Ascend Wellness Holdings annual net debt
2020
2021
2022
2023
2024
2025
Ascend Wellness Holdings Net Debt Growth & History (AAWH)
Ascend Wellness Holdings's net debt was $525.9M for fiscal 2025.
View full Ascend Wellness Holdings company overviewAscend Wellness Holdings annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $525.9M | $12.1M | +2.35% |
| 2024 | 2024-12-31 | $513.8M | $6.4M | +1.26% |
| 2023 | 2023-12-31 | $507.4M | $8.1M | +1.62% |
| 2022 | 2022-12-31 | $499.3M | $187.9M | +60.36% |
| 2021 | 2021-12-31 | $311.3M | −$2.2M | −0.72% |
| 2020 | 2020-12-31 | $313.6M | — | — |
Ascend Wellness Holdings quarterly net debt
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $570.2M | $44.6M | +8.50% |
| Q1 2026 | 2026-03-31 | $551.6M | $25.1M | +4.78% |
| Q4 2025 | 2025-12-31 | $525.9M | $12.1M | +2.35% |
| Q3 2025 | 2025-09-30 | $549.1M | $13.5M | +2.52% |
| Q2 2025 | 2025-06-30 | $525.5M | $24.2M | +4.83% |
| Q1 2025 | 2025-03-31 | $526.5M | $16.5M | +3.24% |
| Q4 2024 | 2024-12-31 | $513.8M | $6.4M | +1.26% |
| Q3 2024 | 2024-09-30 | $535.6M | $18.3M | +3.53% |
| Q2 2024 | 2024-06-30 | $501.3M | −$12.5M | −2.43% |
| Q1 2024 | 2024-03-31 | $509.9M | $4.1M | +0.81% |
| Q4 2023 | 2023-12-31 | $507.4M | $8.1M | +1.62% |
| Q3 2023 | 2023-09-30 | $517.4M | $54.7M | +11.83% |
| Q2 2023 | 2023-06-30 | $513.8M | $130.8M | +34.15% |
| Q1 2023 | 2023-03-31 | $505.8M | $188.3M | +59.32% |
| Q4 2022 | 2022-12-31 | $499.3M | $187.9M | +60.36% |
| Q3 2022 | 2022-09-30 | $462.6M | $211.7M | +84.40% |
| Q2 2022 | 2022-06-30 | $383.0M | $181.7M | +90.30% |
| Q1 2022 | 2022-03-31 | $317.5M | −$39.5M | −11.06% |
| Q4 2021 | 2021-12-31 | $311.3M | −$2.2M | −0.72% |
| Q3 2021 | 2021-09-30 | $250.9M | — | — |
| Q2 2021 | 2021-06-30 | $201.3M | — | — |
| Q1 2021 | 2021-03-31 | $357.0M | — | — |
| Q4 2020 | 2020-12-31 | $313.6M | — | — |
Ascend Wellness Holdings net debt trends
Over the last five fiscal years, Ascend Wellness Holdings's net debt increased from $313.6M to $525.9M, a change of $212.3M. The latest reported quarter, Q2 2026, shows $570.2M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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