Sndl annual net debt
2018
2018
2019
2020
2021
2022
2023
2024
2025
Sndl Net Debt Growth & History (SNDL)
Sndl's net debt was −$82.3M for fiscal 2025.
View full Sndl company overviewSndl annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$82.3M | −$16.2M | — |
| 2024 | 2024-12-31 | −$66.1M | −$38.1M | — |
| 2023 | 2023-12-31 | −$28.0M | $81.7M | — |
| 2022 | 2022-12-31 | −$109.8M | $415.0M | — |
| 2021 | 2021-12-31 | −$524.8M | −$465.8M | — |
| 2020 | 2020-12-31 | −$58.9M | −$208.5M | — |
| 2019 | 2019-12-31 | $149.5M | $107.9M | +258.93% |
| 2018 · Dec 31 | 2018-12-31 | $41.7M | — | — |
| 2018 · Feb 28 | 2018-02-28 | −$678,000 | — | — |
Sndl quarterly net debt
Q4.19
Q4.20
Q4.21
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$16.8M | $40.9M | — |
| Q1 2026 | 2026-03-31 | −$45.0M | — | — |
| Q4 2025 | 2025-12-31 | −$82.3M | −$16.2M | — |
| Q3 2025 | 2025-09-30 | −$85.5M | — | — |
| Q2 2025 | 2025-06-30 | −$57.7M | — | — |
| Q4 2024 | 2024-12-31 | −$66.1M | −$38.1M | — |
| Q4 2023 | 2023-12-31 | −$28.0M | — | — |
| Q4 2021 | 2021-12-31 | −$524.8M | −$465.8M | — |
| Q4 2020 | 2020-12-31 | −$58.9M | −$208.5M | — |
| Q4 2019 | 2019-12-31 | $149.5M | — | — |
Sndl net debt trends
Over the last five fiscal years, Sndl's net debt decreased from −$58.9M to −$82.3M, a change of −$23.4M. The latest reported quarter, Q2 2026, shows −$16.8M.
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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