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 overviewTREES Corp (Colorado) annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 120.66 | 117.15 | +3329.59% |
| 2022 | 2022-12-31 | 3.52 | 2.46 | +232.97% |
| 2021 | 2021-12-31 | 1.06 | −3.70 | −77.78% |
| 2020 | 2020-12-31 | 4.75 | — | — |
| 2018 | 2018-12-31 | 1.16 | 0.82 | +245.07% |
| 2017 | 2017-12-31 | 0.34 | — | — |
| 2013 | 2013-12-31 | 2.76 | — | — |
TREES Corp (Colorado) quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2023 | 2023-12-31 | 120.66 | 117.15 | +3329.59% |
| Q3 2023 | 2023-09-30 | 12.52 | 10.51 | +522.16% |
| Q2 2023 | 2023-06-30 | 8.67 | 7.68 | +775.70% |
| Q1 2023 | 2023-03-31 | 5.06 | 4.05 | +401.92% |
| Q4 2022 | 2022-12-31 | 3.52 | 2.46 | +232.97% |
| Q3 2022 | 2022-09-30 | 2.01 | 1.27 | +170.48% |
| Q2 2022 | 2022-06-30 | 0.99 | −3.25 | −76.65% |
| Q1 2022 | 2022-03-31 | 1.01 | −2.92 | −74.37% |
| Q4 2021 | 2021-12-31 | 1.06 | −3.70 | −77.78% |
| Q3 2021 | 2021-09-30 | 0.74 | — | — |
| Q2 2021 | 2021-06-30 | 4.24 | — | — |
| Q1 2021 | 2021-03-31 | 3.93 | — | — |
| Q4 2020 | 2020-12-31 | 4.75 | — | — |
| Q1 2019 | 2019-03-31 | 4.31 | — | — |
| Q4 2018 | 2018-12-31 | 1.16 | 0.82 | +245.07% |
| Q3 2018 | 2018-09-30 | 0.56 | — | — |
| Q2 2018 | 2018-06-30 | 0.27 | — | — |
| Q4 2017 | 2017-12-31 | 0.34 | — | — |
| Q2 2015 | 2015-06-30 | 197.70 | 196.03 | +11733.60% |
| Q1 2015 | 2015-03-31 | 7.52 | 6.56 | +679.77% |
| Q2 2014 | 2014-06-30 | 1.67 | — | — |
| Q1 2014 | 2014-03-31 | 0.96 | — | — |
| Q4 2013 | 2013-12-31 | 2.76 | — | — |
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.
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.
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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