TerrAscend (TSNDF) Debt Ratio (2021 - 2026)
TerrAscend (TSNDF) posted quarterly Debt Ratio of 0.37 for Q1 2026, up 20.64% year-over-year from 0.31 in Q1 2025, and little changed quarter-over-quarter from 0.38 in Q4 2025.
TerrAscend (TSNDF) Debt Ratio (2021 - 2026) Analysis & Trends
TerrAscend (TSNDF) has reported Debt Ratio for 6 consecutive years, with 0.37 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio rose 20.64% year-over-year to 0.37; the TTM figure through Mar 2026 stood at 0.37 (up 20.64% YoY), while the FY2025 annual figure was 0.38, up 19.79% from the prior year.
- Debt Ratio held at 0.37 in Q1 2026 per TSNDF's latest filing, from 0.38 in the prior quarter.
- Across five years, Debt Ratio topped out at 2245.36 in Q2 2023 and bottomed at 0.1 in Q4 2023.
- Historically, Debt Ratio has averaged 132.36 across 5 years, with a median of 0.31 in 2025.
- Annual changes were most pronounced in 2023 — Debt Ratio surged 944958.95% — and 2024, when it slumped 99.99%.
- TerrAscend's Debt Ratio stood at 0.22 in 2022, then plunged by 52.55% to 0.1 in 2023, then surged by 206.69% to 0.31 in 2024, then rose by 19.79% to 0.38 in 2025, then fell by 0.17% to 0.37 in 2026.
- Business Quant data shows TSNDF's Debt Ratio at 0.37 in Q1 2026, 0.38 in Q4 2025, and 0.4 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.83 Bn | 42.86 Bn | - | -0.13 |
| 2 | Teva Pharmaceutical Industries | 42.87 Bn | 39.22 Bn | 2.15 Bn | 0.42 |
| 3 | Zoetis | 31.41 Bn | 29.73 Bn | 1.05 Bn | 0.60 |
| 4 | Takeda Pharmaceutical | 28.55 Bn | 22.75 Bn | 5.10 Bn | 0.32 |
| 5 | United Therapeutics | 22.08 Bn | 19.42 Bn | 683.80 Mn | - |
| 6 | Viatris | 18.73 Bn | 17.84 Bn | 1.46 Bn | 0.38 |
| 7 | Neurocrine Biosciences | 15.44 Bn | 15.05 Bn | 935.80 Mn | - |
| 8 | Elanco Animal Health | 11.75 Bn | 11.22 Bn | 798.00 Mn | 0.29 |
| 9 | Dr Reddys Laboratories | 10.11 Bn | 9.94 Bn | - | 0.12 |
| 10 | TerrAscend | 182.53 Mn | 140.41 Mn | 36.25 Mn | 0.36 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.36 |
| 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 |