TerrAscend (TSNDF) Interest Coverage Ratio (2021 - 2026)
TerrAscend (TSNDF) posted quarterly Interest Coverage Ratio of 0.1 for Q1 2026, down 11.08% year-over-year from 0.11 in Q1 2025, and up 119.6% quarter-over-quarter from 0.49 in Q4 2025.
TerrAscend (TSNDF) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
TerrAscend (TSNDF) has reported Interest Coverage Ratio for 6 consecutive years, with 0.1 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 11.08% year-over-year to 0.1; the TTM figure through Mar 2026 stood at 0.34 (down 6.65% YoY), while the FY2025 annual figure was 0.37, down 73.52% from the prior year.
- Interest Coverage Ratio climbed to 0.1 in Q1 2026 per TSNDF's latest filing, from 0.49 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.22 in Q4 2022 and bottomed at 48.69 in Q3 2022.
- Historically, Interest Coverage Ratio has averaged 2.5 across 5 years, with a median of 0.11 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 11227.88% — and 2024, when it jumped 273.49%.
- TerrAscend's Interest Coverage Ratio stood at 2.22 in 2022, then slumped by 85.26% to 0.33 in 2023, then surged by 273.49% to 1.22 in 2024, then plunged by 139.75% to 0.49 in 2025, then surged by 119.6% to 0.1 in 2026.
- Business Quant data shows TSNDF's Interest Coverage Ratio at 0.1 in Q1 2026, 0.49 in Q4 2025, and 0.09 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.83 Bn | 42.86 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 42.87 Bn | 39.22 Bn | 2.15 Bn | - |
| 3 | Zoetis | 31.41 Bn | 29.73 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.55 Bn | 22.75 Bn | 5.10 Bn | -3.15 |
| 5 | United Therapeutics | 22.08 Bn | 19.42 Bn | 683.80 Mn | 114.07 |
| 6 | Viatris | 18.73 Bn | 17.84 Bn | 1.46 Bn | 0.05 |
| 7 | Neurocrine Biosciences | 15.44 Bn | 15.05 Bn | 935.80 Mn | 52.24 |
| 8 | Elanco Animal Health | 11.75 Bn | 11.22 Bn | 798.00 Mn | 4.20 |
| 9 | Dr Reddys Laboratories | 10.11 Bn | 9.94 Bn | - | - |
| 10 | TerrAscend | 182.53 Mn | 140.41 Mn | 36.25 Mn | 1.68 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.10 |
| Mar 31, 2026 | 0.10 |
| Dec 31, 2025 | -0.49 |
| Sep 30, 2025 | 0.09 |
| Jun 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.11 |
| Dec 31, 2024 | 1.22 |
| Sep 30, 2024 | 0.99 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.86 |
| Dec 31, 2023 | 0.33 |
| Sep 30, 2023 | 2.08 |
| Jun 30, 2023 | 0.42 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 2.22 |
| Sep 30, 2022 | -48.69 |
| Jun 30, 2022 | -1.81 |
| Mar 31, 2022 | -0.54 |
| Dec 31, 2021 | 2.23 |
| Sep 30, 2021 | -0.43 |