Sndl SNDL
NASDAQ SNDL
$1.35 -0.05 (-3.93%)
As of: Sep 10, 2026 · 3:59 PM EDT

Sndl (SNDL) Interest Coverage Ratio (2018 - 2023)

Sndl's (SNDL) quarterly Interest Coverage Ratio came in at 41.38 in Q4 2023, up 72.87% on a YoY basis from 23.94 in Q4 2022, and up 440.96% quarter-over-quarter from 7.65 in Q3 2023.

Analysis

Sndl (SNDL) Interest Coverage Ratio (2018 - 2023) Analysis & Trends

Sndl (SNDL) has reported Interest Coverage Ratio for 6 consecutive years, with 41.38 the latest figure, recorded in Q4 2023.

  • For the quarter ending Q4 2023, Interest Coverage Ratio rose 72.87% year-over-year to 41.38; the trailing twelve-month figure through Dec 2023 stood at 12.62 (up 52.71% YoY), and the FY2025 full-year result was 0.95, up 93.46% from the prior year.
  • Interest Coverage Ratio grew to 41.38 in Q4 2023 per SNDL's latest filing, from 7.65 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 35510.0 in Q2 2021 and bottomed at 379.84 in Q1 2022.
  • Historically, Interest Coverage Ratio has averaged 1863.64 across 5 years, with a median of 6.21 in 2023.
  • The sharpest annual moves came in 2020 and 2021: Interest Coverage Ratio plunged 553.74% in 2020, then soared 117647.77% in 2021.
  • Over 5 years, Interest Coverage Ratio stood at 0.79 in 2019, then surged by 433.05% to 2.64 in 2020, then retreated by 1.32% to 2.61 in 2021, then jumped by 817.13% to 23.94 in 2022, then surged by 72.87% to 41.38 in 2023.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 41.38, 7.65, and 12.03 for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Curaleaf Holdings 2.58 Bn 2.48 Bn 169.91 Mn -
2 Trulieve Cannabis 2.19 Bn 1.86 Bn 162.29 Mn -29.04
3 Green Thumb Industries 1.66 Bn 1.37 Bn 137.87 Mn 3.10
4 Cronos 1.18 Bn 383.59 Mn 28.45 Mn -
5 Glass House Brands 654.26 Mn 635.70 Mn 15.77 Mn -4.77
6 Vireo Growth 545.55 Mn 403.25 Mn 95.30 Mn -0.83
7 Tilray Brands 462.43 Mn 227.80 Mn 90.52 Mn -
8 Verano Holdings 429.33 Mn 344.13 Mn 99.70 Mn -
9 Canopy Growth 389.88 Mn 142.87 Mn 16.08 Mn -1.74
10 Sndl 345.79 Mn 213.25 Mn 40.74 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 41.38
Sep 30, 2023 7.65
Jun 30, 2023 12.03
Mar 31, 2023 6.21
Dec 31, 2022 23.94
Sep 30, 2022 10.53
Jun 30, 2022 3.07
Mar 31, 2022 -379.84
Dec 31, 2021 2.61
Sep 30, 2021 141.05
Jun 30, 2021 35,510.00
Dec 31, 2020 2.64
Sep 30, 2020 -17.75
Jun 30, 2020 30.16
Mar 31, 2020 5.52
Dec 31, 2019 -0.79
Sep 30, 2019 3.91
Jun 30, 2019 0.58
Mar 31, 2019 6.29
Dec 31, 2018 -9.45