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TSNDF · OTC · United States · Agricultural Production-Crops
In shortTerrAscend Corp. is loss-making, generates cash and carries heavy debt, with revenue shrinking (−2.8% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 16.1% | 70/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -31.2% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -59.0% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 10.2% | 68/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.38× | 48/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 2.28× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 3.96× | 1/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.46× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -3.97 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 5.0% | 40/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 19.6% | 38/100 |
| Operating margin volatility | 66.3% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 1.5% | 25/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 201 | 249 | 251 | 268 | 261 |
| Cost of revenue | 82 | 146 | 112 | 132 | 124 |
| Gross profit | 113 | 102 | 138 | 136 | 136 |
| Selling, general & admin | 75 | 116 | 115 | – | – |
| Operating income | 23 | (336) | 30 | 39 | 42 |
| Interest expense | 21 | 27 | 31 | 27 | 29 |
| Pre-tax income | 45 | (310) | (4.2) | 4.2 | 5 |
| Income tax | 29 | (11) | 23 | 25 | 29 |
| Net income | 6.1 | (325) | (87) | (73) | (81) |
| Diluted EPS | $0.01 | −$1.35 | −$0.34 | −$0.28 | −$0.29 |
| Diluted shares (millions) | 209 | 244 | 279 | 292 | 301 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
−3.97 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026