TerrAscend Ratios (2020-2025) | TSNDF

Ratios Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
Gross Margin 61.85%56.21%42.54%84.24%31.85%37.29%46.77%45.30%48.85%50.23%53.57%48.25%48.03%49.64%50.97%46.86%51.84%51.13%52.11%
EBT Margin -8.27%-36.67%120.38%44.03%-20.40%33.55%-502.64%18.93%-9.39%-8.88%5.72%-58.93%-6.42%4.23%-3.93%-48.52%-1.16%4.91%1.73%
EBIT Margin 22.44%19.75%-3.50%33.34%-16.26%-17.99%-495.91%20.20%5.48%4.85%19.86%-51.86%7.53%15.83%11.13%-42.23%12.20%16.88%17.11%
EBITDA Margin 25.92%22.66%0.74%34.22%-11.79%21.62%-463.03%-17.84%-33.31%-19.25%-9.40%-48.08%-17.92%-8.89%-35.74%-26.40%-17.26%-75.32%-37.72%
Operating Margin 22.44%19.75%-3.50%33.34%-16.26%-17.99%-495.91%20.20%5.48%4.85%19.86%-51.86%7.53%15.83%11.13%-42.23%12.20%16.88%17.11%
Net Margin -24.98%-47.86%110.48%9.31%-4.60%-4.20%-15.66%-15.55%-5.17%-0.86%-0.26%-18.42%0.07%-8.57%10.65%-17.28%-64.15%-22.50%
FCF Margin -3.72%-30.39%-66.85%-67.19%-46.19%-38.64%-15.38%-11.83%11.47%-0.25%8.64%9.10%12.97%27.93%9.35%-6.40%7.81%12.74%7.48%
Efficiency
Inventory Average 50.08M59.21M51.88M47.86M48.57M52.41M55.71M54.54M50.44M50.10M51.22M45.55M43.31M41.18M34.68M
Assets Average 809.17M1,022.51M867.05M713.54M701.58M711.66M728.21M700.59M661.03M657.89M658.59M632.08M603.98M586.37M563.63M
Equity Average 377.10M535.10M411.89M300.00M310.24M296.62M289.36M262.76M236.42M229.13M216.63M191.97M170.96M141.75M106.93M
Invested Capital -13.32M238.94M585.35M603.82M354.13M369.51M350.70M317.86M306.61M378.48M365.78M242.09M214.82M183.58M172.23M128.61M105.84M
Asset Utilization Ratio 0.230.180.240.350.380.390.410.450.500.490.450.500.510.520.54
Leverage & Solvency
Interest Coverage Ratio 0.861.521.051.281.581.50
Debt to Equity -12.870.830.580.551.160.600.830.780.790.830.830.830.921.081.151.772.33
Debt Ratio 0.330.290.300.450.280.350.320.310.300.290.280.290.310.320.370.40
Equity Ratio 0.390.510.540.380.460.430.410.390.360.350.340.320.290.270.210.17
Times Interest Earned 0.861.521.051.281.581.50
Dividends & Payouts
FCF Payout Ratio -0.010.46-0.88
Valuation
Enterprise Value 3.80M-74.28M-87.04M-46.28M-32.68M-27.38M-32.28M-28.88M-26.75M-25.91M-23.14M-27.63M-27.33M-28.25M-29.81M-27.22M-35.89M
Return Ratios
Return on Sales -0.25%-0.48%1.10%0.09%-0.05%-0.04%-0.16%-0.16%-0.05%-0.01%0.00%-0.01%-0.18%0.00%-0.09%0.11%-0.17%-0.64%-0.22%
Return on Capital Employed 0.02%-0.01%-0.49%-0.58%-0.59%-0.53%0.07%-0.04%-0.04%-0.02%-0.04%-0.04%-0.03%-0.04%-0.03%
Return on Invested Capital 0.01%-0.02%-0.67%-1.00%-1.00%-1.02%-1.91%-0.10%-0.08%-0.06%-0.16%-0.16%-0.16%-0.19%-0.19%
Return on Assets 0.03%0.05%-0.02%-0.04%-0.04%-0.04%-0.02%-0.01%-0.02%-0.02%-0.03%-0.01%-0.01%-0.08%-0.10%
Return on Equity 0.07%0.10%-0.03%-0.09%-0.09%-0.08%-0.05%-0.02%-0.07%-0.07%-0.09%-0.05%-0.04%-0.34%-0.54%