TerrAscend (TSNDF) Debt Ratio (2021 - 2026)

TerrAscend (TSNDF) reported Debt Ratio of 0.37 for Q1 2026, up 17.8% year-over-year from 0.32 in Q1 2025, and down 2.86% quarter-over-quarter 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.

  • Debt Ratio for Q1 2026 came in at 0.37, up 17.8% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.37 (up 17.8% YoY), and the FY2025 annual result was 0.38, up 27.13% from the prior year.
  • Debt Ratio declined to 0.37 in Q1 2026 per TSNDF's latest filing, from 0.38 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.45 in Q3 2022 and troughed at 0.09 in Q1 2024.
  • A 5-year average of 0.3 and a median of 0.3 in 2023 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio plunged 57.43% in 2024, then surged 246.83% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.28 in 2022, then gained by 8.07% to 0.3 in 2023, then climbed by 1.06% to 0.3 in 2024, then increased by 27.13% to 0.38 in 2025, then decreased by 2.86% 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 0.38 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 0.42
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 0.60
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn -
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 0.01
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn -
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 0.30
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 0.35
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 0.24
10 TerrAscend - - 34.60 Mn 0.37

Historic Data

Download Data
DateValue
Mar 31, 2026 0.37
Dec 31, 2025 0.38
Sep 30, 2025 0.38
Jun 30, 2025 0.35
Mar 31, 2025 0.32
Dec 31, 2024 0.30
Sep 30, 2024 0.28
Jun 30, 2024 0.26
Mar 31, 2024 0.09
Dec 31, 2023 0.30
Sep 30, 2023 0.28
Jun 30, 2023 0.32
Mar 31, 2023 0.21
Dec 31, 2022 0.28
Sep 30, 2022 0.45
Jun 30, 2022 0.24
Mar 31, 2022 0.29
Dec 31, 2021 0.33