TerrAscend (TSNDF) Debt Ratio (2021 - 2026)

TerrAscend's (TSNDF) quarterly Debt Ratio came in at 0.37 in Q1 2026, up 20.64% year-on-year from 0.31 in Q1 2025, and little changed on a QoQ basis from 0.38 in Q4 2025.

TerrAscend (TSNDF) Debt Ratio (2021 - 2026) Analysis & Trends

TerrAscend (TSNDF) has 6 years of Debt Ratio data on file, last reported at 0.37 in Q1 2026.

  • On a quarterly basis, Debt Ratio rose 20.64% year-over-year to 0.37 in Q1 2026; TTM through Mar 2026 was 0.37, a 20.64% increase from a year earlier, with the FY2025 full-year figure at 0.38, up 19.79% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.37, roughly flat from 0.38 in the prior quarter.
  • Over the last five years, Debt Ratio for TSNDF reached as high as 2245.36 in Q2 2023 and fell as low as 0.1 in Q4 2023.
  • Historically, Debt Ratio has averaged 132.36 across 5 years, with a median of 0.31 in 2025.
  • Across the five-year window, Debt Ratio soared 944958.95% in 2023 and plunged 99.99% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.22 in 2022, then plunged by 52.55% to 0.1 in 2023, then jumped by 206.69% to 0.31 in 2024, then advanced by 19.79% to 0.38 in 2025, then decreased by 0.17% to 0.37 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.37 in Q1 2026, 0.38 in Q4 2025, and 0.4 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - 0.26
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 0.42
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 0.60
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 0.29
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn -
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - 0.10
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 0.39
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn -
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 0.29
10 TerrAscend 160.44 Mn 162.98 Mn 34.60 Mn 0.37

Historic Data

Download Data
DateValue
Mar 31, 2026 0.37
Dec 31, 2025 0.38
Sep 30, 2025 0.40
Jun 30, 2025 0.35
Mar 31, 2025 0.31
Dec 31, 2024 0.31
Sep 30, 2024 0.29
Jun 30, 2024 0.28
Mar 31, 2024 0.28
Dec 31, 2023 0.10
Sep 30, 2023 0.31
Jun 30, 2023 2,245.36
Mar 31, 2023 0.35
Dec 31, 2022 0.22
Sep 30, 2022 0.34
Jun 30, 2022 0.24
Mar 31, 2022 0.18
Dec 31, 2021 0.33