TerrAscend Corp. financial data

Symbol
TSNDF on OTC
Industry
Agricultural Production-Crops
Location
3610 Mavis Road, Mississauga, Ontario, Canada
State of incorporation
Ontario, Canada
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 60.4 % -24.7%
Quick Ratio 31 % -6.55%
Return On Equity -30 % +66.6%
Return On Assets -11.4 % +73.2%
Operating Margin -6.31 % +94.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 291M shares +6.52%
Common Stock, Shares, Outstanding 291M shares +6.06%
Entity Public Float 351M USD -99.9%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 291M shares +8.76%
Weighted Average Number of Shares Outstanding, Diluted 291M shares +8.76%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 329M USD +22.3%
Cost of Revenue 164M USD +10.2%
Selling and Marketing Expense 9.66M USD -6.4%
General and Administrative Expense 115M USD -5.27%
Operating Income (Loss) -20.7M USD +93.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -57.5M USD +81.3%
Income Tax Expense (Benefit) 20.5M USD -23.6%
Net Income (Loss) Attributable to Parent -78.8M USD +76.3%
Earnings Per Share, Basic -0.32 USD/shares +76.5%
Earnings Per Share, Diluted -0.32 USD/shares +76.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 22.7M USD -31.2%
Accounts Receivable, after Allowance for Credit Loss, Current 17M USD +89.2%
Inventory, Net 49.2M USD -3.17%
Assets, Current 97.7M USD -14.2%
Property, Plant and Equipment, Net 194M USD -9.24%
Operating Lease, Right-of-Use Asset 41.5M USD +38.5%
Intangible Assets, Net (Excluding Goodwill) 214M USD -12.2%
Goodwill 107M USD +11.7%
Other Assets, Noncurrent 867K USD -75.9%
Assets 656M USD -6.56%
Liabilities, Current 199M USD +27.6%
Deferred Income Tax Liabilities, Net 16.9M USD -51%
Operating Lease, Liability, Noncurrent 44M USD +38.1%
Other Liabilities, Noncurrent 18.5M USD +48.4%
Liabilities 423M USD +5.26%
Accumulated Other Comprehensive Income (Loss), Net of Tax 2.2M USD +26.4%
Retained Earnings (Accumulated Deficit) -717M USD -11.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 232M USD -22.5%
Liabilities and Equity 656M USD -6.56%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 13.3M USD +57.1%
Net Cash Provided by (Used in) Financing Activities -9.6M USD -202%
Net Cash Provided by (Used in) Investing Activities -3.42M USD +70.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.26M USD +155%
Deferred Tax Assets, Valuation Allowance 62.6M USD +2.18%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 70.4M USD +13.6%
Operating Lease, Liability 45.8M USD +34.1%
Depreciation 3.04M USD -6.76%
Payments to Acquire Property, Plant, and Equipment 2.8M USD +12%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -87.2M USD +74.1%
Lessee, Operating Lease, Liability, to be Paid 90.1M USD +40.3%
Property, Plant and Equipment, Gross 230M USD -4.22%
Operating Lease, Liability, Current 1.82M USD -21.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.16M USD +32.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.39M USD +36.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure +9.35%
Deferred Income Tax Expense (Benefit) -256K USD -118%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 44.4M USD +47.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.01M USD +36.5%
Deferred Tax Assets, Operating Loss Carryforwards 50.4M USD +20%
Deferred Federal Income Tax Expense (Benefit) -13.4M USD +54.4%
Current Income Tax Expense (Benefit) 42.1M USD +71.6%
Unrecognized Tax Benefits 94M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 6.85M USD +47.8%
Operating Lease, Payments 2.03M USD +62.2%
Additional Paid in Capital 946M USD +1.01%
Current State and Local Tax Expense (Benefit) 11.3M USD +315%
Current Federal Tax Expense (Benefit) 30.7M USD +41.7%
Amortization of Intangible Assets 1.94M USD +28.2%
Deferred Tax Assets, Net of Valuation Allowance 7.83M USD +955%
Share-based Payment Arrangement, Expense 7.48M USD -28.9%
Deferred State and Local Income Tax Expense (Benefit) -5.27M USD +12.2%