 | Cronos | 1.18 Bn | 381.72 Mn | 28.45 Mn | - |
| 5 | Glass House Brands | 667.78 Mn | 649.22 Mn | 15.77 Mn | -4.77 |
| 6 | Vireo Growth | 547.80 Mn | 405.50 Mn | 95.30 Mn | -0.83 |
| 7 | Tilray Brands | 467.46 Mn | 232.83 Mn | 90.52 Mn | - |
| 8 | Verano Holdings | 439.55 Mn | 354.35 Mn | 99.70 Mn | - |
| 9 | Canopy Growth | 403.18 Mn | 156.17 Mn | 16.08 Mn | -1.74 |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.77 |
| Mar 31, 2026 | -11.46 |
| Dec 31, 2025 | -12.15 |
| Sep 30, 2025 | -6.26 |
| Jun 30, 2025 | 5.46 |
| Mar 31, 2025 | -1.37 |
| Dec 31, 2024 | 0.97 |
| Sep 30, 2024 | 3.32 |
| Jun 30, 2024 | 1.94 |
| Dec 31, 2023 | -10.94 |
| Sep 30, 2023 | 2.26 |
| Jun 30, 2023 | 1.27 |
| Dec 31, 2022 | -7.61 |
| Jun 30, 2022 | -10.84 |
| Mar 31, 2022 | -11.49 |
| Dec 31, 2021 | -36.20 |
| Sep 30, 2021 | -793.17 |
| Jun 30, 2021 | -0.84 |
| Mar 31, 2021 | -4.91 |
| Dec 31, 2020 | 0.00 |