TerrAscend Financial Statements From 2010 to 2025

TSND Stock   1.10  0.05  4.76%   
TerrAscend Corp's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing TerrAscend Corp's valuation are provided below:
Gross Profit
151.1 M
Profit Margin
(0.40)
Market Capitalization
406.7 M
Enterprise Value Revenue
1.5449
Revenue
299.5 M
We have found one hundred twenty available fundamental trend indicators for TerrAscend Corp, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check TerrAscend Corp's current fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 29th of December 2025, Market Cap is likely to grow to about 339.7 M. Also, Enterprise Value is likely to grow to about 449.1 M

TerrAscend Corp Total Revenue

260.52 Million

Check TerrAscend Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TerrAscend Corp's main balance sheet or income statement drivers, such as Other Operating Expenses of 238.3 M, Ebitda of 6.5 M or Total Operating Expenses of 102.5 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0 or PTB Ratio of 1.0. TerrAscend financial statements analysis is a perfect complement when working with TerrAscend Corp Valuation or Volatility modules.
  
This module can also supplement various TerrAscend Corp Technical models . Check out the analysis of TerrAscend Corp Correlation against competitors.

TerrAscend Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets576.2 M607.2 M332.1 M
Slightly volatile
Total Current Liabilities114.9 M78.5 M66.6 M
Slightly volatile
Total Stockholder Equity199.3 M177 M115.2 M
Slightly volatile
Property Plant And Equipment Net190.3 M324.1 M109.4 M
Slightly volatile
Current Deferred Revenue5.4 M5.1 M1.6 M
Slightly volatile
Accounts Payable30.9 M46.7 M17.9 M
Slightly volatile
Cash47.6 M26.4 M28.6 M
Slightly volatile
Non Current Assets Total444.7 M502.8 M255.3 M
Slightly volatile
Cash And Short Term Investments49.9 M28.1 M29.9 M
Slightly volatile
Net Receivables18.7 M27.2 M10.8 M
Slightly volatile
Common Stock Shares Outstanding174.9 M291.5 M111.3 M
Slightly volatile
Liabilities And Stockholders Equity576.2 M607.2 M332.1 M
Slightly volatile
Other Current Assets355.1 K373.8 K8.5 M
Slightly volatile
Total Liabilities382.5 M430.4 M220.2 M
Slightly volatile
Total Current Assets131.5 M104.4 M76.8 M
Slightly volatile
Inventory48.5 M48.8 M25.7 M
Slightly volatile
Short and Long Term Debt Total263.9 M246.2 M127.8 M
Slightly volatile
Other Assets845.5 K890 K2.1 M
Slightly volatile
Short Term Investments3.1 M2.5 MM
Slightly volatile
Other Stockholder Equity756 M952.5 M393.4 M
Slightly volatile
Short Term Debt10.6 M11.1 M25.7 M
Slightly volatile
Good Will140.6 M153.7 M110.6 M
Slightly volatile
Non Current Liabilities Total291.9 M351.9 M291.5 M
Slightly volatile
Long Term Debt121.6 M192.6 M165.4 M
Slightly volatile
Long Term Debt Total131.5 M192.6 M184.8 M
Slightly volatile
Capital Surpluse808 M952.5 M470.8 M
Slightly volatile
Cash And Equivalents34.2 M26.4 M52.5 M
Slightly volatile
Intangible Assets243.6 M243.8 M153.6 M
Slightly volatile
Property Plant Equipment223.1 M225.4 M160.7 M
Slightly volatile

TerrAscend Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses238.3 M323.8 M137.1 M
Slightly volatile
Total Operating Expenses102.5 M167.1 M59.2 M
Slightly volatile
Depreciation And Amortization18.7 M23 M9.8 M
Slightly volatile
Cost Of Revenue146.4 M156.7 M75.8 M
Slightly volatile
Total Revenue260.5 M306.7 M123.3 M
Slightly volatile
Research Development467.9 K489.9 K290 K
Slightly volatile
Interest Expense30.4 M35.4 M14.6 M
Slightly volatile
Interest Income39.5 M32 M91.8 M
Slightly volatile
Selling General Administrative114.2 M105.2 M84.9 M
Slightly volatile
Selling And Marketing Expenses7.4 M6.1 M5.5 M
Slightly volatile

