TREES Corp (Colorado) Debt-to-Equity Ratio Growth & History (CANN)

TREES Corp (Colorado)'s debt-to-equity ratio was 120.66 for fiscal 2023.

View full TREES Corp (Colorado) company overview

TREES Corp (Colorado) annual debt-to-equity ratio history

TREES Corp (Colorado) annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20232023-12-31120.66117.15+3329.59%
20222022-12-313.522.46+232.97%
20212021-12-311.06−3.70−77.78%
20202020-12-314.75
20182018-12-311.160.82+245.07%
20172017-12-310.34
20132013-12-312.76

TREES Corp (Colorado) debt-to-equity ratio trends

Over the last five fiscal years, TREES Corp (Colorado)'s debt-to-equity ratio increased from 1.16 to 120.66, a change of 119.51. The latest reported quarter, Q4 2023, shows 120.66.

About the metric

What the debt-to-equity ratio means

The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.

Calculation and source

How debt-to-equity is calculated

TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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