TerrAscend (TSNDF) Interest Coverage Ratio (2024 - 2026)
TerrAscend's (TSNDF) Interest Coverage Ratio came in at 1.68 for Q2 2026, up 6.6% from 1.58 a year earlier and up 8.2% from the prior quarter.
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Analysis
TerrAscend (TSNDF) Interest Coverage Ratio (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Coverage Ratio at TerrAscend was 1.42, down 7.0% year-over-year; for FY2025, it came in at 1.46, up 3.0% from FY2024.
- In prior years, TerrAscend's Interest Coverage Ratio was 1.42 in FY2024 (+48.1%) and 0.96 in FY2023.
- The Q2 2026 figure stands as the highest quarterly Interest Coverage Ratio since Q1 2025.
- On a year-over-year basis, Interest Coverage Ratio increased in four of the last six quarters, with growth averaging 18.4%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 1.55 (Q1 2026), 0.99 (Q4 2025) and 1.50 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | - |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -29.04 |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 3.28 |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 2.14 |
| 10 | TerrAscend | 191.69 Mn | 39.35 Mn | 36.25 Mn | 1.68 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.68 |
| Mar 31, 2026 | 1.55 |
| Dec 31, 2025 | 0.99 |
| Sep 30, 2025 | 1.50 |
| Jun 30, 2025 | 1.58 |
| Mar 31, 2025 | 1.83 |
| Dec 31, 2024 | 1.67 |
| Sep 30, 2024 | 1.05 |
| Jun 30, 2024 | 1.52 |
| Mar 31, 2024 | 0.86 |
API Access
TerrAscend Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TSNDF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TSNDF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TSNDF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();