TerrAscend annual net debt
2021
2022
2023
2024
2025
TerrAscend Net Debt Growth & History (TSNDF)
TerrAscend's net debt was −$452,000 for fiscal 2025.
View full TerrAscend company overviewTerrAscend annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$452,000 | −$17.0M | — |
| 2024 | 2024-12-31 | $16.6M | −$155.2M | −90.35% |
| 2023 | 2023-12-31 | $171.8M | −$51.9M | −23.21% |
| 2022 | 2022-12-31 | $223.8M | $271.5M | — |
| 2021 | 2021-12-31 | −$47.7M | — | — |
TerrAscend quarterly net debt
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 | $4.3M | −$213.4M | −98.02% |
| Q1 2026 | 2026-03-31 | −$1.2M | −$27.4M | — |
| Q4 2025 | 2025-12-31 | −$452,000 | −$17.0M | — |
| Q3 2025 | 2025-09-30 | $225.3M | $196.0M | +668.37% |
| Q2 2025 | 2025-06-30 | $217.7M | $173.8M | +395.75% |
| Q1 2025 | 2025-03-31 | $26.2M | −$140.7M | −84.31% |
| Q4 2024 | 2024-12-31 | $16.6M | −$155.2M | −90.35% |
| Q3 2024 | 2024-09-30 | $29.3M | −$3.7M | −11.22% |
| Q2 2024 | 2024-06-30 | $43.9M | $26.8M | +157.33% |
| Q1 2024 | 2024-03-31 | $166.9M | −$40.3M | −19.46% |
| Q4 2023 | 2023-12-31 | $171.8M | −$51.9M | −23.21% |
| Q3 2023 | 2023-09-30 | $33.0M | −$254.6M | −88.52% |
| Q2 2023 | 2023-06-30 | $17.1M | −$252.9M | −93.68% |
| Q1 2023 | 2023-03-31 | $207.3M | −$18.8M | −8.32% |
| Q4 2022 | 2022-12-31 | $223.8M | $271.5M | — |
| Q3 2022 | 2022-09-30 | $287.6M | — | — |
| Q2 2022 | 2022-06-30 | $270.0M | — | — |
| Q1 2022 | 2022-03-31 | $226.1M | — | — |
| Q4 2021 | 2021-12-31 | −$47.7M | — | — |
TerrAscend net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, TerrAscend's net debt increased from −$47.7M to −$452,000, a change of $47.2M. The latest reported quarter, Q2 2026, shows $4.3M.
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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