TerrAscend Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow45.5 M25.3 M26.2 M
Slightly volatile
Other Non Cash Items54.9 M57.8 M79.2 M
Slightly volatile
Capital Expenditures10 M10.5 M18.8 M
Slightly volatile
End Period Cash Flow48.1 M27 M28.8 M
Slightly volatile
Depreciation19.8 M23 M10.3 M
Slightly volatile
Stock Based Compensation10.1 M9.7 M11.1 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.580.607744.9457
Slightly volatile
PTB Ratio1.01.0532109
Pretty Stable
Days Sales Outstanding30.732.3159356
Slightly volatile
Book Value Per Share0.820.60650.6546
Slightly volatile
Average Payables25.1 M49.2 M22 M
Slightly volatile
Stock Based Compensation To Revenue0.04580.03160.0489
Slightly volatile
Capex To Depreciation0.440.45931.2984
Slightly volatile
PB Ratio1.01.0532109
Pretty Stable
EV To Sales1.261.324444.5547
Slightly volatile
Inventory Turnover2.013.21151.5041
Slightly volatile
Days Of Inventory On Hand108114739
Slightly volatile
Payables Turnover2.833.3542.0693
Slightly volatile
Sales General And Administrative To Revenue0.360.3430.3552
Slightly volatile
Average Inventory76.6 M78.2 M71.8 M
Slightly volatile
Research And Ddevelopement To Revenue0.00230.00250.013
Slightly volatile
Capex To Revenue0.03270.03441.1348
Slightly volatile
Cash Per Share0.09410.0990.2713
Pretty Stable
Days Payables Outstanding103109711
Slightly volatile
Intangibles To Total Assets0.690.6550.3069
Slightly volatile
Current Ratio1.261.32993.4857
Very volatile
Receivables Turnover9.1411.29475.874
Slightly volatile
Shareholders Equity Per Share0.820.6070.6576
Slightly volatile
Debt To Equity1.321.391214.8253
Pretty Stable
Capex Per Share0.03440.03620.134
Slightly volatile
Average Receivables13.8 M20.8 M10.9 M
Slightly volatile
Revenue Per Share0.91.0520.5893
Slightly volatile
Interest Debt Per Share1.050.96590.7099
Slightly volatile
Debt To Assets0.260.40540.2322
Slightly volatile
Graham Number0.891.01.0878
Slightly volatile
Operating Cycle139146795
Slightly volatile
Price Book Value Ratio1.01.0532109
Pretty Stable
Days Of Payables Outstanding103109711
Slightly volatile
Ebt Per Ebit2.593.05342.3602
Slightly volatile
Company Equity Multiplier3.263.431534.0528
Pretty Stable
Long Term Debt To Capitalization0.470.52110.2956
Slightly volatile
Total Debt To Capitalization0.420.58180.3511
Slightly volatile
Debt Equity Ratio1.321.391214.8253
Pretty Stable
Quick Ratio0.670.70853.2117
Very volatile
Net Income Per E B T0.861.53611.034
Very volatile
Cash Ratio0.320.33592.9537
Pretty Stable
Cash Conversion Cycle35.2937.146484.1937
Pretty Stable
Days Of Inventory Outstanding108114739
Slightly volatile
Days Of Sales Outstanding30.732.3159356
Slightly volatile
Price To Book Ratio1.01.0532109
Pretty Stable
Fixed Asset Turnover0.780.94610.6095
Slightly volatile
Debt Ratio0.260.40540.2322
Slightly volatile
Price Sales Ratio0.580.607744.9457
Slightly volatile
Asset Turnover0.260.5050.1947
Slightly volatile
Price Fair Value1.01.0532109
Pretty Stable

TerrAscend Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap339.7 M186.4 M334.7 M
Slightly volatile
Enterprise Value449.1 M406.2 M421.9 M
Slightly volatile

TerrAscend Fundamental Market Drivers

About TerrAscend Corp Financial Statements

TerrAscend Corp investors utilize fundamental indicators, such as revenue or net income, to predict how TerrAscend Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue5.1 M5.4 M
Cost Of Revenue156.7 M146.4 M
Total Revenue306.7 M260.5 M
Stock Based Compensation To Revenue 0.03  0.05 
Sales General And Administrative To Revenue 0.34  0.36 
Capex To Revenue 0.03  0.03 
Revenue Per Share 1.05  0.90 
Ebit Per Revenue(0.06)(0.06)

Pair Trading with TerrAscend Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TerrAscend Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TerrAscend Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against TerrAscend Stock

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The ability to find closely correlated positions to TerrAscend Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TerrAscend Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TerrAscend Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TerrAscend Corp to buy it.
The correlation of TerrAscend Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TerrAscend Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TerrAscend Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TerrAscend Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in TerrAscend Stock

TerrAscend Corp financial ratios help investors to determine whether TerrAscend Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TerrAscend with respect to the benefits of owning TerrAscend Corp security.