TerrAscend (TSNDF) Debt to Equity (2020 - 2026)

TerrAscend (TSNDF) reported Debt to Equity of $2.25 for Q1 2026, up 95.49% year-over-year from $1.15 in Q1 2025, and up 4.2% quarter-over-quarter from $2.16 in Q4 2025.

TerrAscend (TSNDF) Debt to Equity (2020 - 2026) Analysis & Trends

TerrAscend (TSNDF) has 7 years of Debt to Equity data on file, last reported at $2.25 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $2.25, up 95.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.25 (up 95.49% YoY), and the FY2025 annual result was $2.16, up 108.38% from the prior year.
  • Debt to Equity grew to $2.25 in Q1 2026 per TSNDF's latest filing, from $2.16 in the prior quarter.
  • Over five years, Debt to Equity peaked at $2.25 in Q1 2026 and troughed at $0.26 in Q1 2024.
  • A 5-year average of $1.06 and a median of $0.83 in 2023 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2024 and 2025: Debt to Equity slumped 48.71% in 2024, then surged 346.82% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.6 in 2022, then jumped by 36.97% to $0.83 in 2023, then grew by 25.35% to $1.04 in 2024, then surged by 108.38% to $2.16 in 2025, then grew by 4.2% to $2.25 in 2026.
  • Business Quant data shows TSNDF's Debt to Equity at $2.25 in Q1 2026, $2.16 in Q4 2025, and $2.23 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 2.02
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 2.80
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 0.61
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 0.86
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 0.47
10 TerrAscend - - 34.60 Mn 2.25

Historic Data

Download Data
DateValue
Mar 31, 2026 2.25
Dec 31, 2025 2.16
Sep 30, 2025 2.23
Jun 30, 2025 1.68
Mar 31, 2025 1.15
Dec 31, 2024 1.04
Sep 30, 2024 0.89
Jun 30, 2024 0.77
Mar 31, 2024 0.26
Dec 31, 2023 0.83
Sep 30, 2023 0.72
Jun 30, 2023 0.78
Mar 31, 2023 0.50
Dec 31, 2022 0.60
Sep 30, 2022 1.16
Jun 30, 2022 0.42
Mar 31, 2022 0.58
Dec 31, 2021 0.83
Dec 31, 2020 -12.87