TSNDF (TerrAscend) Equity-to-Asset: 0.16 (As of Mar. 2026) — 56% Below Median

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TSNDF TerrAscend Corp TSNDF
35 GF Score
Price $0.50
GF Value $0.99
Valuation Possible Value Trap
! 5 Warning Signs
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What is TerrAscend Equity-to-Asset?

TerrAscend TSNDF -4.74% 35 Equity-to-Asset is 0.16 as of Mar. 2026, which is 56% below its 10-year median of 0.36. GuruFocus rates TSNDF with a GF Score™ of 35/100 and a GF Value™ of $0.99 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,007 Drug Manufacturers companies, TerrAscend ranks worse than 89.57% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TerrAscend's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $87.9 Mil. TerrAscend's Total Assets for the quarter that ended in Mar. 2026 was $549.1 Mil. Therefore, TerrAscend's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.16.

The historical rank and industry rank for TerrAscend's Equity-to-Asset or its related term are showing as below:

TSNDF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.04   Med: 0.36   Max: 0.98
Current: 0.16

During the past 10 years, the highest Equity to Asset Ratio of TerrAscend was 0.98. The lowest was -0.04. And the median was 0.36.

TSNDF's Equity-to-Asset is ranked worse than
89.57% of 1007 companies
in the Drug Manufacturers industry
Industry Median: 0.61 vs TSNDF: 0.16

TerrAscend  (OTCPK:TSNDF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


TerrAscend Equity-to-Asset Related Terms


TerrAscend Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for TerrAscend's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TerrAscend Equity-to-Asset Chart

TerrAscend Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.45 0.36 0.29 0.18

TerrAscend Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.21 0.17 0.18 0.16

TSNDF vs ZTS: Equity-to-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, TerrAscend's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TerrAscend Equity-to-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TerrAscend's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TerrAscend's Equity-to-Asset falls into.


TSNDF
35GF Score
TerrAscend Corp TSNDF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TerrAscend Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

TerrAscend's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=97.485/557.379
=0.17

TerrAscend's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=87.925/549.098
=0.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.16 mean?
TerrAscend (TSNDF) has a Equity-to-Asset of 0.16 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TerrAscend and its competitors. This is 56% below median its historical median of 0.36. According to the industry distribution chart, TerrAscend ranks #902 out of 1007 companies in the Drug Manufacturers industry, placing it in the top 89.6%.
Is TerrAscend's Equity-to-Asset too high?
TerrAscend's current Equity-to-Asset of 0.16 is 56% below median its 10-year median of 0.36. The Drug Manufacturers industry median Equity-to-Asset is 0.61. TerrAscend's value of 0.16 is 73.8% below this industry median. Based on the distribution chart, TerrAscend ranks #902 out of 1007 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, TerrAscend has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TerrAscend's Equity-to-Asset compare to ZTS?
According to the Drug Manufacturers industry distribution chart, TerrAscend ranks #902 out of 1007 companies for Equity-to-Asset. This places TerrAscend in the lower half of its industry. The industry median Equity-to-Asset is 0.61. TerrAscend's value of 0.16 is 73.8% below this benchmark. While the company's 10-year median is 0.36 vs. the industry median of 0.61, TerrAscend has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Drug Manufacturers company?
The median Equity-to-Asset among Drug Manufacturers companies is 0.61, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TerrAscend's current Equity-to-Asset of 0.16 is 73.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TerrAscend and its competitors. For the Drug Manufacturers industry, the median Equity-to-Asset is 0.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TerrAscend's current Equity-to-Asset is 0.16, which is 56% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TerrAscend stock overvalued right now?
Based on GuruFocus' analysis, TerrAscend (TSNDF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.99, compared to a current price of $0.50 — trading 49.5% below its estimated fair value. The current Equity-to-Asset is 0.16, which is 56% below median its 10-year median of 0.36 and 73.8% below the Drug Manufacturers industry median of 0.61. TerrAscend's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For TerrAscend (TSNDF), the current Equity-to-Asset is 0.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TerrAscend (TSNDF) Overvalued in 2026?

Based on GuruFocus' analysis, TerrAscend stock appears to be undervalued. The current stock price of $0.50 is trading 49.5% below its estimated GF Value™ of $0.99. GuruFocus considers TerrAscend to be Possible Value Trap.

Key valuation signals for TSNDF:

  • Equity-to-Asset: 0.16 (56% below median its 10-year median of 0.36)
  • GF Value™: $0.99 vs. price of $0.50 (49.5% below fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 73.8% below the Drug Manufacturers median (#902 of 1007)

No single metric tells the full story. See the TSNDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TerrAscend Business Description

Other Exchanges TED:GermanyTSND:Canada
Address 77 City Centre Drive, Suite 501, East Tower, Mississauga, ON, CAN, L5B 1M5
TerrAscend Corp is a company focused on creating and delivering cannabis products and services that meet the evolving needs of its patients. It also provides education and support programs to physicians and patients through healthcare professionals. In addition, the firm operates in California, Maryland, New Jersey, and Pennsylvania, with retail operations in Ohio and Canada. It operates The Apothecarium and other dispensary retail locations as well as scaled cultivation, processing, and manufacturing facilities in its core markets. The firm has one operating segment, being the cultivation, production, and sale of cannabis products, with subsidiaries located in Canada and the United States. The company generates key revenue from the United States.
35GF Score

Get the complete analysis for TSNDF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.50
Price
$0.99
GF Value