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| Date | Value |
|---|---|
| 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 |