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