TerrAscend Corp.
Financial ratios & Valuation

Historical Multiples (2016 – 2023)

2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-40.79-16.75-24.03-1.31-12.25285.15-0.65-5.08-1.17-1.31
Price/Sales ratio
N/AN/A77.573.339.584.560.861.450.979.58
Price/Book Value ratio
16.991.699.374.241.60K3.930.641.441.101.60K
Price/Cash Flow ratio
-83.70-27.46-21.10-5.9057.60-28.92-8.3816.86-10.1257.60
Price/Free Cash Flow ratio
-82.86-6.15-13.98-3.04-67.68-12.51-3.1725.67-6.01-6.01
Price/Earnings Growth ratio
N/A-0.03-0.72-0.000.23-2.790.000.060.00-0.00
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
N/AN/A-48.95%-3.12%13.28%55.07%37.06%50.32%38.39%-3.12%
Operating Profit Margin
N/AN/A-412.46%-76.63%-24.83%16.40%-9.58%-7.24%-98.96%-24.83%
Pretax Profit Margin
N/AN/A-314.09%-256.07%-63.77%22.92%-125.16%-18.54%-83.47%-256.07%
Net Profit Margin
N/AN/A-322.70%-254.26%-78.21%1.60%-133.11%-28.70%-83.17%-254.26%
Effective Tax Rate
N/AN/A-3.28%-0.74%-22.03%64.84%3.47%-39.86%-6.32%-22.03%
Return on Assets
-22.42%-9.85%-24.75%-46.83%-25.68%0.53%-45.18%-13.66%-43.12%-46.83%
Return On Equity
-41.67%-10.10%-39.00%-323.62%-13068.49%1.38%-99.42%-28.49%-73.19%-323.62%
Return on Capital Employed
-41.65%-9.88%-48.62%-20.45%-10.17%6.13%-4.04%-5.00%-53.46%-10.17%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/A3.47N/A
Quick Ratio
1.9430.921.380.450.802.060.540.241.830.45
Cash ratio
1.8630.620.700.080.631.200.190.100.920.08
Days of Sales Outstanding
N/AN/A598.99149.4119.9822.3625.3821.9022.5222.52
Days of Inventory outstanding
N/A1.30K552.41108.04141.89152.14112.84119.6775.47141.89
Operating Cycle
N/AN/A1.15K257.45161.87174.50138.23141.5881.02161.87
Days of Payables Outstanding
N/A1.28K465.8879.8258.1193.1879.60115.53N/A58.11
Cash Conversion Cycle
N/AN/A685.52177.63103.7681.3258.6326.0441.13103.76
Debt Ratios
Debt Ratio
N/AN/A0.140.130.390.300.200.310.540.13
Debt Equity Ratio
N/AN/A0.220.952010.790.440.641.180.95
Long-term Debt to Capitalization
N/AN/AN/A0.180.990.430.250.170.100.99
Total Debt to Capitalization
N/AN/A0.180.480.990.440.310.390.110.99
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/A-13.61N/A
Cash Flow to Debt Ratio
N/AN/A-1.98-0.750.13-0.17-0.170.13-0.860.13
Company Equity Multiplier
1.851.021.576.91508.742.602.202.082.18508.74
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
N/AN/A-3.67-0.560.16-0.15-0.100.08-0.09-0.56
Free Cash Flow / Operating Cash Flow Ratio
1.014.461.501.94-0.852.312.630.651.68-0.85
Cash Flow Coverage Ratio
N/AN/A-1.98-0.750.13-0.17-0.170.13-0.860.13
Short Term Coverage Ratio
N/AN/A-1.98-0.995.75-4.61-0.680.19-14.715.75
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A